How Artificial Intelligence Development Influences Economic Growth
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How Artificial Intelligence Development
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Author : Johnny CH LOK
language : en
Publisher:
Release Date : 2017-07-28
How Artificial Intelligence Development written by Johnny CH LOK and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-28 with categories.
This book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future.In chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether it can impact human job nature.In chapter two, I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market.In chapter three, I shall indicate how (AI) will influence global economic change.In chapter four, I shall indicate whether (AI) technology can impact service management industry.In chapter five, I shall indicate whether (AI) technology will influence digital industry economic change.In chapter six, I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing , even global economic change in our future life. This book is suitable to any students who expect to make personal judgement and analysis to concern whether (AI) technology will impact our life and it will influence global economic change in our future.
Artificial Intelligence Influences Economic Growth
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Author : Johnny Ch LOK
language : en
Publisher:
Release Date : 2018-06-22
Artificial Intelligence Influences Economic Growth written by Johnny Ch LOK and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-22 with categories.
PrefaceThis book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future.In chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature as well as I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market.In chapter two, I shall indicate how (AI) will influence global economic technology productivity change as well as I shall indicate whether (AI) technology can impact global service management industry development.In chapter three, I shall indicate whether (AI) technology will influence digital industry economic change as well as I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing change , even global economic change in our future life. This book is suitable to any students who expect to make personal judgement and analysis to concern whether how (AI) technology will impact our life and it can influence global economic change in our future.
Productivity Relationship Between Artificial Intelligence And Economic Growth
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Author : Johnny C. H. Lok
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-11-22
Productivity Relationship Between Artificial Intelligence And Economic Growth written by Johnny C. H. Lok and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-22 with categories.
This book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future. In chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature as well as I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market. In chapter two, I shall indicate how (AI) will influence global economic technology productivity change as well as I shall indicate whether (AI) technology can impact global service management industry development. In chapter three, I shall indicate whether (AI) technology will influence digital industry economic change as well as I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing change, even global economic change in our future life. This book is suitable to any students who expect to make personal judgement and analysis to concern whether how (AI) technology will impact our life and it can influence global economic change in our future.
Artificial Intelligence Future Ten Development Stages
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Author : Johnny Ch LOK
language : en
Publisher: Independently Published
Release Date : 2019-11-29
Artificial Intelligence Future Ten Development Stages written by Johnny Ch LOK and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-29 with categories.
Can (AI) technology influence China economy? Could China workers be affected and jobs made up of routine work activities and predictable? Will programmable tasks be particularly impact to China employment market ? When impact on labor market is likely to be gradual at the aggregate level, it can be sudden and dramatic at the level of specific work activities, rending some job obsolete fairly. Overall (AI) technology will raise digital skills when reducing demand for medium incomer inequality for China workers. It seems (AI) technology's effect on productivity could be crucial to China's future economic growth as the population ages are increasing. In China, some biggest technological companies driving significant investments in research and development. Moreover, China is one of the leading global (AI) technology development county. However, China will need to focus on building its innovation capacity. For example, United States and United Kingdom are currently producing more influential (AI) technological research. However, if China planed to achieve (AI) technology success, it's traditional industries will need to develop technical know-how -to and overcoming implementation costs prepare to develop (AI) . When (AI) technology is introduced into China society, China government needs to raise concerning ethical, legal, technological security etc. business questions. Also, surrounding issues include privacy, discrimination, legal liability and regulation. It aims to encourage overseas investors to choose to invest (AI) technological industry to raise GDP growth and manufacturing industries income growth for long term in China. If China encouraged overseas (AI) technology investment in its country. It is possible to influence China employment market to be changed. Because (AI) technology will impact to influence China people daily life. Due to (AI) technology is introduced to China society, many rich people will prefer to spend to buy any high (AI) technological products for entertainment or learning or machine man driving etc. daily necessity activities. Then it will raise GDP growth and will raise (AI) manufacturers or related-(AI) technological manufacturers profit. It is beneficial to China because it can become one high knowledgeable and (AI) technological economical society.But it will bring bad influences to raise unemployment chance for the low skillful labor. In labor economy aspect influence , how (AI) technology can influence China low skillful labor unemployment ratio raising. The raising low skill labor unemployment reason is because China low skillful human labors are argued or are replaced by (AI) technology creating new challenges to introduce to influence China society of simply human manufacturing job nature to be changed to be high (AI) technology manufacturing job nature in any China factories. Moreover, when (AI) technology introduction to China, it will cause other related social challenges in China. The varied (AI) related challenges, including the difficulty of creating safe and reliable hardware for sensing and affecting ( transportation and education), the challenges of gaining public trust, a low resource comities and public safety and security, the challenges of overcoming fears or marginalizing humans in China employment and workplace and the risk of diminishing interpersonal trust because the low skillful labors won't believe any China employers will give chance to employ them , due to (AI) technology will replace their skills and man manufacturing of productivity is much less to compare to (AI) technology manufacturing method.⦁How does ( AI) technology influence the future of employment change? Are future nature of jobs changed to computerization from (AI) technology?
