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Author: Johnny Ch Lok
Publisher:
ISBN:
Category :
Languages : en
Pages : 170
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Book Description
Part OneLabor market behavioral changeChapter 5(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.(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 more advantages 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.1.2How (AI) influences labor marketToday, it may be challenging to predict exactly which jobs will be most immediately affected by (AI)-driven automation. Because (AI) is not a single technology, but rather a collection of technologies that are applied to specific tasks.Some specific predictions are possible based on the current (AI) technology. For example, driving jobs and house cleaning jobs, bank counter service jobs, telephone enquiry service operators. Restaurant cooking jobs, simple accounting record service jobs etc. that require relatively less education to perform. Advancements in computer vision and related technologies have made the feasibility of fully appear more likely, potentially displacing some workers in driving-dominant professions. Seemingly similar robot, for which the operational tasks is less specific of navigating to a specific destination when following a set of given rules and preserving safety.
Author: Johnny Ch Lok
Publisher:
ISBN:
Category :
Languages : en
Pages : 170
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Book Description
Part OneLabor market behavioral changeChapter 5(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.(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 more advantages 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.1.2How (AI) influences labor marketToday, it may be challenging to predict exactly which jobs will be most immediately affected by (AI)-driven automation. Because (AI) is not a single technology, but rather a collection of technologies that are applied to specific tasks.Some specific predictions are possible based on the current (AI) technology. For example, driving jobs and house cleaning jobs, bank counter service jobs, telephone enquiry service operators. Restaurant cooking jobs, simple accounting record service jobs etc. that require relatively less education to perform. Advancements in computer vision and related technologies have made the feasibility of fully appear more likely, potentially displacing some workers in driving-dominant professions. Seemingly similar robot, for which the operational tasks is less specific of navigating to a specific destination when following a set of given rules and preserving safety.
Author: Johnny Ch Lok
Publisher: Independently Published
ISBN: 9781794467040
Category : Business & Economics
Languages : en
Pages : 122
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Book Description
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.
Author: John Lok
Publisher:
ISBN: 9789358815948
Category :
Languages : en
Pages : 0
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Book Description
I write this book aim to let readers to feel whether how artificial intelligent technology will influence future technological development to influence human life. How can artificial intelligent tools can bring positive or negative impact to influence future technological development to developing and developed countries ? The another research questions: Should robotic production of factor of technology be caused to economic development? What is future (AI) artificial intelligent products development trend and reasonable development stages? How to predict consumer behaviors to persuade who to feel (AI) products are more satisfactory to their needs? Why do consumers feel them to need to buy any (AI) products to use? Will it have other similar products to replace (AI) any products? How is the reasonable stages to achieve future (AI) development in success? What are the different development stages between developed and developing countries ? Whether (AI) robotic workers can be instead of traditional human workers in these different new markets to bring positive or negative impaction to change human job nature change? 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 to replace human jobs? 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 human job market.
Author: Johnny Ch LOK
Publisher:
ISBN: 9781790252497
Category :
Languages : en
Pages : 53
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Book Description
Although, some arguments indicate that automation will influence the low skillful workers, who will lose their jobs, due to automation replaces them. But, on employer's beneficial hand, the volume of demands won't have been reachable without robotic work force. Having a big various order of products lead automatically to automation, but literally speaking, using only human work force. The quantity and the quality can't be achieved. It is a constantly need of improvement, even in the robotic production.In fact, robotic systems can achieve performances by conventional production processes. They affect quality, production time, and general safety. A robot will never be late to work, don't require lunch breaks, or sickness leaves. For example, for companies that produce products in large scale the orders have to meet a certain deadline. This can be achieved by robots working 24/24 hours compared to employees. The other robotic benefits include: using robots in manipulation and other field of industry where these machines are able to do the hard tasks, human can't one move easily to use and more cheaper in compare with humans. From the position of an investor, buying a robotic technology will have some cost with implementing the technology and make it work. The robot can work 24 hours/ 24 hours, 7 days with no salary paid and an increased speed in manipulation. Furthermore, the quality produced by the robots is constantly better in companison to the one produces by the employee, which can vary.Anyway, robots won't effect the human worker's in any way because they need the robots to make precise and fast procedures which can not be done by a simple worker, e.g. activities that are really dangerous to perform, for instance, dust cleaning, fix oil spills, analysis of hazardous environments or extremely dangerous polluted environments, space exploration or risky drilling operations that can be done well in possible.The negative impact of robots influences to our societies, it includes these aspects:Firstly, on social expenditure aspect, what if some of the often testing activities are needed to carry out by humans could be done by machines powered by artificial intelligence? Would that reduce the long-term testing costs? Would it increase the speed of testing? Would that be a clever strategy to adopt? Because (AI) needs to be tested often to ensure that users can rely on the decisions taken by (AI). If (AI) (robot) does wrong decision, it will influence inefficient productivities to manufacturers or non-manual driven auto vehicles will make wrong direction judgement to drive dangerous on roads. The, testing is one impact influence to manufacturers, when they need to spend too much money to test many times , its judgement can be made more accurate to help or assist human to do any tasks or activities. it need social money contribution to support to achieve any robots invention successfully.Secondly, on global labor market negative impact aspect, (AI) will have a fundamental impact on the global labor market in the coming years. A machine is powered by artificial intelligence can work reliably, 24/7 hours and it can not be distracted by other external circumstances. So, everyone involved in IT projects will either have come across (AI) already. Testing , (AI) and when using (AI) for testing demands, additional skills. It needs (AI) testers need to do all testing tasks. Rather, testing must be a team effort. Thus, in (AI) testers labor market, it will increase demand this kind od (AI) testers ( engineers) occupation needs. Such as business analysts, data scientists, programmers, operations and maintenance people and end users.
