The Economics of Artificial Intelligence

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226833127
Total Pages : 172 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis The Economics of Artificial Intelligence by : Ajay Agrawal

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2024-03-05 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Artificial Intelligence and the Labor Force

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Author :
Publisher :
ISBN 13 : 9781977412249
Total Pages : 0 pages
Book Rating : 4.4/5 (122 download)

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Book Synopsis Artificial Intelligence and the Labor Force by : Tobias Sytsma

Download or read book Artificial Intelligence and the Labor Force written by Tobias Sytsma and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid development of artificial intelligence (AI) has the potential to revolutionize the labor force with new generative AI tools that are projected to contribute trillions of dollars to the global economy by 2040. However, this opportunity comes with concerns about the impact of AI on workers and labor markets. As AI technology continues to evolve, there is a growing need for research to understand the technology's implications for workers, firms, and markets. This report addresses this pressing need by exploring the relationship between occupational exposure and AI-related technologies, wages, and employment. Using natural language processing (NLP) to identify semantic similarities between job task descriptions and U.S. technology patents awarded between 1976 and 2020, the authors evaluate occupational exposure to all technology patents in the United States, as well as to specific AI technologies, including machine learning, NLP, speech recognition, planning control, AI hardware, computer vision, and evolutionary computation. The authors' findings suggest that exposure to both general technology and AI technology patents is not uniform across occupational groups, over time, or across technology categories. They estimate that up to 15 percent of U.S. workers were highly exposed to AI technology patents by 2019 and find that the correlation between technology exposure and employment growth can depend on the routineness of the occupation. This report contributes to the growing literature on the labor market implications of AI and provides insights that can inform policy discussions around this emerging issue.

How AI is Shaping Tomorrow's Labor Market. The Impact of Artificial Intelligence on the Required Skills in the Labor Market

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3963569344
Total Pages : 63 pages
Book Rating : 4.9/5 (635 download)

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Book Synopsis How AI is Shaping Tomorrow's Labor Market. The Impact of Artificial Intelligence on the Required Skills in the Labor Market by : Marina Laukes

Download or read book How AI is Shaping Tomorrow's Labor Market. The Impact of Artificial Intelligence on the Required Skills in the Labor Market written by Marina Laukes and published by GRIN Verlag. This book was released on 2024-03-18 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2024 in the subject Economics - Job market economics, grade: 1,0, Ingolstadt University of Applied Sciences, language: English, abstract: The impact of technology on employment and consequently on skills is becoming increasingly apparent, particularly in the use of artificial intelligence. The aim of this bachelor thesis can therefore be divided into two research questions: On the one hand, the aim is to analyze what impact the use of artificial intelligence will have on the labor market. The second question is concerned with the impact artificial intelligence will have on the labor market in terms of the skills required. In order to provide a profound answer to the research questions, a wide range of literature was used, including books, research studies and use cases. Based on the research questions, the thesis addresses the worldwide AI-driven labor market, identifying both the displacement of human workers and the simultaneous opportunities for new occupations and economic growth. Moreover, a variety of necessary skills are highlighted that are essential for overcoming the dynamic challenges on the labor market posed by AI. Finally, the subsequent analysis of the financial sector and public administration serves to illustrate and clarify the relevance of these skills. Therefore, both knowledge of artificial intelligence and existing human skills are important. Depending on the occupation and task area, the focus of skills is either on the direct application of artificial intelligence or on developing an awareness and understanding of it. It also shows that a wide range of actors, including companies and educational institutions, have a key role to play in the process of adapting workers' skills.

The Work of the Future

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Author :
Publisher : MIT Press
ISBN 13 : 0262367742
Total Pages : 189 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis The Work of the Future by : David H. Autor

Download or read book The Work of the Future written by David H. Autor and published by MIT Press. This book was released on 2022-06-21 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the United States lags behind other industrialized countries in sharing the benefits of innovation with workers and how we can remedy the problem. The United States has too many low-quality, low-wage jobs. Every country has its share, but those in the United States are especially poorly paid and often without benefits. Meanwhile, overall productivity increases steadily and new technology has transformed large parts of the economy, enhancing the skills and paychecks of higher paid knowledge workers. What’s wrong with this picture? Why have so many workers benefited so little from decades of growth? The Work of the Future shows that technology is neither the problem nor the solution. We can build better jobs if we create institutions that leverage technological innovation and also support workers though long cycles of technological transformation. Building on findings from the multiyear MIT Task Force on the Work of the Future, the book argues that we must foster institutional innovations that complement technological change. Skills programs that emphasize work-based and hybrid learning (in person and online), for example, empower workers to become and remain productive in a continuously evolving workplace. Industries fueled by new technology that augments workers can supply good jobs, and federal investment in R&D can help make these industries worker-friendly. We must act to ensure that the labor market of the future offers benefits, opportunity, and a measure of economic security to all.

