How Artificial Intelligence Influences Labor Market Changes

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How Artificial Intelligence Influences Labor Market Changes

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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-12-29

How Artificial Intelligence Influences Labor Market Changes 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 2019-12-29 with categories.

However, to answer the question: Whether (AI) technology machine labor will replace human worker more or assist human worker more. I shall indicate some examples to let readers to judge whether (AI) technology can create new jobs or reduce old jobs.Firstly, I shall explain what (AI) function is. (AI) is a service robot that performs useful tasks for humans or equipment excluding industrial automation application . Thus, the classification of a robot into industrial robot or service robot is done according to its intended application. It is also a personal service robot or a service robot for personal used for a non commercial task, usually by lay persons . Examples are domestic servant robot, and pet exercising robot. It is also a professional service robot or a service robot for professional used for a commercial task, usually operated by a properly trained operator. Examples, are cleaning robot for public places, delivery robot in offices or hospitals, fire-fighting robot, rehabilitation robot and surgery robot in hospitals. Thus, these functions will be future (AI) application to our daily life necessaries or business necessaries.However, some authors agree (AI) will bring negative outcomes of automation, due to raise competiveness, reduce human job nature. Otherwise, other authors argue (AI) will bring positive outcomes of automation, due to raise productivities, job creation, assist humans work. On the positive outcome hand, robots can increase productivity . This is particularly important for small-to medium sized businesses both are in developed and developing countries economies. It also enables large companies to increase their competitiveness through faster product development and delivery. Increased use of robot is also enabling companies in high cost countries to re shore, or bring back to their domestic base parts of the supply chain that will have previously outsourced to sources of cheaper labor. Currently, the greater threat to employment is not a automation, but an inability to remain competitive. Automation has led overall to an increase in labor demand and positive impact on wages. The reason is that the middle-income/middle-skilled jobs have reduced as a proportion of overall contribution to employment and earnings leading to fears of increasing income inequality, the skills range within the middle income bracket is large. Thus, robots are driving an increase in demand for workers at the higher -skilled and with a positive impact on wages. This issue is how to enable middle-income earners in the lower-income range to unskilled or retain. Finally, the (AI) positive impact supporter who argue the future will be robots and humans can work together. However, on the negative outcome hand, robots can substitute labor activities, but don't replace jobs. They believe that less than 10% of jobs are fully automatable. Increasingly, robots are used to complement and augment labor activities, the net impact on jobs and the quality of work is positive. Automation can provide the opportunity for humans to focus on higher-skilled, higher-quality and higher-paid tasks. Robots can improve productivity when they are applied to tasks that which perform more efficiently and to a higher and more consistent level of quality than humans. For example, increased productivity is enabling some firms, such as Whirlpool, Caterpillar and Ford Motors company in the US restructure their supply chains, bringing back parts of the manufacturing process to the country of origin. Thus, productivity gains due to robotics and automation are important not just at the company level, but also for build industry and nation competitiveness.

Artificial Intelligence Influences Human Job Market

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Author : Johnny Ch LOK
language : en
Publisher:
Release Date : 2018-04

Artificial Intelligence Influences Human Job Market 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 2018-04 with categories.

Part One Labor market changeChapter One (AI) -driven automation industry development1.1 (AI) - driven automation industry development how to influence work nature change (AI) -driven automation industry will create wealth and expand economy growth to any countries, but it will be accompanied by changed in the skills that workers need to learn. One of main ways that technology increases productivity is by decreasing the number of labor hours needed to create a unit of output. It implies (AI) technology will influence low educated and low skillful labor number to be decreased ( reduction employment number). In contrast, technological change tended to work in a different direction throughout the nowadays. The advance of computer and the internet raised the relative productivity of higher skilled workers. So, routine-intensive occupations that focused on predictable tasks disappearance, such as switch board, operators, filming checkers, travel agents and assembling line workers etc. were particularly replaced by new technologies. However, today, it may be challenging to predict exactly which jobs will be most immediately affected by (AI) driven-automation. The reason is because (AI) is not a single technology, but rather a collection of technologies that are felt unevenly through the economy to influence job changing both negatively and positively. In positively view point, (AI) driven-automation will make many workers more productive and increase demand for certain skills. Consequently, new jobs are likely to be directly create in areas , such as the development and supervision of (AI) as well as indirectly created in a range of areas throughout the economy as higher incomes lead to expanded demand. Otherwise, in negatively view point, many traditional human needed ( demand) skillful jobs will be threatened by automation are highly concentrated among lower-paid, lower-skilled and less -educated workers. It means automation will cause pressure on demand for this group, pressure and employment, if (AI) can replace the low skilled and less educated workers' jobs. Thus, (AI) will have negative influence to impact on the labor market.

