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Author: Fernanda Brollo
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 21
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Book Description
This paper investigates the impact of automation on the U.S. labor market from 2000 to 2007, specifically examining whether more generous social protection programs can mitigate negative effects. Following Acemoglu and Restrepo (2020), the study finds that areas with higher robot adoption reduced employment and wages, in particular for workers without collegue degree. Notably, the paper exploits differences in social protection generosity across states and finds that areas with more generous unemployment insurance (UI) alleviated the negative effects on wages, especially for less-skilled workers. The results suggest that UI allowed displaced workers to find better matches The findings emphasize the importance of robust social protection policies in addressing the challenges posed by automation, contributing valuable insights for policymakers.
Author: Fernanda Brollo
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 21
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Book Description
This paper investigates the impact of automation on the U.S. labor market from 2000 to 2007, specifically examining whether more generous social protection programs can mitigate negative effects. Following Acemoglu and Restrepo (2020), the study finds that areas with higher robot adoption reduced employment and wages, in particular for workers without collegue degree. Notably, the paper exploits differences in social protection generosity across states and finds that areas with more generous unemployment insurance (UI) alleviated the negative effects on wages, especially for less-skilled workers. The results suggest that UI allowed displaced workers to find better matches The findings emphasize the importance of robust social protection policies in addressing the challenges posed by automation, contributing valuable insights for policymakers.
Author: Fernanda Brollo
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 47
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Book Description
Generative artificial intelligence (gen AI) holds immense potential to boost productivity growth and advance public service delivery, but it also raises profound concerns about massive labor disruptions and rising inequality. This note discusses how fiscal policies can be employed to steer the technology and its deployment in ways that serve humanity best while cushioning the negative labor market and distributional effects to broaden the gains. Given the vast uncertainty about the nature, impact, and speed of developments in gen AI, governments should take an agile approach that prepares them for both business as usual and highly disruptive scenarios.
Author: Sri Wening Handayani
Publisher: Asian Development Bank
ISBN: 9290922451
Category : Political Science
Languages : en
Pages : 641
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Book Description
On 21-22 April 2010, the Asian Development Bank (ADB) organized a social protection conference in Manila. Interest in social protection has been growing since the global financial crisis heightened awareness of the many millions of people in Asia and the Pacific who live in poverty or vulnerable situations. Thus, policy makers are now keen to develop social protection systems that can assist people to both leave and stay out of poverty. The conference brought together people from ADB, its developing member countries, partner agencies, research institutes, and civil society organizations to exchange valuable experience and information and discuss ideas on how to develop social protection and expand it for the well-being of people in Asia and the Pacific. This book features selected papers from the conference that respond to the need for integrated and inclusive social protection to improve the quality of peoples' lives and livelihoods. Specific areas emphasized are health insurance, pensions, the informal sector, measures targeting children, and measuring and monitoring social protection.
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464813566
Category : Business & Economics
Languages : en
Pages : 201
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Book Description
Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today.Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.
Author: Thomas A.Q.T. Truong
Publisher: Thomas A.Q.T. Truong
ISBN:
Category : Computers
Languages : en
Pages : 151
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Book Description
Artificial intelligence (AI) stands at the cusp of revolutionizing the global job market, echoing previous technological upheavals such as the Industrial Revolution. "The Future of Work: How AI Will Transform Industries and Jobs" delves deeply into the multifaceted impacts of AI on employment, offering a comprehensive framework to understand and navigate this landscape. The book opens by defining the conceptual and functional parameters of AI, emphasizing its capabilities to mimic human reasoning, learning, and task execution. Drawing parallels to historical technological shifts, it sets the stage for the profound changes AI brings. We then explore the fundamental distinction between job displacement—anxiety-inducing automation—and job transformation—opportunities for innovation and creativity. Through compelling statistics and predictions from authoritative sources like McKinsey and the World Economic Forum, the magnitude of AI’s influence becomes palpable. Next, the narrative zooms into specific industries profoundly affected by AI. It scrutinizes high-risk sectors such as administrative roles, highlighting the susceptibility of tasks like data entry to automation. Contrasted with this is the emergence of new roles in data analysis, blockchain technology, and AI specialization, which promise to reshape the employment landscape positively. The book does not shy away from addressing the inequities and disparities AI may exacerbate. It provides an incisive analysis of gender and geographic impacts, shedding light on how women and low-income countries face unique challenges. These sections thoughtfully consider nuanced aspects of how AI interacts with societal structures, urging for equitable solutions. Highlighting AI's potential to serve as a force multiplier in enhancing productivity, examples are presented from logistics optimization to autonomous negotiations, and manufacturing process improvements. These case studies showcase AI’s role in freeing humans from routine tasks to focus on more complex and rewarding activities, propelling businesses toward unprecedented efficiency and growth. Recognizing the necessity of proactive measures to manage the transition toward an AI-driven future, the book underscores the significance of upskilling and reskilling. Through inspiring company transformations and individual success stories, readers gain practical insights into adapting to new realities. Policies aimed at social support, redeployment, and rigorous training programs are advocated as crucial responses to potential job displacement. In its conclusion, the book balances a tone of cautious optimism. It acknowledges AI’s immense potential while prescribing vigilant and forward-thinking strategies to harmonize technological advancement with human-centric work values. The future outlook encourages readiness to continuously adapt, emphasizing the notion that AI evolution is an ongoing process set to redefine industries and job markets perpetually. "The Future of Work: How AI Will Transform Industries and Jobs" stands out for its unique perspective brought by an AI expert recognized as an MIT AI Innovator Under 35 Europe 2023. This work combines rigorous research with personal insights, offering a powerful, authoritative analysis necessary for anyone invested in understanding the future of the job market amid AI advancements.
