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The [World Economic Forum 2016, https://www.weforum.org/events/world-economicforum- annual-meeting-2016. Accessed 5 Aug 2017] predicted that the world would face the Fourth Industrial Revolution which means innovative changes through convergence of cutting-edge information and communications...
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-ökonomischen Vorgehen, bei dem vier Branchen beispielhaft untersucht wurden: der Maschinenbau, der Fahrzeugbau, der Bankensektor und der …
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This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks. This enables the economy to experience long-run growth, as machines become servants of humans, and as their number can grow unboundedly. The mechanism that drives growth is...
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