Automation And Its Macroeconomic Consequences


Automation And Its Macroeconomic Consequences
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Automation And Its Macroeconomic Consequences


Automation And Its Macroeconomic Consequences
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Author : Klaus Prettner
language : en
Publisher: Academic Press
Release Date : 2020-06-19

Automation And Its Macroeconomic Consequences written by Klaus Prettner and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-19 with Business & Economics categories.


Automation and Its Macroeconomic Consequences reveals new ways to understand the economic characteristics of our increasing dependence on machines. Illuminating technical and social elements, it describes economic policies that could counteract negative income distribution consequences of automation without hampering the adoption of new technologies. Arguing that modern automation cannot be compared to the Industrial Revolution, it considers consequences of automation such as spatial patterns, urbanization, and regional concerns. In touching upon labor, growth, demographic, and policy, Automation and its Macroeconomic Consequences stands at the intersection of technology and economics, offering a comprehensive portrait illustrated by empirical observations and examples. Introduces formal growth models that include automation and the empirical specifications on which the data-driven results rely Focuses on formal modeling, empirical analysis and derivation of evidence-based policy conclusions Considers consequences of automation, such as spatial patterns, urbanization and regional concerns



Automation


Automation
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Author : Friedrich Pollock
language : en
Publisher:
Release Date : 1957

Automation written by Friedrich Pollock and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1957 with Automation categories.




Digitalization And The Future Of Work


Digitalization And The Future Of Work
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Author : Melanie Arntz
language : en
Publisher:
Release Date : 2019

Digitalization And The Future Of Work written by Melanie Arntz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.


Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex tasks are automatable at a precision which seemed infeasible only few years ago. The examples range from voice and image recognition, playing Go, to self-driving vehicles. Machines are able to perform more and more manual and also cognitive tasks that previously only humans could do. As a result of these developments, some argue that large shares of jobs are "at risk of automation", spurring public fears of massive job-losses and technological unemployment. This chapter discusses how new digital technologies might affect the labor market in the near future. First, the chapter discusses estimates of automation potentials, showing that many estimates are severely upward biased because they ignore that workers in seemingly automatable occupations already take over hard-to-automate tasks. Secondly, it highlights that these numbers only refer to what theoretically could be automated and that this must not be equated with job-losses or employment effects - a mistake that is done often in the public debate. Thirdly, the chapter develops scenarios on how digitalization is likely to affect the German labor market in the next five years and derives implications for policy makers on how to shape the future of work. Germany is an interesting case to study, as it is a developed country at the technological frontier. In particular, the main challenge will not be the number, but the structure of jobs and the corresponding need for supply side adjustments to meet the shift in demand both within and between occupations and sectors.



The Future Impact Of Automation On Workers


The Future Impact Of Automation On Workers
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Author : Wassily Leontief
language : en
Publisher: Oxford University Press
Release Date : 1986-01-16

The Future Impact Of Automation On Workers written by Wassily Leontief and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-01-16 with Business & Economics categories.


While the computer revolution has created hundreds of thousands of new jobs, it has threatened as many other jobs with obsolescence and has often caused the displacement of workers by computer-based machines. Here, Nobel Prize-winning economist Wassily Leontief and Faye Duchin use the input-output approach, a method that has been widely applied in examining structural economic change, to analyze the complex issues surrounding the impact of computer-driven automation on employment. Following a general discussion of the impact of automation on employment, they focus on four specific sectors within the economy--manufacturing, office work, education, and health care. The input-output approach makes it possible to draw conclusions regarding both overall employment and the prospects for individual occupations. Taking account of the increased need for workers in the production of computer-based equipment, the authors conclude that by the year 2000 automation will not cause dramatic unemployment if the economy is able to achieve a smooth transition from the old to new technologies.



The Political Economy Of Digital Automation


The Political Economy Of Digital Automation
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Author : Sreenath Majumder
language : en
Publisher: Routledge
Release Date : 2020-08-31

The Political Economy Of Digital Automation written by Sreenath Majumder and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-31 with Business & Economics categories.


