How Artificial Intelligence Influences Consumer And Labour Market Change

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ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.6/5 (988 download)

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Book Synopsis How Artificial Intelligence Influences Consumer And Labour Market Change by : Johnny Ch Lok

Download or read book How Artificial Intelligence Influences Consumer And Labour Market Change written by Johnny Ch Lok and published by . This book was released on 2020-10-17 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: (AI) big data gather tool will encounter the challenge: How can predict customer behavior be represented as sequential data describing the interactions of the customer with a company or an (AI) data gather system through the time, e.g. these interactions are items that the customer purchase or views ? So, every customer data gather, (AI) needs to spend time to analyze how and why to cause whose consumption behavioral choice. It is too difficult matter or judgement for (AI) learning. So, (AI) needs to spend time to learn how to analyze every customer's shopping behavior or actin in order to gather all different consumers' past shopping action information in order to help business owners to predict future its potential customer shopping behavior how to change more clear and accurate prediction. (AI) big data gather tool needs to learn to know that how to judge every customer interaction likes purchases over time can be represented with sequential data. Sequential data has the main property that the order of the information is important. Many (AI) machine learning models are not suited for sequential data, as they consider each input sample independent from previous ones. Therefore, at the end of the sequence, (AI) big data gather learn machines need to keep in their internal state of every customer purchase data, kind of product or service, price, whole year consumption times form all previous inputs, making them suitable for this type of data.However, consumer behavior can be represented as sequential data describing the interactions through the time. Examples of these interactions are the items that the user purchases or views. Therefore, the history of interactions can be modeled as sequential data, which has the particular trial that an incorporate a temporal aspect. For example, if a user buys a new mobile phone, who might purchase accessories for this mobile phone in the near future or it the user buys a electronic book or paper book, he might be interested in books by the same author. Therefore, to make accurate predictions is important to model this temporal aspect correctly. To solve this predictive challenge of consumers to buy the product. One count the number of purchased products of a particular category in the last N days, or the number of days since the last purchase.So, the (AI) big data gather designers can attempt to produce a feature vector which can be fed into a machine learning algorithm such as " logistic regression" will be the main feature and function to any (AI) big data gather machine to learn how to apply this " logistic regression" function or feature to predict any customer behavioral change for any product purchase or service consumption to the (AI) predictive consumer behavioral business users. Every different kinds of product purchases or services consumption will be needed to design " different model of logistic regression" in order to follow the kind of business to predict whose consumer purchase or service consumption behavior to predict more accurate.

How Artificial Intelligence Influences Consumer And Labor Market

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Publisher : Independently Published
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.6/5 (798 download)

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Book Synopsis How Artificial Intelligence Influences Consumer And Labor Market by : Johnny Ch Lok

Download or read book How Artificial Intelligence Influences Consumer And Labor Market written by Johnny Ch Lok and published by Independently Published. This book was released on 2020-08-27 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: What occupations will be influenced by (AI) technology.In the future, scientists predict that these occupations will be influenced by (AI) technology mostly. They include: retail salespeople, food and beverage service workers, language or translation teachers, health practitioners. Since these work activities have a more relevant occupations are made up of a range of activities with different potential for (AI) automation . For example, a retail salesperson will spend more time interacting with customers, stocking shelves, or ringing up sales. Each of these activities is distinct and requires different capabilities to perform successfully.Thus, these job activities have similar simple control characteristics. Simple activities include greet customers, answer questions about products and services, clean and maintain work areas, demonstrate product feature process sales and transactions. All these activities can have similar simple activities in order to (AI) machines can be learn how to do these activities from (AI) technology . For example, the capability perception includes sensory perception, cognitive capabilities, such as retrieving automation, recognizing known patterns( supervised learning), logical reasoning problem solving. Thus, (AI) machine is such human, which has feeling and emotion, such as social and emotional sensing, judgement reasoning methods, natural language understanding and physical capabilities, such as mobility, navigation, gross motor skill, fine motor skills. It seems that the future, (AI) human invents machines which will have these human characteristics to do human similar behavioral job duties more easily and efficiently. It implies these above human occupations will be replaced by (AI) human invention machines in the future. Due to (AI) creation, it is possible to cause unemployment number of these above workers will increase because (AI) machines can do their similar job behavioral activities.Consequently, employers won't need to employ many of these skillful labor. Otherwise, they can buy less number (AI) machines to attempt to do whose job activities more easily and efficiently. So, it seems (AI) machines will have more high work performance to replace these occupation workers' work performance. Finally, these occupation worker unemployment number will only increase when the (AI) machines had been invented to achieve to do their work behavioral activities absolutely success in the future.How can apply (AI) digital channel to predict consumer behaviors?(AI) digital channel can be applied to help businesses to evaluate whether how much the product price is the most attractive to persuade consumers feel it is the most reasonable price to sell. It helps consumers to feel which brands of products which ought change the price to let consumers to choose to buy the brand of product. It can be applied to predict whether how many consumer numbers can be increased or decreased when the brand of product's price is variable. It aims to give opinions to help any brand of product manufacturers or sellers to judge whether which price is the most reasonable to let consumers to accept to choose to buy the brand of product in popular.Thus, (AI) price measurement technology can be preference to be applied online communication ecommerce and mobile phone internet platform aspect. As businesses can enter their past products prices data and past customer number data into computer or mobile. Then, (AI) price measurement technology can gather these data to analyze these product prices and past customer number to compare their prices variable changing range level to find their price variable difference to measure to make conclusion about every product's price variable changing will influence how many customer number increase or decrease changing to choose to sell their different kinds of products more accurate.