The Economics Of Artificial Intelligence
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Author : Ajay Agrawal
language : en
Publisher: University of Chicago Press
Release Date : 2024-03-05
The Economics Of Artificial Intelligence written by Ajay Agrawal and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-05 with Business & Economics categories.
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.
The Economics Of Artificial Intelligence
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Author : Ajay Agrawal
language : en
Publisher: University of Chicago Press
Release Date : 2019-06-07
The Economics Of Artificial Intelligence written by Ajay Agrawal and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-07 with Business & Economics categories.
Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. Contributors: Daron Acemoglu, Massachusetts Institute of Technology Philippe Aghion, Collège de France Ajay Agrawal, University of Toronto Susan Athey, Stanford University James Bessen, Boston University School of Law Erik Brynjolfsson, MIT Sloan School of Management Colin F. Camerer, California Institute of Technology Judith Chevalier, Yale School of Management Iain M. Cockburn, Boston University Tyler Cowen, George Mason University Jason Furman, Harvard Kennedy School Patrick Francois, University of British Columbia Alberto Galasso, University of Toronto Joshua Gans, University of Toronto Avi Goldfarb, University of Toronto Austan Goolsbee, University of Chicago Booth School of Business Rebecca Henderson, Harvard Business School Ginger Zhe Jin, University of Maryland Benjamin F. Jones, Northwestern University Charles I. Jones, Stanford University Daniel Kahneman, Princeton University Anton Korinek, Johns Hopkins University Mara Lederman, University of Toronto Hong Luo, Harvard Business School John McHale, National University of Ireland Paul R. Milgrom, Stanford University Matthew Mitchell, University of Toronto Alexander Oettl, Georgia Institute of Technology Andrea Prat, Columbia Business School Manav Raj, New York University Pascual Restrepo, Boston University Daniel Rock, MIT Sloan School of Management Jeffrey D. Sachs, Columbia University Robert Seamans, New York University Scott Stern, MIT Sloan School of Management Betsey Stevenson, University of Michigan Joseph E. Stiglitz. Columbia University Chad Syverson, University of Chicago Booth School of Business Matt Taddy, University of Chicago Booth School of Business Steven Tadelis, University of California, Berkeley Manuel Trajtenberg, Tel Aviv University Daniel Trefler, University of Toronto Catherine Tucker, MIT Sloan School of Management Hal Varian, University of California, Berkeley
Artificial Intelligence How Impacts Global Economy
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2020-01-16
Artificial Intelligence How Impacts Global Economy written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-16 with categories.
In the future, if (AI) technology is an increasingly critical component of more products, it will become an integral part of necessary products of many people's lives. The extent of (AI)'s economy effort is also likely to vary from region to region, thought variation may be more dependent on the predominate economic activity of a region and the (AI) ability can influence economic activity, rather then the economic or developmental status of the regions. (AI) technology can move accessibility and can use source development to do international business between one country and another country. So (AI) technology has the potential to give benefits to different income chooses and to bring significant gains to both developed and developing countries. For agricultural technology, (AI) has the potential to optimize food production around the world by analyzing agricultural regions and identifying what is necessary to improve crop yield. In total, (AI) technology gives greater economic impact to any countries agricultural regions if which implemented (AI) technology to grow crop, fruit etc. food production in the farms.Investment in (AI) technology is such as capital investment to any countries' public or private enterprises. So, it will have large economic impact to the future . If the (AI) technology is reasonable invested to the different needs aspect by the public or private enterprises in the country. Then, it will have good economic impact to the country in the future. However, when (AI) technology is likely to affect both the productivity and employment components of economic growth in many sectors. Significant public debate has focused on projections of (AI)'s effect on the labor force. However, for instance, some researchers have argued that the rise of (AI) technology and automation will led to significant unemployment as capital is substituted for the low skillful labor. So, they point to the concern that the increasing sophistication of (AI) technology may balance skilled and semi-skilled workers and the reduce the size of the middle class. However, this is not a new argument, due to (AI) technology negatively affecting the labor force and leading to mass unemployment. Because the (AI) technology is the substitution of machinery for human labor. Although, employment in certain industries, has been reduced in the past due to technological advancement. For long term, the labor market has adapted to the introduction of new technology, giving rise to new jobs in new areas. (AI) technology may also be accomplished without a reduction to total employment in the long-term to some Asia countries, such as Hong Kong and Japan. Because Hong Kong and Japan many low skilled labor, e.g. security, cleaner who complaint that employers need them to work long time hours. ( abnormal working hours) e.g. one day 12 to 15 working hour per day. Hence, if (AI) machine means invention technology success. Security or cleaning job can be worked from (AI) machine man in some hours every day in order to reduce the long time working hours cleaners or security workers, e.g. one (AI) machine man works 4 hours for cleaning or security job, one day as well as another cleaner or security labor only needs to work 8 hours one day. So total security or cleaning employers can employ 12 hours machine cleaners or security workers and human cleaners or security workers in one day. For long term benefit, Hong Kong or Japan every security or cleaning worker does not need to work 12 hours minimum working hours one day. They won't feel tried and bore and without private with whose families, so who will accept to do these cleaning or security jobs, even they can raise work efficient and performance when who feel happy and health.