With digital automation becoming ubiquitous, the relationship between man and machine is being redefined. This book, through a focus on America, identifies the tension this relationship has produced, and how it has divided America socially, politically, and economically, ultimately breeding two fundamentally incompatible nations within one: the “forgotten America” and “elite America.” This book enables the reader to visualize the changes brought by automation on our producer and buyer identities, and suggests policy changes that global leaders could adopt to deal with the increasing discord. The book is heavily dependent on a few fundamental concepts of both economics and sociology, such as globalization, labor economics, and cultural homogenization. The book is ideally suited to students and academics researching political economics and sociology, with focuses on globalization, unemployment, and the social impacts of technological advances.



Automation Innovation And Work


Automation Innovation And Work
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Author : Jon-Arild Johannessen
language : en
Publisher: Routledge
Release Date : 2020-03-11

Automation Innovation And Work written by Jon-Arild Johannessen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-11 with Business & Economics categories.


Artificial intelligence will not necessarily create a super-intelligent “human robot”; however, it is very probable that intelligent robots and intelligent informats will bring about a form of super-globalization, in which money and goods are prioritized over people and democracy and where the widespread use of casual labour – that is, short-term contracts – will become the most common form of employment relationship. It is also very likely that artificial intelligence will bring about what is known as singularity. This term is used to describe a situation where intelligent robots, from a rational and logical perspective, are smarter than humans, i.e. the development of AI. This book explores the impact that these intelligent robots and intelligent informats will have on social and societal development. The author tackles the question of singularity from three distinct standpoints: technological singularity – the intelligence of machines compared to that of humans – which he argues will bring about a qualitatively new labour market; economic singularity – the consequences for work relationships, value creation and employment – which he asserts will promote full automation, result in precarious contracts with low salaries, and, in some countries, possibly lead to the introduction of a universal basic income; and social singularity – the consequences of technological and economic singularity for democratic processes, bureaucratic procedures for exercising authority and control, and the direction in which society will develop, in addition to the emergence of new social institutions – which Johannessen says will promote a transition from representative democracy to genuine democracy. The book will appeal to academics, researchers and students of economic sociology and political economy, as well as those focusing upon the emerging innovation economy. It will also find an audience among professionals and policymakers keen to understand the impact the Fourth Industrial Revolution will have on organizations, individuals and society at large.



The Basic Economic Consequences Of Automation


The Basic Economic Consequences Of Automation
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Author : John Theurer Diebold
language : en
Publisher:
Release Date : 1960

The Basic Economic Consequences Of Automation written by John Theurer Diebold and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1960 with Automation categories.




The Economic Consequences Of Automation


The Economic Consequences Of Automation
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Author : Paul Einzig
language : en
Publisher:
Release Date : 1956

The Economic Consequences Of Automation written by Paul Einzig and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1956 with Automation categories.




Disrupted Development And The Future Of Inequality In The Age Of Automation


Disrupted Development And The Future Of Inequality In The Age Of Automation
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Author : Lukas Schlogl
language : en
Publisher: Springer Nature
Release Date : 2020-01-13

Disrupted Development And The Future Of Inequality In The Age Of Automation written by Lukas Schlogl and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-13 with Social Science categories.


This open access book examines the future of inequality, work and wages in the age of automation with a focus on developing countries. The authors argue that the rise of a global ‘robot reserve army’ has profound effects on labor markets and economic development, but, rather than causing mass unemployment, new technologies are more likely to lead to stagnant wages and premature deindustrialization. The book illuminates the debate on the impact of automation upon economic development, in particular issues of poverty, inequality and work. It highlights public policy responses and strategies–ranging from containment to coping mechanisms—to confront the effects of automation.



Automation


Automation
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Author : Almarin Phillips
language : en
Publisher:
Release Date : 1957

Automation written by Almarin Phillips and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1957 with Automation categories.