The Economics of Artificial Intelligence

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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.

Robot How Any Why Influences Global Future Labor and Consumer Both Markets Change

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Publisher :
ISBN 13 :
Total Pages : 170 pages
Book Rating : 4.5/5 (693 download)

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Book Synopsis Robot How Any Why Influences Global Future Labor and Consumer Both Markets Change by : Johnny Ch Lok

Download or read book Robot How Any Why Influences Global Future Labor and Consumer Both Markets Change written by Johnny Ch Lok and published by . This book was released on 2020-11-22 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: -Can (AI) impact human job nature?Human need concern this question: Will artificial intelligence (AI) reduce some human jobs in order to instead of replacing machines to do? Due to artificial intelligence is the ability of machines to do thing, that people would require intelligence. For example, artificial intelligence machine man driving( self-driver), it (AI) machine man driving research is an attempt to discover and describe aspects of human intelligence that can be simulated by driving machine functions. Alternatively, (AI) mathematical research may be another viewed as an attempt to develop a mathematical theory function to describe the abilities and actions of things ( natural or man-made) exhibiting intelligent behavior and server as a design of intelligent calculation machine function.Why do humans need artificial intelligence machines to instead of traditional human service job? For example, can artificial intelligence machine man (self-driving) driver drive to replace human driver? I shall compare the differences between humans and computers: The characteristics of humans are good at recognizing various things, either seen before or not, recognizing the relationship patterns between things. Human thinking is common sense reasoning, combining all types of sensory input, acting appropriately in novel situations, learning new things and changing behavior patterns, making decisions, even when given incomplete information, working with noisy, incomplete information gathering behaviors . However, characteristics of computers are good at: The tasks humans do naturally are extremely difficult for a computer program as intelligent, which must be able to do the same kind of tack as humans do naturally.Hence, (AI) is an combination of many different success and technologies: Linguistics - computational and socio, philosophy-logic, philosophy of mind and of language, electronical engineering -image and speech processing, pattern recognition, robotics, machine learning, neural networks, optimization scheduling, management information system and decision making. So, it is possible that (AI) can impact human job nature to instead of human working behavior in the future.How can (AI) influence labor market?-How can human society job nature to be changed to artificial intelligent society? From the first intelligent perspective reason view point, artificial intelligence is making machines " intelligent" acting as humans expect people to act. Artificial intelligence has ability to distinguish computer responses from human responses, it owns knowledge to solve expert problem. From another research perspective reason view point, artificial intelligence is the study of how to make computers do things which, at the moment, people do better ( Rich & Knight, 1991, p.3).(AI) researchers are native in a variety of domains, e.g. formal tasks ( mathematics, games), tasks ( perception, robotics, natural language, common sense reasoning), expert tasks ( financial analysis, medical diagnostics, engineering, scientific analysis and other areas). From the second business perspective reason view point, (AI) is a set of many powerful tools, and methodologies for using those tools to solve business problems. From a programming perspective reason view point, (AI) includes the study of symbolic programming problem solving and search . From the third human technological perspective reason view point, today's computer can do many well-defined tasks, for example, arithmetic operations, are much faster and more accurate than human beings. However, the computers' interaction with their environment is not very sophisticated yet. How can human test whether a computer has reached the general intelligence level of a human being?

