Showing 171 - 180 of 242,498
Persistent link: https://www.econbiz.de/10011290892
Persistent link: https://www.econbiz.de/10010496112
Persistent link: https://www.econbiz.de/10011991028
Will smart machines replace humans like the internal combustion engine replaced horses? If so, can putting people out of work, or at least out of good work, also put the economy out of business? Our model says yes. Under the right conditions, more supply produces, over time, less demand as the...
Persistent link: https://www.econbiz.de/10012457725
ever more complex tasks amenable to automation. The effects on wages depend on a race between automation and capital … accumulation. If automation proceeds sufficiently slowly, then there is always enough work for humans, and wages may rise forever …. By contrast, if the complexity of tasks that humans can perform is bounded and full automation is reached, then wages …
Persistent link: https://www.econbiz.de/10014512109
-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are … advances are unlikely to increase inequality as much as previous automation technologies because their impact is more equally …
Persistent link: https://www.econbiz.de/10014544765
Persistent link: https://www.econbiz.de/10013502303
Will smart machines do to humans what the internal combustion engine did to horses – make them obsolete? If so, can putting people out of work or, at least, good work leave them unable to buy what smart machines produce? Our model's answer is yes. Over time and under the right conditions,...
Persistent link: https://www.econbiz.de/10013028067
Purpose: A picking system is presented ensuring order fulfilment and enabling transformation from manual to automated picking using a continuous learning process. It is based on Machine Learning for object detection and realized by a human-robot collaboration to meet requirements for flexibility...
Persistent link: https://www.econbiz.de/10012388108
Purpose: The visual inspection of freight containers at depots is an essential part of the maintenance and repair process, which ensures that containers are in a suitable condition for loading and safe transport. Currently this process is done manually, which has certain disadvantages and...
Persistent link: https://www.econbiz.de/10012388137