How Artificial Intelligence Influences Future Human Job Market Change

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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2021-04-10

How Artificial Intelligence Influences Future Human Job Market Change 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 2021-04-10 with categories.

How can (AI) influence labor market?⦁How can human society job nature to be changed to artificial intelligent society? From the first intelligent perspective reason view point, artificial intelligence is making machines " intelligent" acting as humans expect people to act. Artificial intelligence has ability to distinguish computer responses from human responses, it owns knowledge to solve expert problem. From another research perspective reason view point, artificial intelligence is the study of how to make computers do things which, at the moment, people do better ( Rich & Knight, 1991, p.3).(AI) researchers are native in a variety of domains, e.g. formal tasks ( mathematics, games), tasks ( perception, robotics, natural language, common sense reasoning), expert tasks ( financial analysis, medical diagnostics, engineering, scientific analysis and other areas). From the second business perspective reason view point, (AI) is a set of many powerful tools, and methodologies for using those tools to solve business problems. From a programming perspective reason view point, (AI) includes the study of symbolic programming problem solving and search . From the third human technological perspective reason view point, today's computer can do many well-defined tasks, for example, arithmetic operations, are much faster and more accurate than human beings. However, the computers' interaction with their environment is not very sophisticated yet. How can human test whether a computer has reached the general intelligence level of a human being? Can a computer convince a human interrogator that it is a human? But before thinking of such advanced kinds of machines, human will start developing our own extremely simple " intelligent" machines. So, it is possible that human society job nature will to be changed to artificial intelligent society when (AI) technology is developed to the mature stage in the future.⦁Why does human need artificial intelligence machines?One of major division in (AI) is between humans who think (AI) is the only serious way of finding out how we ( human) work and human who want companies to do very smart things, independently of how we ( human) work. This is the important distinction between cognitive scientists vs engineers. One of another major division in (AI) is between symbolic (AI), which represents information through symbols and their relationships. Specific Algorithms are used to process these symbols to solve problems or deduce new knowledge and connectionist. So ( AI), which represents information in network. Biological processes underlying learning, task performance and problem solving are imitated from human mind behaviors. Thus, it is possible that artificial intelligence machines can do the better judgicious behavior to compare human.⦁How does artificial intelligence influence future working changing in automation employment and productivity aspects?In the automation changing influence aspect, as companies increasingly use robots on production lines or algorithms to optimize their logistics manage inventory, any carry out other core business functions. Technological advances are creating a new automation age in which ever-smarter and more flexible machines will be deployed on an ever larger scale in the marketplace. However, researching artificial intelligence with how influences human working nature. We need to answer these questions: How will automation transform the workplace? What will the implications for employment? And what is likely to be its impact both on productivity in the global economy and on employment?

Artificial Intelligence Impacts Human Job Market Change

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Author : Johnny Ch Lok
language : en
Publisher: Independently Published
Release Date : 2019-07-07

Artificial Intelligence Impacts Human Job Market Change 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 2019-07-07 with categories.