Artificial Intelligence Influences Human Job Market

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Publisher :
ISBN 13 : 9781980713784
Total Pages : 128 pages
Book Rating : 4.7/5 (137 download)

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

Download or read book Artificial Intelligence Influences Human Job Market written by Johnny Ch LOK and published by . This book was released on 2018-04 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part One Labor market changeChapter One (AI) -driven automation industry development1.1 (AI) - driven automation industry development how to influence work nature change (AI) -driven automation industry will create wealth and expand economy growth to any countries, but it will be accompanied by changed in the skills that workers need to learn. One of main ways that technology increases productivity is by decreasing the number of labor hours needed to create a unit of output. It implies (AI) technology will influence low educated and low skillful labor number to be decreased ( reduction employment number). In contrast, technological change tended to work in a different direction throughout the nowadays. The advance of computer and the internet raised the relative productivity of higher skilled workers. So, routine-intensive occupations that focused on predictable tasks disappearance, such as switch board, operators, filming checkers, travel agents and assembling line workers etc. were particularly replaced by new technologies. However, today, it may be challenging to predict exactly which jobs will be most immediately affected by (AI) driven-automation. The reason is because (AI) is not a single technology, but rather a collection of technologies that are felt unevenly through the economy to influence job changing both negatively and positively. In positively view point, (AI) driven-automation will make many workers more productive and increase demand for certain skills. Consequently, new jobs are likely to be directly create in areas , such as the development and supervision of (AI) as well as indirectly created in a range of areas throughout the economy as higher incomes lead to expanded demand. Otherwise, in negatively view point, many traditional human needed ( demand) skillful jobs will be threatened by automation are highly concentrated among lower-paid, lower-skilled and less -educated workers. It means automation will cause pressure on demand for this group, pressure and employment, if (AI) can replace the low skilled and less educated workers' jobs. Thus, (AI) will have negative influence to impact on the labor market.

Robots Future Good And Bad Development

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Publisher :
ISBN 13 : 9789357902793
Total Pages : 0 pages
Book Rating : 4.9/5 (27 download)

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Book Synopsis Robots Future Good And Bad Development by : John Lok

Download or read book Robots Future Good And Bad Development written by John Lok and published by . This book was released on 2023-07-29 with total page 0 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. Part four concerns how to apply AI technological development to tourism industry. It has these two research questions need to be answered? (1) Can apply (AI) learning machine predict travelling consumer behavior? (2) Can (AI) big data gathering learning machine be replaced to human travelling marketing research method, e.g. survey or traveler psychological and travelling marketing research or travelling environment micro and macro economic human judgement of traveler consumption behavior prediction methods to predict travelling consumer behaviors more accurate?

How Artificial Intelligence Influences Future Human Job Market Change

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.7/5 (36 download)

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Book Synopsis How Artificial Intelligence Influences Future Human Job Market Change by : Johnny Ch Lok