Author: Nikoloz Gigineishvili
Publisher: International Monetary Fund
ISBN:
Category :
Languages : en
Pages : 74
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Book Description
Raising long-term growth and resilience and improving living standards and inclusion are the top economic policy priorities for countries in the Caucasus and Central Asia (CCA). The region responded strongly to the COVID shock, which unavoidably caused a contraction in output and an increase in poverty and inequality. While the region is at the crossroads between the West and the East as it is facing heightened uncertainty due to Russia's war in Ukraine and the rising risk of global fragmentation. Climate change is an additional challenge that could have a significant negative impact on CCA countries in the long term. These challenges, however, also offer an opportunity for the region to develop a new growth model that could strengthen long-term resilience, accelerate income convergence with more advanced country peers, and improve human development and social outcomes. The paper argues that a more market-based allocation of limited resources is needed to channel capital and labor to their most productive use. The private sector needs to become a key driver of economic activity while the state provides a competitive and market-friendly business environment, delivers essential public goods and services, addresses externalities and market failures, and mitigates systemic risks. The state also retains a critical role in mobilizing public support and resources for climate policies and protecting the vulnerable. Well-designed social safety nets play a key role in reducing poverty and inequality and are essential to the new economic growth model to support human capital development and alleviate the impact of structural reforms on the most vulnerable.
Author: Sheikh, Salim
Publisher: IGI Global
ISBN: 1799846083
Category : Computers
Languages : en
Pages : 284
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Book Description
The influence of AI is beginning to filter into every aspect of life, spanning across education, healthcare, business, and more. However, as its prevalence grows, challenges must be addressed including AI replication and even exacerbation of human bias and discrimination and the development of policies and laws that appropriately regulate AI. Stakeholders from all sectors of society need to collaborate on co-designing innovative, agile frameworks for governing AI that allow for its continued adoption while minimizing risk and reducing disruption. Understanding the Role of Artificial Intelligence and Its Future Social Impact is a pivotal reference source that provides vital research on the application of AI within contemporary society and comprehends the future effects of this technology within modern civilization. While highlighting topics such as cognitive computing, ethical issues, and robotics, this publication explores the possible consequences of AI adoption as well as its disruption within industries and emerging markets. This book is ideally designed for researchers, developers, strategists, managers, practitioners, executives, analysts, scientists, policymakers, academicians, and students seeking current research on the future of AI and its influence on the global culture and society.
Author: Rob Vos
Publisher: Bloomsbury Publishing
ISBN: 147258077X
Category : Political Science
Languages : en
Pages : 233
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Book Description
This book is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com. Continuation along current development pathways is not sustainable. Available technology and production practices and the consumption patterns of modern societies are leading to global warming and ecological destruction. Business as usual is not an option. There is an urgent need to find a new development paradigm that ensures environmental sustainability while managing to provide, now and in the future, a decent livelihood for all of humankind. In Technology and Innovation for Sustainable Development, experts in the area provide a variety of insights about the technical transformation needed for sustainable development. It spells out the behavioural and policy changes that would need to accompany the next technological transformation, taking into account the complexity of inducing technological change in the energy and agricultural sectors. The assessment suggests that this will require major, but doable improvements in national innovation systems and major, but affordable shifts in investment patterns and related macroeconomic adjustments.
Author: Derek Clements-Croome
Publisher: Emerald Group Publishing
ISBN: 1835498205
Category : Technology & Engineering
Languages : en
Pages : 372
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Book Description
Intelligent Buildings and Infrastructure with Sustainable and Social Values, Third edition is a comprehensive guide to the latest knowledge on the design, management, operation and technology of intelligent buildings and cities for sustainable developments that meet the needs of users now and in the future.
Author: Azzam Hannoon
Publisher: Springer Nature
ISBN: 3031735455
Category :
Languages : en
Pages : 1429
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Book Description