(AI) -driven automation industry will create wealth and expand economy growth to any countries, but it will be accompanied by changed in the skills that workers need to learn. One of main ways that technology increases productivity is by decreasing the number of labor hours needed to create a unit of output. It implies (AI) technology will influence low educated and low skillful labor number to be decreased ( reduction employment number).In contrast, technological change tended to work in a different direction throughout the nowadays. The advance of computer and the internet raised the relative productivity of higher skilled workers. So, routine-intensive occupations that focused on predictable tasks disappearance, such as switch board, operators, filming checkers, travel agents and assembling line workers etc. were particularly replaced by new technologies.However, today, it may be challenging to predict exactly which jobs will be most immediately affected by (AI) driven-automation. The reason is because (AI) is not a single technology, but rather a collection of technologies that are felt unevenly through theeconomy to influence job changing both negatively and positively. In positively view point, (AI) driven-automation will make many workers more productive and increase demand for certain skills. Consequently, new jobs are likely to be directly create in areas, such as the development and supervision of (AI) as well as indirectly created in a range of areas throughout the economy as higher incomes lead to expanded demand. Otherwise, in negatively view point, many traditional human needed ( demand) skillful jobs will be threatened by automation are highly concentrated among lower-paid, lower-skilled and less -educated workers. It means automation will cause pressure on demand for this group, pressure and employment, if (AI) can replace the low skilled and less educated workers' jobs. Thus, (AI) will have negative influence to impact on the labor market.(AI) capabilities will enable automation of some tasks that have long required human labor. Why can (AI) replace some simple human jobs? For example, advances in robotics are expanding machines' abilities to interact with and sharp the physical world. Combined, (AI) and robotics will give rise to smarter machines that can perform more sophisticated functions than ever before and brings moreadvantages that humans have exercised. This will permit automation of many tasks now performed by human workers and could change the shape of the labor market and human activity.

Artificial Intelligence Influences Human Job Market Change

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Author : Johnny Ch LOK
language : en
Publisher:
Release Date : 2017-11-30

Artificial Intelligence Influences Human Job Market Change 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 2017-11-30 with categories.

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 skillfull 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 human job market. I shall give example to let my readers to think how to support my final view point.

How And Why Artificial Intelligence Influences

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Author : Johnny Ch LOK
language : en
Publisher:
Release Date : 2020-05-22

How And Why Artificial Intelligence Influences 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 2020-05-22 with categories.

I suppose that productivity can be raised. What are the impacts of robots on employment? Firstly, the main focus of development has been on personal entertainment, which does not drive worker productivity ( manufacturing production). When the internet ( information and communication technology (ICT)) innovation. This is borne and by findings that manufacturing productivity, which has been driven by innovations in automation rather than consumer technologies, has government strongly than productivity in the services sectors of the economy in most nature economies. It seems (AI) automation will create many jobs in internet communication entertainment game industry. For example, many young people like to use internet to play any electronic games from computer or mobile at home or outside home conveniently. Thus, (AI) automation will increase demand to be invented to any new entertainment game from internet channel. It will need to employ many (AI) entertainment game inventors to create many automation entertainment games. Thus, (AI) automation in internet entertainment game industry will need human (AI) entertainment game inventors to invent the knowledge-based capital of (AI) automation entertainment games. The (AI) entertainment game inventors will need own research and development skills, form specific skills, organizational know-how skills, databased knowledge, design and various forms of intellectual property to do these (AI) automation entertainment game invention occupations in the future.International Federation Of Robotics(2016) indicated that China will be as a major robotics manufacturer and user of robots, benefiting from jobs created by robot manufacturing and productivity gains from robot use. Chins had sold of robots to any one single market every year since 2017 year. The Chinese government has included a focus on robotics in its 10 year strategy. In order to achieve its target of a robot density of 150 units per 10, 000 workers by 2020 year. Thus, Chinese companies will have to install around 650,000 new industrial robots between 2016 to 2020 year, 2.5 times more than installed globally in 2015 year. Hence, China (AI) manufacturing industry will need to employ many workers . It implies (AI) manufacturing industry will create many new occupations in China. Also, ministry of economy, trade and industry (2015) also showed that Japan currently has the largest stock of industrial robots in operations, primarily in the automation industry. Driven by a rapidly aging population and low productivity rates, the Japanese government has sights on a 20-fold increase in the use of robots in the non-manufacturing sector and a three-fold growth rate of labor productivity in the service sector both by 2020 year. Thus, it also implies Japan will need many robots to be provide to service industry. Due to robots will provide to serve any businessmen's clients. Thus, it is possible that the service workers won't be dismissed as well as it is depended on the serving job nature to decide whether Japan's service workers can still serve to their employer when the service (AI) robots are applied to whose employers.Consequently, it seems that (AI) can create employment, Ministry of economy, trade and industry (2015) showed that such as China will develop the major (AI) automation manufacturing industry. The (AI) employers will need to employ many workers to manufacture any these different kinds of (AI) robots to satisfy China or overseas individual or business buyers needs. But, (AI) can also cause unemployment to the low skillful service workers. Such as if Japan some service businesses choose to buy any (AI) service robots to replace their service staffs to serve their clients. It is possible that the service staffs will be dismissed, due to (AI) robots can do such as their same service job duties to achieve better service performance.