Artificial Intelligence How To Raise Economic Growth
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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2020-01-16
Artificial Intelligence How To Raise Economic Growth written by Johnny Ch Lok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-16 with categories.
⦁Can (AI) influence global economy growth?Technological progress is main driver of growth of GDP per capita, allowing output to increase faster than labor and capital . However, technology can increase productivity, but also decrease the number of labor hours needed to create a unit of output. So (AI) causes unequal to labor wage decreases, even reduces the number of labor to manufacture, e.g. artificial intelligence technology of automation car manufacturing industry; clothing manufacturing industry; plane manufacturing etc. high technology of artificial intelligence manufacturing method. But (AI) should be potential environment benefit, although it raises unemployment ratio. Moreover, it can rise production, due to many skilled craft were replaced by the combination of machines and lower-skilled labor. The result of (AI) technology introduction, it causes output per hour risen when inequality declined, driving up average living standards, but the labor of some high-skill workers was no longer as valuable in the market. Otherwise, if (AI) technology is continue developed to be success. Some routine intensive occupations will be loss, which focused on predictable, e.g. easily programmable tasks, such as switchboard operators, filing clerks, travel agents, and assembly line workers would be particularly replaced by new (AI) technology. However, at the same time, (AI) technology development will bring these benefits: improvement in education ( training (AI) technology scientists), due to (AI) manufacturing technology needs are raising to businesses and institutional changes, such as the reduction in unionization and raising in the minimum wage to the (AI) manufacturing technology skilled labor in factories.Because (AI) technology is not a single technology, but rather a collection of technologies that are applied to specific tasks, the effects of (AI) will be felt unevenly though the economy. It will bring some tasks will be most easily automated than others, and some jobs will be affected more than others, both negatively and positively. Finally, new jobs are likely to be directly created in areas, such as the development and supervision of (AI) as well as indirectly created in a range areas though out the economy as higher incomes lead to expanded demand.However, if (AI) technology could dominate global labor markets. If labor productivity increases, do not influence into wage increases, then the large economic gains brought about by (AI) technology could be increased wealth inequality, due to employers can reduce production cost, but workers ( labors) wages will not be increased, even will be decreased. Hence, it seems the (AI) technology will bring disadvantages to labor market to cause unemployment or reduce wages in possible, although it can reduce employer individual salary (wage) expenditure and it can raise productivity.⦁How can artificial intelligence impact global economy growth?
Powering The Digital Economy Opportunities And Risks Of Artificial Intelligence In Finance
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Author : El Bachir Boukherouaa
language : en
Publisher: International Monetary Fund
Release Date : 2021-10-22
Powering The Digital Economy Opportunities And Risks Of Artificial Intelligence In Finance written by El Bachir Boukherouaa and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-22 with Business & Economics categories.
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Artificial Intelligent Future Development Trend Prediction
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Author : Johnny Ch LOK
language : en
Publisher:
Release Date : 2018-08-14
Artificial Intelligent Future Development Trend Prediction written by Johnny Ch LOK and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-14 with categories.
Second part, I shall explain how future (AI) technology can be applied to business and health service aspect. The research questions: Can AI grow productivity? If AI can grow productivity, how can it raise ? If productivity raised, can it raise economic development ? How will (AI) influence human job change? Advances in artificial intelligence (AI) technology is for the progress in critical areas, such as health, education, energy, economy inclusion, social welfare and the environment. Thus, it brings this question: Which (AI) workers be instead of traditional human workers in these different new markets? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence , such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased. Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to change to future human job market. If one day, (AI) technology can be applied to any human job aspects. Whether human will face unemployment disadvantages or human won't face unemployment disadvantages. Whether (AI) technology will be applied to assist to future human job to raise productivities or economic growth to any societies or improve performance for any employers' benefits and workers' benefits. This book will have explanation to let readers to feel whether how future (AI) technological innovation will bring benefits or disadvantages to influence human's job market in future one day global job market influence.This part concerns to be given my opinions to explain whether artificial intelligent technology will impact our life and will influence economic development in the future, due to productivity raises.In chapter twelve, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature to raise productivity or not. I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market in order to raise productivity in possible.