Author: Zia Qureshi
Publisher: Brookings Institution Press
ISBN: 081573901X
Category : Business & Economics
Languages : en
Pages : 298
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Book Description
Addressing the big questions about how technological change is transforming economies and societies Rapid technological change—likely to accelerate as a consequence of the COVID-19 pandemic—is reshaping economies and how they grow. But change also causes disruption, creates winners and losers, and produces social stress. This book examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. Shifting Paradigms is the second book on technological change produced by a joint research project of the Brookings Institution and the Korea Development Institute. Contributors are experts from the United States, Europe, and Korea. The first volume, Growth in a Time of Change, was published by Brookings in February 2020. The book's underlying thesis is that the future is arriving faster than expected. Long-accepted paradigms about economic growth are changing as digital technologies transform markets and nearly every aspect of business and work. Change will only intensify with advances in artificial intelligence and other innovations. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration inevitable with the new technologies or can their benefits be more widely shared? How can the promise of FinTech be captured while managing risks? Should workers fear the new automation? Are technology-driven shifts in business and work causing income inequality to rise? How should public policy respond? Shifting Paradigms addresses these questions in an engaging manner for anyone interested in understanding how the economic and social agenda is being transformed by today's winds of change.
Author: John Lok
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
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Book Description
Author: Johnny Ch Lok
Publisher:
ISBN:
Category :
Languages : en
Pages : 170
Get Book Here
Book Description
AI industry development first stageAlthough, (AI) technology will be popular to applied to different jobs, but it still needs social acceptance to replace some human jobs. Today, it is increasingly common for people to use robots in various situations at home and in retail stores, hotels and hospitals. Robots are classified into several types based on their functionality ( service and utility robots or those designed to communicate with humans ) and appearance ( humanoid robots or mechanical robots). The types of robot to which every country attaches particular important in the advance of robotics, reflects the sense of values and preferences of its population . Thus, (AI) will be applied to replace human to do these above different kinds of job nature. For example, U.S. has the highest level of robot utilization at home and an retail stores with its people being the most enthusiastic about the future use of robots. Otherwise, Germany shows a strong tendency to consider robots for industrial purposes, and its people feel strong to the presence of robots in their households. Japanese accepts to apply" human aid robot" that can communicate with humans and they have a high level of familiarity with robots.Hence, it implied those three countries have accept (AI) to replace human to do any these kinds of job duty and it will influence these three countries' workers lose their old occupations and who will unemployed absolutely, due to many (AI) robots replace them to do their job duties in the future. Also, US will have many retail service workers or retail warehouse workers are unemployed. Germany will have many manufacturing industry's workers are unemployed. Japanese will have many communication industry workers are unemployed, such as telephone service, shopping center services etc. different kind of service industry's service staffs . It will cause these kind of workers' competitive abilities are lost in themselves countries' jobs that require such skills include software developers, court judges, nurses, high school teachers, dentists and university lecturers, these occupations are still difficult to be replaced by (AI) robots.Are robots taking our jobs or making them? In fact, our societies will have unemployment challenges, even (AI) technology has not created before. However, after (AI) robots invention, some of human jobs will be replaced and it can raise many low skillful and low knowledge level worker unemployment number. However, I think that high productivity driven by increasingly powerful IT -enabled machines is the causes of global labor market problems and accelerating technological change will only make those problems worse. IT technology brings this question: Are robots killing human's jobs or benefiting human's jobs? I suppose that there is a limited amount of labor to be done. The implication is that technology can create unemployment by displacing workers, such as (AI) invention, because the more efficiently worker work ( using machines or (AI) robots), the loss work there is for workers to do. Even, any new jobs will be better done by machines or (AI) robots, and unemployment will still skyrocket. How do we know that humans will always be better at some work, or more importantly, enough work, than machines or (AI) robots, e.g. human drivers drive more safe or careful to compare (AI) robot drivers. But, the challenge is that it is not ensure that (AI) robots drivers must not drive careless to cause the chance of accident occurrences more than human drivers. However, technological change can be beneficial to innovation, automation and increasing productivity for businesses.
Author: John Lok
Publisher: Notion Press
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
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 as well as how to influence human job market change. Robots may bring what positive or negative influences to human societies. In labor market part, I shall indicate how artificial intelligence technology influences future macro global economy 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.
Author: Johnny Ch Lok
Publisher: Independently Published
ISBN: 9781079013986
Category :
Languages : en
Pages : 40
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Book Description
(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.
Author: Johnny Ch Lok
Publisher:
ISBN: 9781652564539
Category :
Languages : en
Pages : 128
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Book Description
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.