Artificial Intelligence Brings Positive Or Negative Impaction To Influence Human Job Change

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Author : Johnny Ch Lok
language : en
Publisher: Independently Published
Release Date : 2019-01-20

Artificial Intelligence Brings Positive Or Negative Impaction To Influence Human Job Change 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 2019-01-20 with Business & Economics categories.

Chapter Two Future works change: Automation, employment and productivity2.1How (AI) influences employment Human future " micro to macro" industry trends will be affected business strategy and public policy by (AI) technology. In the future (AI) technology will influence those six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the economic impact of technology and innovation and urbanization. However, (AI) technology will bring economic benefits of tackling gender inequality, a new global competition, Chinese innovation and digital globalization.Nowadays, advances in robotics artificial intelligence, and machine learning are in a new age of automation, as machines match or outperform human performance in a development to any countries. For example, automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. For example, some research indicated automation could raise productivity growth globally by 0.8 to 1.4 % annually; more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated using demonstrated technologies about 60% of all occupations have at least 30% of constituent activities that could be automated. Many occupations will change that will be automated away: Activities most susceptible to automation involve physical activities, in highly structured and predictable environments, as well as the collection and processing of data. They are most prevalent in manufacturing, accommodation and food service and retail trade and include some middle-skill jobs. For example, such as natural language processing is a key factor. Beyond technical feasibility, the cost of technology competition with labor including skills and supply and demand dynamics, performance benefits including and beyond labor cost savings, and social and regulatory acceptance will be affected by (AI) automation technology. Thus, (AI) automation will impact to influence global employment in those aspects as below: Firstly, assuming that people are displaced by automation will find other employment. The anticipated shift in the activities in the labor force is of a similar order as the long-term shift away from agriculture and decreases in manufacturing share of employment. Both of manufacturing and agriculture industries which would be accompanied by the creation of new types of work not foreseen at the time.Secondly, for business, the performance benefits of automation are relatively clear. Thus, the businessmen have opportunities for their micro economies to benefits from the productivity growth potential and macro economies to benefit to encourage continued progress and innovation, investment and market incentives. At the same time, employers must innovate policies to help workers and institutions adapt to the impact on employment.

Artificial Intelligence Future Ten Development Stages

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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2019-12-03

Artificial Intelligence Future Ten Development Stages 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 2019-12-03 with categories.

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? Where are the probability of computing occupations from (AI) technology influence? What is expected impacts of future computing on labor market from (AI) technology influence? John Maynard Keynes's frequently cited prediction of widespread technological unemployment " du to our discovery of means of economic the use of labor outrunning the pace of which we can find new used of labor" ( Keynes, 1933, p.3).In the future, (AI) technology will impact some nature of occupations to change computing. This chance will also influence some countries' economic change. For example, some factory human labors hand routine manufacturing tasks will be changed to computerization of routine manufacturing tasks by (AI) technological machine men hand manufacturing method. it will cause a structured shift in the labor market, with workers reallocating their labor supply from middle-income manufacturing to low-income service occupations.

How Artificial Intelligence Influences Consumer And Labor Market

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Author : Johnny Ch Lok
language : en
Publisher: Independently Published
Release Date : 2020-08-27

How Artificial Intelligence Influences Consumer And Labor Market 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 2020-08-27 with categories.

