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world of self-managing systems. The topic of this book is particularly relevant for business managers, business technology … Governance -- Chapter 4. Analysing the Real-World Landscape -- Chapter 5. The Automated Future -- Chapter 6. The BTRM as a …This book describes a conceptual management system derived from the Business and Technology Relationship Model (BTRM …
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We examine how the adoption of digital automation technology affects labor demand, operations and profitability in the … labor cost increased after the adoption of digital automation technology, attributable to increased labor demand and more … automation technology increased revenue and profit through a reduction in operational cost, improved utilization of warehouse …
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In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu … impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …
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The economic impact of Artificial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel … novel features it is shown that (i) AI automation can decrease the share of labor income no matter the size of the … demand and slow down GDP growth, even in the face of the positive technology shock that AI entails. If the elasticity of …
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The economic impact of Articial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel … novel features it is shown that (i) AI automation can decrease the share of labor income no matter the size of the … demand and slow down GDP growth, even in the face of the positive technology shock that AI entails. If the elasticity of …
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, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which … humans can be productively employed. Recent technological change has been biased towards automation, with insufficient focus … tendency is to develop AI in the direction of further automation, but this might mean missing out on the promise of the "right …
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