Download or read book How Artificial Intelligence Influences Future Human Job Market Change written by Johnny Ch Lok and published by . This book was released on 2021-04-10 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can (AI) influence labor market?⦁How can human society job nature to be changed to artificial intelligent society? From the first intelligent perspective reason view point, artificial intelligence is making machines " intelligent" acting as humans expect people to act. Artificial intelligence has ability to distinguish computer responses from human responses, it owns knowledge to solve expert problem. From another research perspective reason view point, artificial intelligence is the study of how to make computers do things which, at the moment, people do better ( Rich & Knight, 1991, p.3).(AI) researchers are native in a variety of domains, e.g. formal tasks ( mathematics, games), tasks ( perception, robotics, natural language, common sense reasoning), expert tasks ( financial analysis, medical diagnostics, engineering, scientific analysis and other areas). From the second business perspective reason view point, (AI) is a set of many powerful tools, and methodologies for using those tools to solve business problems. From a programming perspective reason view point, (AI) includes the study of symbolic programming problem solving and search . From the third human technological perspective reason view point, today's computer can do many well-defined tasks, for example, arithmetic operations, are much faster and more accurate than human beings. However, the computers' interaction with their environment is not very sophisticated yet. How can human test whether a computer has reached the general intelligence level of a human being? Can a computer convince a human interrogator that it is a human? But before thinking of such advanced kinds of machines, human will start developing our own extremely simple " intelligent" machines. So, it is possible that human society job nature will to be changed to artificial intelligent society when (AI) technology is developed to the mature stage in the future.⦁Why does human need artificial intelligence machines?One of major division in (AI) is between humans who think (AI) is the only serious way of finding out how we ( human) work and human who want companies to do very smart things, independently of how we ( human) work. This is the important distinction between cognitive scientists vs engineers. One of another major division in (AI) is between symbolic (AI), which represents information through symbols and their relationships. Specific Algorithms are used to process these symbols to solve problems or deduce new knowledge and connectionist. So ( AI), which represents information in network. Biological processes underlying learning, task performance and problem solving are imitated from human mind behaviors. Thus, it is possible that artificial intelligence machines can do the better judgicious behavior to compare human.⦁How does artificial intelligence influence future working changing in automation employment and productivity aspects?In the automation changing influence aspect, as companies increasingly use robots on production lines or algorithms to optimize their logistics manage inventory, any carry out other core business functions. Technological advances are creating a new automation age in which ever-smarter and more flexible machines will be deployed on an ever larger scale in the marketplace. However, researching artificial intelligence with how influences human working nature. We need to answer these questions: How will automation transform the workplace? What will the implications for employment? And what is likely to be its impact both on productivity in the global economy and on employment?

Artificial Intelligence Development Stage

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Publisher :
ISBN 13 : 9781980788775
Total Pages : 366 pages
Book Rating : 4.7/5 (887 download)

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Book Synopsis Artificial Intelligence Development Stage by : Johnny Ch LOK

Download or read book Artificial Intelligence Development Stage written by Johnny Ch LOK and published by . This book was released on 2018-04-09 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is future (AI) artificial intelligent products development trend? How to predict consumer behaviors to persuade who to feel (AI) products are more satisfactory to their needs? Why do consumers feel them to need to buy any (AI) products to use? Will it have other similar products to replace (AI) any products? In this book, I shall give actual data to predict what the future (AI) products development trend is. Giving my opinions to predict how (AI) consumers' choices are more absolutely. In the (AI) past first stage, I shall concern travel, education, transportation, financial , hospital, administrative service etc. different job natures to indicate how to apply (AI) products to assist these industries more beneficial. In the (AI) nowadays second stage, I shall concentrate on how (AI) developing on education aspect. In the (AI) future third stage, I shall explain why (AI) will have possible to invent (AI) brain technology, even it will bring (AI) war occurence in possible.In the first (AI) stage, it 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 (AI) labor market stage, 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. What is future (AI) artificial intelligent products development trend? How to predict consumer behaviors to persuade who to feel (AI) products are more satisfactory to their needs? Why do consumers feel them to need to buy any (AI) products to use? Will it have other similar products to replace (AI) any products? In (AI) second stage, I shall indicate how (AI) is developed on education aspect, artificial intelligent technology and online technology and online book stores are high technological intelligent product. Hence, human ourselves will have possible to cause artificial intelligent machine men to own human's mind to learn how to read books and/or write books abilities. When artificial intelligent machine men can learn how to read books and/or write books. Consequently, it means that artificial intelligent machine men can own human mind to do any jobs. In (AI) second stage, I shall assume when artificial intelligent machine men can learn how to write books and/or read books. Then, they will have human's mind ability in possible. Can future artificial intelligent machine men be invented to learn how to write books and/or read books ability? In my this book, I shall attempt to answer this question. Finally, I hope my readers can attempt to make judgement whether artificial intelligent machine men can really learn how to write and/or books.

