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This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
This book takes a pragmatic and hype-free approach to explaining artificial intelligence and how it can be utilised by businesses today. At the core of the book is a framework, developed by the author, which describes in non-technical language the eight core capabilities of Artificial...
Persistent link: https://www.econbiz.de/10012397728
) structural reform, automation, improving rules and procedures (including for fiscal and monetary policies) to limit the …
Persistent link: https://www.econbiz.de/10012604784
Many studies predict massive job losses and real wage decline as a result of the ongoing widespread automation of … production, a trend that may be further aggravated by the COVID-19 crisis. Yet automation is also expected to raise productivity … and output. How can we share the gains from automation more widely, for the benefit of all? And what are the attendant …
Persistent link: https://www.econbiz.de/10012605629
Das Zukunftsprojekt "Industrie 4.0", das ein zentrales Element der Hightech-Strategie der Bundesregierung darstellt, zielt auf die Informatisierung der klassischen Industrien, wie z. B. der industriellen Produktion. Auf dem Weg zum Internet der Dinge soll durch die Verschmelzung der virtuellen...
Persistent link: https://www.econbiz.de/10013189783
Persistent link: https://www.econbiz.de/10012487290
automation in business means human labor will no longer be needed, the author argues that organizations will re-purpose humans … into different roles under the banner of automation, not simply get rid of them. He also identifies parts of business that … are best targeted for automation. This book will arm business people with the tools needed to automate companies, making …
Persistent link: https://www.econbiz.de/10012396094
average, perform more routine tasks than men?tasks that are more prone to automation. To quantify the impact on jobs, we … relate data on task composition at work to occupation level estimates of probability of automation, controlling for a rich … workers are at a significantly higher risk for displacement by automation than male workers, with 11 percent of the female …
Persistent link: https://www.econbiz.de/10012021777
This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies...
Persistent link: https://www.econbiz.de/10011932374
automation, especially in emerging markets. We find that negative perceptions about automation are prevalent among workers who … over automation are positively viewed by workers with higher levels of job satisfaction, higher educational attainment, and … from countries with stronger labor protection. Workers with positive perceptions of automation also tend to respond that re …
Persistent link: https://www.econbiz.de/10012155109