Anticipating and Preparing for Emerging Skills and Jobs

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Author :
Publisher : Springer Nature
ISBN 13 : 9811570183
Total Pages : 351 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Anticipating and Preparing for Emerging Skills and Jobs by : Brajesh Panth

Download or read book Anticipating and Preparing for Emerging Skills and Jobs written by Brajesh Panth and published by Springer Nature. This book was released on 2020-11-02 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyzes the main drivers that are influencing the dramatic evolution of work in Asia and the Pacific and identifies the implications for education and training in the region. It also assesses how education and training philosophies, curricula, and pedagogy can be reshaped to produce workers with the skills required to meet the emerging demands of the Fourth Industrial Revolution. The book’s 40 articles cover a wide range of topics and reflect the diverse perspectives of the eminent policy makers, practitioners, and researchers who authored them. To maximize its potential impact, this Springer-Asian Development Bank co-publication has been made available as open access.

A Hinge of History

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Author :
Publisher : Hoover Press
ISBN 13 : 0817924361
Total Pages : 255 pages
Book Rating : 4.8/5 (179 download)

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Book Synopsis A Hinge of History by : George P. Shultz

Download or read book A Hinge of History written by George P. Shultz and published by Hoover Press. This book was released on 2020-11-01 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is at an inflection point. Advancing technologies are creating new opportunities and challenges. Great demographic changes are occurring rapidly, with significant consequences. Governance everywhere is in disarray. A new world is emerging. These are some of the key insights to emerge from a series of interdisciplinary roundtables and global expert contributions hosted by the Hoover Institution. In these pages, George P. Shultz and James Timbie examine a range of issues shaping our present and future, region by region. Concrete proposals address migration, reversing the decline of K–12 education, updating the social safety net, maintaining economic productivity, protecting our democratic processes, improving national security, and more. Meeting these transformational challenges will require international cooperation, constructive engagement, and strong governance. The United States is well positioned to ride this wave of change—and lead other nations in doing the same.

The Future of Work

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815732945
Total Pages : 223 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Future of Work by : Darrell M. West

Download or read book The Future of Work written by Darrell M. West and published by Brookings Institution Press. This book was released on 2018-05-15 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Looking for ways to handle the transition to a digital economy Robots, artificial intelligence, and driverless cars are no longer things of the distant future. They are with us today and will become increasingly common in coming years, along with virtual reality and digital personal assistants. As these tools advance deeper into everyday use, they raise the question—how will they transform society, the economy, and politics? If companies need fewer workers due to automation and robotics, what happens to those who once held those jobs and don't have the skills for new jobs? And since many social benefits are delivered through jobs, how are people outside the workforce for a lengthy period of time going to earn a living and get health care and social benefits? Looking past today's headlines, political scientist and cultural observer Darrell M. West argues that society needs to rethink the concept of jobs, reconfigure the social contract, move toward a system of lifetime learning, and develop a new kind of politics that can deal with economic dislocations. With the U.S. governance system in shambles because of political polarization and hyper-partisanship, dealing creatively with the transition to a fully digital economy will vex political leaders and complicate the adoption of remedies that could ease the transition pain. It is imperative that we make major adjustments in how we think about work and the social contract in order to prevent society from spiraling out of control. This book presents a number of proposals to help people deal with the transition from an industrial to a digital economy. We must broaden the concept of employment to include volunteering and parenting and pay greater attention to the opportunities for leisure time. New forms of identity will be possible when the "job" no longer defines people's sense of personal meaning, and they engage in a broader range of activities. Workers will need help throughout their lifetimes to acquire new skills and develop new job capabilities. Political reforms will be necessary to reduce polarization and restore civility so there can be open and healthy debate about where responsibility lies for economic well-being. This book is an important contribution to a discussion about tomorrow—one that needs to take place today.

The Labor Market Impact of Artificial Intelligence: Evidence from US Regions

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis The Labor Market Impact of Artificial Intelligence: Evidence from US Regions by : Yueling Huang

Download or read book The Labor Market Impact of Artificial Intelligence: Evidence from US Regions written by Yueling Huang and published by International Monetary Fund. This book was released on 2024-09-13 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically investigates the impact of Artificial Intelligence (AI) on employment. Exploiting variation in AI adoption across US commuting zones using a shift-share approach, I find that during 2010-2021, commuting zones with higher AI adoption have experienced a stronger decline in the employment-to-population ratio. Moreover, this negative employment effect is primarily borne by the manufacturing and lowskill services sectors, middle-skill workers, non-STEM occupations, and individuals at the two ends of the age distribution. The adverse impact is also more pronounced on men than women.