Artificial Intelligence How Influences Consumer Behaviors

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Publisher :
ISBN 13 :
Total Pages : 301 pages
Book Rating : 4.6/5 (358 download)

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Book Synopsis Artificial Intelligence How Influences Consumer Behaviors by : Johnny Ch LOK

Download or read book Artificial Intelligence How Influences Consumer Behaviors written by Johnny Ch LOK and published by . This book was released on 2020-04-10 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: As choice increases, loyalty becomes more difficult familiarity and the consumer becomes more empowered. Businesses will have no choice and constantly innovate and disrupt themselves by meeting new technologies of high standards and expectations of consumers. So, (AI) data gather tool will need to follow different target group of consumers' needs to follow their different kinds of product design or style choice preferable to gather data in order to conclude the different target groups of consumer behavior to give opinion more clear and accurate to let businessmen to understand more clear how its customers' behavioral choice trend in the future half month, even to two years period.Secondly, businessmen need to adopt changing technologies rapidly. Technology will be the key driver of this retail industry. Industry participants will only success if they have a clear prediction to focus on how to using technology to increase the value added to consumers. They must , however, do so will I realistic assessment of their costs and benefits. Hence, (AI) big data gather technological tools will need to design to help them to gather data efficiently by these ways, such as the internet of things ( IOT), artificial intelligence (AI) machine learning, augmented reality (AR)/virtual reality (VR), digital traceability. So, future (AI) big data gather tool are predicted to be most influential customer behavioral positive emotion changing tool for retail , due to their widespread applications , ability to drive efficiencies and impact on labor in order to impact consumer behavior changing effort from negative emotion to positive.Thirdly, (AI) big data gather tool is an advanced data science of consumer behavior predictive tool. Businesses will have to bring the journey from simply collecting consumer data to using it to scale and systematize enhanced decision making across the entire value chain. When focused on their business goals, industry players should not lose sight of the impact that future capabilities and transformative business models may have on society.

Artificial Intelligence along the Customer Journey

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Publisher : Springer Nature
ISBN 13 : 3031487923
Total Pages : 132 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis Artificial Intelligence along the Customer Journey by : Ada Maria Barone

Download or read book Artificial Intelligence along the Customer Journey written by Ada Maria Barone and published by Springer Nature. This book was released on 2023-12-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of several AI solutions has revolutionized the way in which consumers behave. Serving as a guide to the role that AI plays on different aspects of consumers’ life, this book provides a comprehensive understanding of the main artificial intelligence (AI) solutions available in the market. In particular, the authors adopt a customer experience approach to investigate how different AI technologies play a role at different stages of the customer journey (e.g., from pre-purchase to post-purchase decisions). Covering a range of technologies, such as augmented reality, voice assistants, chatbots and robots, readers will be able to learn which strategies and AI solutions are more effective at different stages of the customer journey.

How Artificial Intelligence Influences Labor Market Changes

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Publisher :
ISBN 13 : 9781652564539
Total Pages : 128 pages
Book Rating : 4.5/5 (645 download)

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Book Synopsis How Artificial Intelligence Influences Labor Market Changes by : Johnny Ch Lok

Download or read book How Artificial Intelligence Influences Labor Market Changes written by Johnny Ch Lok and published by . This book was released on 2019-12-29 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: However, to answer the question: Whether (AI) technology machine labor will replace human worker more or assist human worker more. I shall indicate some examples to let readers to judge whether (AI) technology can create new jobs or reduce old jobs.Firstly, I shall explain what (AI) function is. (AI) is a service robot that performs useful tasks for humans or equipment excluding industrial automation application . Thus, the classification of a robot into industrial robot or service robot is done according to its intended application. It is also a personal service robot or a service robot for personal used for a non commercial task, usually by lay persons . Examples are domestic servant robot, and pet exercising robot. It is also a professional service robot or a service robot for professional used for a commercial task, usually operated by a properly trained operator. Examples, are cleaning robot for public places, delivery robot in offices or hospitals, fire-fighting robot, rehabilitation robot and surgery robot in hospitals. Thus, these functions will be future (AI) application to our daily life necessaries or business necessaries.However, some authors agree (AI) will bring negative outcomes of automation, due to raise competiveness, reduce human job nature. Otherwise, other authors argue (AI) will bring positive outcomes of automation, due to raise productivities, job creation, assist humans work. On the positive outcome hand, robots can increase productivity . This is particularly important for small-to medium sized businesses both are in developed and developing countries economies. It also enables large companies to increase their competitiveness through faster product development and delivery. Increased use of robot is also enabling companies in high cost countries to re shore, or bring back to their domestic base parts of the supply chain that will have previously outsourced to sources of cheaper labor. Currently, the greater threat to employment is not a automation, but an inability to remain competitive. Automation has led overall to an increase in labor demand and positive impact on wages. The reason is that the middle-income/middle-skilled jobs have reduced as a proportion of overall contribution to employment and earnings leading to fears of increasing income inequality, the skills range within the middle income bracket is large. Thus, robots are driving an increase in demand for workers at the higher -skilled and with a positive impact on wages. This issue is how to enable middle-income earners in the lower-income range to unskilled or retain. Finally, the (AI) positive impact supporter who argue the future will be robots and humans can work together. However, on the negative outcome hand, robots can substitute labor activities, but don't replace jobs. They believe that less than 10% of jobs are fully automatable. Increasingly, robots are used to complement and augment labor activities, the net impact on jobs and the quality of work is positive. Automation can provide the opportunity for humans to focus on higher-skilled, higher-quality and higher-paid tasks. Robots can improve productivity when they are applied to tasks that which perform more efficiently and to a higher and more consistent level of quality than humans. For example, increased productivity is enabling some firms, such as Whirlpool, Caterpillar and Ford Motors company in the US restructure their supply chains, bringing back parts of the manufacturing process to the country of origin. Thus, productivity gains due to robotics and automation are important not just at the company level, but also for build industry and nation competitiveness.