What occupations will be influenced by (AI) technology.In the future, scientists predict that these occupations will be influenced by (AI) technology mostly. They include: retail salespeople, food and beverage service workers, language or translation teachers, health practitioners. Since these work activities have a more relevant occupations are made up of a range of activities with different potential for (AI) automation . For example, a retail salesperson will spend more time interacting with customers, stocking shelves, or ringing up sales. Each of these activities is distinct and requires different capabilities to perform successfully.Thus, these job activities have similar simple control characteristics. Simple activities include greet customers, answer questions about products and services, clean and maintain work areas, demonstrate product feature process sales and transactions. All these activities can have similar simple activities in order to (AI) machines can be learn how to do these activities from (AI) technology . For example, the capability perception includes sensory perception, cognitive capabilities, such as retrieving automation, recognizing known patterns( supervised learning), logical reasoning problem solving. Thus, (AI) machine is such human, which has feeling and emotion, such as social and emotional sensing, judgement reasoning methods, natural language understanding and physical capabilities, such as mobility, navigation, gross motor skill, fine motor skills. It seems that the future, (AI) human invents machines which will have these human characteristics to do human similar behavioral job duties more easily and efficiently. It implies these above human occupations will be replaced by (AI) human invention machines in the future. Due to (AI) creation, it is possible to cause unemployment number of these above workers will increase because (AI) machines can do their similar job behavioral activities.Consequently, employers won't need to employ many of these skillful labor. Otherwise, they can buy less number (AI) machines to attempt to do whose job activities more easily and efficiently. So, it seems (AI) machines will have more high work performance to replace these occupation workers' work performance. Finally, these occupation worker unemployment number will only increase when the (AI) machines had been invented to achieve to do their work behavioral activities absolutely success in the future.How can apply (AI) digital channel to predict consumer behaviors?(AI) digital channel can be applied to help businesses to evaluate whether how much the product price is the most attractive to persuade consumers feel it is the most reasonable price to sell. It helps consumers to feel which brands of products which ought change the price to let consumers to choose to buy the brand of product. It can be applied to predict whether how many consumer numbers can be increased or decreased when the brand of product's price is variable. It aims to give opinions to help any brand of product manufacturers or sellers to judge whether which price is the most reasonable to let consumers to accept to choose to buy the brand of product in popular.Thus, (AI) price measurement technology can be preference to be applied online communication ecommerce and mobile phone internet platform aspect. As businesses can enter their past products prices data and past customer number data into computer or mobile. Then, (AI) price measurement technology can gather these data to analyze these product prices and past customer number to compare their prices variable changing range level to find their price variable difference to measure to make conclusion about every product's price variable changing will influence how many customer number increase or decrease changing to choose to sell their different kinds of products more accurate.

How Artificial Intelligence Influences Consumer And Labour Market Change

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Author : Johnny Ch Lok
language : en
Publisher:
Release Date : 2020-10-17

How Artificial Intelligence Influences Consumer And Labour Market Change 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 2020-10-17 with categories.

(AI) big data gather tool will encounter the challenge: How can predict customer behavior be represented as sequential data describing the interactions of the customer with a company or an (AI) data gather system through the time, e.g. these interactions are items that the customer purchase or views ? So, every customer data gather, (AI) needs to spend time to analyze how and why to cause whose consumption behavioral choice. It is too difficult matter or judgement for (AI) learning. So, (AI) needs to spend time to learn how to analyze every customer's shopping behavior or actin in order to gather all different consumers' past shopping action information in order to help business owners to predict future its potential customer shopping behavior how to change more clear and accurate prediction. (AI) big data gather tool needs to learn to know that how to judge every customer interaction likes purchases over time can be represented with sequential data. Sequential data has the main property that the order of the information is important. Many (AI) machine learning models are not suited for sequential data, as they consider each input sample independent from previous ones. Therefore, at the end of the sequence, (AI) big data gather learn machines need to keep in their internal state of every customer purchase data, kind of product or service, price, whole year consumption times form all previous inputs, making them suitable for this type of data.However, consumer behavior can be represented as sequential data describing the interactions through the time. Examples of these interactions are the items that the user purchases or views. Therefore, the history of interactions can be modeled as sequential data, which has the particular trial that an incorporate a temporal aspect. For example, if a user buys a new mobile phone, who might purchase accessories for this mobile phone in the near future or it the user buys a electronic book or paper book, he might be interested in books by the same author. Therefore, to make accurate predictions is important to model this temporal aspect correctly. To solve this predictive challenge of consumers to buy the product. One count the number of purchased products of a particular category in the last N days, or the number of days since the last purchase.So, the (AI) big data gather designers can attempt to produce a feature vector which can be fed into a machine learning algorithm such as " logistic regression" will be the main feature and function to any (AI) big data gather machine to learn how to apply this " logistic regression" function or feature to predict any customer behavioral change for any product purchase or service consumption to the (AI) predictive consumer behavioral business users. Every different kinds of product purchases or services consumption will be needed to design " different model of logistic regression" in order to follow the kind of business to predict whose consumer purchase or service consumption behavior to predict more accurate.