Machine, Platform, Crowd: Harnessing Our Digital Future

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Publisher : W. W. Norton & Company
ISBN 13 : 0393254305
Total Pages : 320 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Machine, Platform, Crowd: Harnessing Our Digital Future by : Andrew McAfee

Download or read book Machine, Platform, Crowd: Harnessing Our Digital Future written by Andrew McAfee and published by W. W. Norton & Company. This book was released on 2017-06-27 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A clear and crisply written account of machine intelligence, big data and the sharing economy. But McAfee and Brynjolfsson also wisely acknowledge the limitations of their futurology and avoid over-simplification.” —Financial Times In The Second Machine Age, Andrew McAfee and Erik Brynjolfsson predicted some of the far-reaching effects of digital technologies on our lives and businesses. Now they’ve written a guide to help readers make the most of our collective future. Machine | Platform | Crowd outlines the opportunities and challenges inherent in the science fiction technologies that have come to life in recent years, like self-driving cars and 3D printers, online platforms for renting outfits and scheduling workouts, or crowd-sourced medical research and financial instruments.

The effects of AI on the working lives of women

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Author :
Publisher : UNESCO Publishing
ISBN 13 : 9231005138
Total Pages : 81 pages
Book Rating : 4.2/5 (31 download)

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Book Synopsis The effects of AI on the working lives of women by : Collett, Clementine

Download or read book The effects of AI on the working lives of women written by Collett, Clementine and published by UNESCO Publishing. This book was released on 2022-03-08 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development and use of Artificial Intelligence (AI) continue to expand opportunities for the achievement of the 17 United Nations Sustainable Development Goals (SDGs), including gender equality. Taking a closer look at the intersection of gender and technology, this collaboration between UNESCO, the Inter-American Development Bank (IDB) and the Organisation for Economic Co-operation and Development (OECD) examines the effects of AI on the working lives of women. This report describes the challenges and opportunities presented by the use of emerging technology such as AI from a gender perspective. The report highlights the need for more focus and research on the impacts of AI on women and the digital gender gap, in order to ensure that women are not left behind in the future of work.

Artificial Intelligence Influences Human Job Market and Economy Change

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Author :
Publisher :
ISBN 13 : 9781976915352
Total Pages : 128 pages
Book Rating : 4.9/5 (153 download)

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Book Synopsis Artificial Intelligence Influences Human Job Market and Economy Change by : Johnny Ch LOK

Download or read book Artificial Intelligence Influences Human Job Market and Economy Change written by Johnny Ch LOK and published by . This book was released on 2018-01-16 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concerns to be given my opinions to explain how artificial intelligent technology will impact our life and will influence economic development in the future as well as how to influence human job market change.In labor market part, I shall indicate how artificial intelligence technology influences future macro global economy change.Advances in artificial intelligence (AI) technology is for the progress in critical areas, such as health, education, energy, economy inclusion, social welfare and the environment. Thus, it brings this question: Which (AI) workers be instead of traditional human workers in these different new markets? In recent years, machines had been used to be human's tasks in the performance of certain tasks related to intelligence , such as aspects of image recognition. Experts also forecast that rapid progress in the field of specialized artificial intelligence will continue. Then, it also brings this question: Does (AI) exceed that of human performance on more and more tasks? If it is truth, will some of human jobs to be disappeared? (AI) will be instead of human some simple jobs, then unemployment rate to the low skillful and low educated workers will be increased. Whether (AI) will be raised either production or performance or unemployment to bring human job market more advantages or more disadvantages? In my this book, I shall explain whether (AI) will bring benefits or disadvantages to human job market. I shall give example to let my readers to think how to support my final view point.In macro economy change part, chapter one, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature as well as I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market.In chapter two, I shall indicate how (AI) will influence global economic technology productivity change as well as I shall indicate whether (AI) technology can impact global service management industry development.In chapter three, I shall indicate whether (AI) technology will influence digital industry economic change as well as I shall indicate whether (AI) technology can influence developing countries' economic change and health and manufacturing change , even global economic change in our future life. This book is suitable to any students who expect to make personal judgement and analysis to concern whether how (AI) technology will impact our life and it can influence global economic and job market change in our future.

Introduction to Computable General Equilibrium Models

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Publisher : Cambridge University Press
ISBN 13 : 1107132207
Total Pages : 443 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Introduction to Computable General Equilibrium Models by : Mary E. Burfisher

Download or read book Introduction to Computable General Equilibrium Models written by Mary E. Burfisher and published by Cambridge University Press. This book was released on 2016 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.

China 2049

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Publisher : Brookings Institution Press
ISBN 13 : 0815738064
Total Pages : 444 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis China 2049 by : David Dollar

Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.

Ageing and Pension Reform Around the World

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1845423372
Total Pages : 292 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis Ageing and Pension Reform Around the World by : Giuliano Bonoli

Download or read book Ageing and Pension Reform Around the World written by Giuliano Bonoli and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an admirable example of a multi-authored comparative book. The two editors set the scene very carefully in the opening chapter and the subsequent chapters follow the framework set out and use the concepts explored there. In this never simple policy area, national systems are explained as clearly as possible by each author. Michael Hill, Journal of Social Policy This is an enlightening introduction to the global dimensions and complexity of pension reform. Recommended. J.F. O Connell, Choice Population ageing and the resulting pressures on existing pension systems constitutes one of the most important challenges modern societies will have to face over the coming decades. Although governments have responded to such pressures by adopting a plethora of pension reforms, the adaptation process is far from over. This book comprehensively documents developments in pension policy in eleven advanced industrial countries in Western Europe, East Asia and North America. In order to explore what population ageing means for the sustainability of pension systems, the authors present a detailed review of pension policy making over the past two decades and provide up-to-date analysis of current pension legislation. They examine the factors that can facilitate or impede the adaptation of pension systems and the features that shape and determine reforms. They also highlight the fact that although the path of reform taken by each country is somewhat different, the processes at work are often very similar. Ageing populations throughout the world are extremely reluctant to see their pension systems dismantled and are therefore prepared to mobilise in their defence. This process of mobilisation interacts with demographic pressures and institutional constraints to help determine the future direction of pension policy. The breadth of geographic coverage provides an almost global picture of the impact of ageing on pension reform, at least in terms of high income countries. Academics and students with an interest in economics, social policy, sociology and political science will find this a worthwhile and rewarding volume. It will also be of value to policymakers interested in how the problem of unsustainable pension systems can be resolved.

Information Technology and the U.S. Workforce

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Author :
Publisher : National Academies Press
ISBN 13 : 0309454050
Total Pages : 199 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Information Technology and the U.S. Workforce by : National Academies of Sciences, Engineering, and Medicine

Download or read book Information Technology and the U.S. Workforce written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-18 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent years have yielded significant advances in computing and communication technologies, with profound impacts on society. Technology is transforming the way we work, play, and interact with others. From these technological capabilities, new industries, organizational forms, and business models are emerging. Technological advances can create enormous economic and other benefits, but can also lead to significant changes for workers. IT and automation can change the way work is conducted, by augmenting or replacing workers in specific tasks. This can shift the demand for some types of human labor, eliminating some jobs and creating new ones. Information Technology and the U.S. Workforce explores the interactions between technological, economic, and societal trends and identifies possible near-term developments for work. This report emphasizes the need to understand and track these trends and develop strategies to inform, prepare for, and respond to changes in the labor market. It offers evaluations of what is known, notes open questions to be addressed, and identifies promising research pathways moving forward.

Education and Technological Unemployment

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Author :
Publisher : Springer
ISBN 13 : 9811362254
Total Pages : 354 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Education and Technological Unemployment by : Michael A. Peters

Download or read book Education and Technological Unemployment written by Michael A. Peters and published by Springer. This book was released on 2019-04-29 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the challenge of accelerating automation, and argues that countering and adapting to this challenge requires new methodological, philosophical, scientific, sociological, economic, ethical, and political perspectives that fundamentally rethink the categories of work and education. What is required is political will and social vision to respond to the question: What is the role of education in a digital age characterized by potential mass technological unemployment? Today’s technologies are beginning to cost more jobs than they create – and this trend will continue. There have been many proposed solutions to this problem, and they invariably involve an educational vision. Yet, in a world that simply doesn’t offer enough work for everyone, education is clearly not a panacea for technological unemployment. This collection presents responses to this question from a wide spectrum of disciplines, including but not limited to education studies, philosophy, history, politics, sociology, psychology, and economics.

Knowledge Management in Organizations

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Author :
Publisher : Springer Nature
ISBN 13 : 3030816354
Total Pages : 470 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Knowledge Management in Organizations by : Lorna Uden

Download or read book Knowledge Management in Organizations written by Lorna Uden and published by Springer Nature. This book was released on 2021-07-17 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the refereed proceedings of the 15th International Conference on Knowledge Management in Organizations, KMO 2021, held in Kaohsiung, Taiwan, in July 2021. The 28 full papers and 9 short papers accepted for KMO 2021 were selected from 86 submissions and are organized in topical sections on: knowledge management models and analysis; knowledge transfer and learning; knowledge and service innovation; knowledge and organization; information systems and information science; privacy and security; intelligent science and data mining; AI and new trends in IT.