Artificial Intelligence Impacts Human Job Market Change Future Effect

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Publisher :
ISBN 13 : 9781693270260
Total Pages : 40 pages
Book Rating : 4.2/5 (72 download)

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Book Synopsis Artificial Intelligence Impacts Human Job Market Change Future Effect by : Johnny Ch Lok

Download or read book Artificial Intelligence Impacts Human Job Market Change Future Effect written by Johnny Ch Lok and published by . This book was released on 2019-09-15 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: How (AI) influences organizational change Consequently creative and social intelligence will be in even greater demand as (AI) makes in management and the workforce. This development will represent a long term trend in labor markets, one characterized by intensifying demand and reward for social skills with a growing desire for creative capabilities, managers will seek to fashion of ideas and hypotheses from inside and outside of the enterprise to shape solutions to their most pressing business problems. Thus, (AI) will influence overall organizational team members who have chance to participate any decision to make more accurate business judgment. Many managers mistakenly view judgment work as only an individual discipline, failing to appreciate that it can also involve decide interpersonal and organizational practices. In more complex settings, judgment is typically a collective outcome of individuals' and teams' diverse perspectives, insights and experiences. And often, the resulting choices are better informed than decisions that an individual would have arrived at on his or her own.Thus, when any organizations apply (AI) technology to assist managers to gather data and ideas to make any judgment. In these cases, organizations can create the conditions for effective collective judgment by establishing structures, such as " shadow advisory boards" that prompt managers and employees to source and synthesize multiple perspectives. Thus, a traditional organization (firm) might freshen its thinking is t put together a shadow advisory board, comprised of young, digital people who can apply (AI) machine assistance to make judgment work more accurate whether related to people development, problem-solving or strategizing and innovating for considerable degrees of creative and social intelligence.Thus, on the one hand, (AI) technology machine augmentation and automation can give these advantages to human (organization managers), e.g. developing people and community, solving problems and collaborating, coordinating and controlling work, shaping strategy and leading innovation. Besides, on the other hand, the next generation managers need have these individual attitude to treat intelligent machines to be as colleagues. When, judgment is a human skill, intelligent machines can accelerate human learning that supports it, assisting in data -driven simulations, scenarios and search and discovery activities. Focuses on judgment work, some decisions require insight beyond what data can tell them. This is the sweet sport for human judgment, the application of experience and expertise to critical business decisions and practices. Thus, managers will also need to find ways to learn how to use digital (AI) technologies to tap into the knowledge and judgment of partners, customer external stakeholders and role models in other industries after the (AI) machine had been implemented to the organization.

Artificial Intelligence

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Publisher : HBR Insights
ISBN 13 : 9781633697898
Total Pages : 160 pages
Book Rating : 4.6/5 (978 download)

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Book Synopsis Artificial Intelligence by : Harvard Business Review

Download or read book Artificial Intelligence written by Harvard Business Review and published by HBR Insights. This book was released on 2019 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business.

AI Impacts in Digital Consumer Behavior

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Author :
Publisher : IGI Global
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis AI Impacts in Digital Consumer Behavior by : Musiolik, Thomas Heinrich

Download or read book AI Impacts in Digital Consumer Behavior written by Musiolik, Thomas Heinrich and published by IGI Global. This book was released on 2024-03-04 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ever-evolving landscape of digital innovation, businesses grapple with the challenge of deciphering dynamic consumer behavior. AI Impacts in Digital Consumer Behavior is a pioneering exploration tailored for academic scholars seeking insights into the profound influence of artificial intelligence on consumer dynamics. As businesses strive to harness the potential of data, this book serves as a beacon, offering a comprehensive understanding of the intricacies involved in tracking, analyzing, and predicting shifts in consumer preferences. This groundbreaking work not only identifies the complexities posed by the rapidly changing digital landscape but also presents a solution-oriented approach. It unveils a theoretical framework and the latest empirical research, providing scholars with a toolkit of concepts, theories, and analytical techniques. With a multidisciplinary focus on behavioral analysis, the book equips academic minds with the knowledge to navigate the challenges of the digital age. Furthermore, it addresses the ethical dimensions and ethic considerations associated with the accelerating pace of consumer behavior analysis, shedding light on the responsible use of AI technologies.

Artificial Intelligence Brings Advantages Or Disadvantages To

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Author :
Publisher : Independently Published
ISBN 13 : 9781096645313
Total Pages : 44 pages
Book Rating : 4.6/5 (453 download)

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Book Synopsis Artificial Intelligence Brings Advantages Or Disadvantages To by : Johnny Ch Lok

Download or read book Artificial Intelligence Brings Advantages Or Disadvantages To written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-02 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: How (AI) influences organizational change Consequently creative and social intelligence will be in even greater demand as (AI) makes in management and the workforce. This development will represent a long term trend in labor markets, one characterized by intensifying demand and reward for social skills with a growing desire for creative capabilities, managers will seek to fashion of ideas and hypotheses from inside and outside of the enterprise to shape solutions to their most pressing business problems. Thus, (AI) will influence overall organizational team members who have chance to participate any decision to make more accurate business judgment. Many managers mistakenly view judgment work as only an individual discipline, failing to appreciate that it can also involve decide interpersonal and organizational practices. In more complex settings, judgment is typically a collective outcome of individuals' and teams' diverse perspectives, insights and experiences. And often, the resulting choices are better informed than decisions that an individual would have arrived at on his or her own.Thus, when any organizations apply (AI) technology to assist managers to gather data and ideas to make any judgment. In these cases, organizations can create the conditions for effective collective judgment by establishing structures, such as " shadow advisory boards" that prompt managers and employees to source and synthesize multiple perspectives. Thus, a traditional organization (firm) might freshen its thinking is t put together a shadow advisory board, comprised of young, digital people who can apply (AI) machine assistance to make judgment work more accurate whether related to people development, problem-solving or strategizing and innovating for considerable degrees of creative and social intelligence.Thus, on the one hand, (AI) technology machine augmentation and automation can give these advantages to human (organization managers), e.g. developing people and community, solving problems and collaborating, coordinating and controlling work, shaping strategy and leading innovation. Besides, on the other hand, the next generation managers need have these individual attitude to treat intelligent machines to be as colleagues. When, judgment is a human skill, intelligent machines can accelerate human learning that supports it, assisting in data -driven simulations, scenarios and search and discovery activities. Focuses on judgment work, some decisions require insight beyond what data can tell them. This is the sweet sport for human judgment, the application of experience and expertise to critical business decisions and practices. Thus, managers will also need to find ways to learn how to use digital (AI) technologies to tap into the knowledge and judgment of partners, customer external stakeholders and role models in other industries after the (AI) machine had been implemented to the organization.

How Robots Influence Future Labor Market

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Author :
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.8/5 (864 download)

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Book Synopsis How Robots Influence Future Labor Market by : John Lok

Download or read book How Robots Influence Future Labor Market written by John Lok and published by . This book was released on 2022-03-24 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Robots Business Social Influence Questions

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Author :
Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.8/5 (864 download)

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Book Synopsis Robots Business Social Influence Questions by : John Lok

Download or read book Robots Business Social Influence Questions written by John Lok and published by . This book was released on 2022-03-23 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: