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.

How Artificial Intelligence Raises Efficiency and Performance

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Author :
Publisher : Independently Published
ISBN 13 : 9781790333752
Total Pages : 296 pages
Book Rating : 4.3/5 (337 download)

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Book Synopsis How Artificial Intelligence Raises Efficiency and Performance by : Johnny Ch Lok

Download or read book How Artificial Intelligence Raises Efficiency and Performance written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-25 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part Two(AI) technology can raise employee service performance Chapter OneWhat is the relationship between (AI) robotic service behavior and improving service performance behaviorHow and why (AI) technology can be applied to service industry? I shall explain how (AI) technology can encourage consumption behaviors when it is applied to service industry as below. I shall apply behavioral economic theory to (AI) technology to indiate how it can enourage consumption when it is applied to service industry. At the core of behavioral economics is used psychology of economics analysis to improve economics on its own terms generating theoretical insights, making better prediction of field consumption of behavioral phenomena, and suggesting better policy to any company or government decision makers. It rejects economic theories based on utility maximization, equilibrium and efficiency. It is useful because it provides economists with a theoretical framework that can be applied to almost any form of economic ( and even non-economic) behavior to predict behavioral consumption more easily to businessmen. So, behavioral economy is different to general economy concept, it applies psychological methods to attempt to predict consumption behavior.Simpifying much assumption that are not central to the economic theory to apply to psychological behavior. Other assumption simply acknowledge human limits on computational power and self-interest. These assumptions can be considered procedurally rational because human needs to solve problems that are often so complex that who can't be solved exactly by even modern computer technology. So, if businessmen apply psychological method to predict behavioral consumption to earn the more benefits or profit, it is more reasonable to compare to apply computer methods to predict consumption behavior.Theories in behavioral economics should be judged by reality, generality and tractability concepts to apply why we ( consumers) do our behavior ( consumption of choices) from psychological analysis. We share the positivist view that the ultimate test of a theory is the accuracy of its predictions. But we also believe that better predictions are likely to result from theories with more realistic assumptions. In psychology, such as connectionist models that capture some of the essential features of neural functioning, which are based on utility maximization, yet are reaching the point where they are able to predict many judgemental and behavioral phenomena. Contrary to the positivistic view, however, businessmen ought believe that predictions of consumers' feelings ( e.g., of subjective well-being) should be an important goal to earn more profit more easily.Most of the ideas in behavioral economics are not new. When economics first became identified as a distinct field of study, psychology didn't exist as a discipline to apply to economy subject. For example, "invisible hand" and "the wealth of Nations" which belong to theory to moral sentiments, which laid out psychological principles of individual behavior that are arguably as profound as whose economic observations. Another example, such as a simple model of social utility means that one ( consumer) or person's utility was affected by another person's, such as whose family or friends' influence why to choose to buy this product or use this service in consumption market. Nowadays, economists hoped their discipline could be like a natural science to apply psychological methods to predict behavioral consumption to assist businessmen to earn more economic benefit or to reduce cost or profit to win whose competitors. But psychology was not very scientific. However, later economists are very much appealed to psychological insights to attempt to assist businessmen how to predict consumers how who will prefer to choose to consume to buy this product or use this service.

Why Artificial Intelligence Raises Efficiency

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Author :
Publisher : Independently Published
ISBN 13 : 9781792128806
Total Pages : 296 pages
Book Rating : 4.1/5 (288 download)

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Book Synopsis Why Artificial Intelligence Raises Efficiency by : Johnny Ch Lok

Download or read book Why Artificial Intelligence Raises Efficiency written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-22 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why will (AI) technologic knowledgeable robotic workers be raised productivity ?Future, (AI) robotic workers can assist knowledge labors to raise productivity from internet channel. Social science can explain knowledgeable jobs will be useful and popular and assisting labors to raise productivity to work at home online working environments. Within social science, in such discipline is sociology and human psychology and geography which indicates internet technology have changed to online working place environment, sense of working place, online employee role identity, everyday online work and life style, website global working communication and email online communication working interconnections. It seems internet brings access to social, economic and political resources to effect change to both individual and social working conditions, such as employers accept to attempt to use internet to assist office staffs to work at home, e.g. many book publishing businesses like to attempt to publish electronic books from online book store, instead of book shops channel to sell paper books. So these online book stores give chance to authors to publish electronic books or online paper books from online sale channel to earn loyalty income. For example, Amazon online electronic bookstore can publish electronic books and online paper books to sell all one day 24 hours to any countries' readers from its website, so when any countries' readers can enter its website to choose any different kind of subjects of electronic books to buy by visa card conveniently. Such as fiction, psychology, economy, science, law, architecture, medicine, commerce, management etc. subjects. So, any country's reader who does not need to buy air tickets to go to the country's book shop to buy the paper book, who only needs to pay visa card to buy the electronic or online paper books from Amazon publishing's website to buy any countries' electronic and paper books and then the overseas reader can choose either to download it from whose home computer or pays more price to deliver the online paper book to post to whose country conveniently. Hence, this online bookstore sale method will be popular and many free work authors will choose to work to raise the productivity of more quality electronic books numbers from this internet channel. However, the consequences of global change are far from uniform with globalizing influences and adapted as new technological, economic and online working cultural experiences are incorporated by any countries' staffs of any cities, towns and rural areas into their everyday work lives from long distance easily. Since one company can employ different countries' staffs to work from internet working channel at their homes. For example, a America company can employ overseas countries' staffs to work at the same time together by sending job duties from email communication channel among them when the America company has any job arrangement to notify to any staff to finish it any time, then the overseas staff finish the job and who can send whose finished documents to whose America employer any time. It seems the overseas staffs whose working hours can be flexible and those working hours have no regular office working hours to be fixed time table, so they do not need to work in any fixed working time table every working days, who can send their finished office documents to whose employers after who have finished their documents by either email communication channel or office online website downloads office download any time conveniently.

How And Why Artificial Intelligence Raises Productive Efficiency

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Author :
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.7/5 (397 download)

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Book Synopsis How And Why Artificial Intelligence Raises Productive Efficiency by : Johnny Ch Lok

Download or read book How And Why Artificial Intelligence Raises Productive Efficiency written by Johnny Ch Lok and published by . This book was released on 2021-04-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does (AI) and digital transformative combination technologies raise productivity growth or improve service performance? From 1995 to 2004 year, US experienced an acceleration in productivity growth, largely reflecting gains associated with the diffusion of ICT technologies. From the early to mid-2000 year onward, productivity growth has slowed down. The potential impacts of the ongoing digital transformation on productivity also need to consider in the context of this long term slowdown. When, the precise reasons for today's productivity remain difficult to a number of factors are likely to contribute as below factors: The first factor that has limited the impacts of digital transformation is the state of diffusion of digital technologies across the economy. When, many firms now have across to broadband networks, the use of more advanced digital tools and application with firms still differs greatly across countries. Moreover, these are important differences between rapid technological change, advanced technologies are initially only adopted by some leading firms and then only later diffuse to all firms as the technologies because more established new business models grow, such as applying digital and (AI) technological combine method to raise productivity growth is caused and costs fall. Consequently, these is large demand between what can be automated from a technical point of view and what may already be implemented by frontier firms and what is actually being achieve to raise productivity growth aim. So, (AI) and digital transformative technology influence future raising productivity growth or improving service aim achievement for many manufacturing and service industry demand.The second factor indicator that the available evidence suggests that the wide-spread benefits of digitalization productivity are not enough. Firms expect to help strengthen investment ( in tangible and intangible assets), e.g. (AI) technology. The same time, there are now starting to experience labor shortages, e.g. in certain technical occupations, such as data scientists. Due to the technological change is fast and growing demand for productivity growth has been increasing. SO, it will influence future (AI) robotic learning system and digital technological combination to be applied to manufacturing and service industries' needs to be raised. Due to many firms expect to find methods to raise productivity growth in order to reduce production costs.However, (AI) and digital technological development can cause multiple forms of disruption, from shifts in demand for workforce skills to changes in market structure, the need for new business models, new patterns of trade and investment. The (AI) and digital potentially transformative technologies can create new inventions, e.g. from quantum computing and advanced energy storage to new forms of 3D printing, big data analytics and neuro-technologies. These new product creative industries must lead the new product manufacturers to expect to learn how to apply (AI) and digital technology to raise productivity growth when their manufacturing processes. IN fact, (AI) is the ability of learning machine and system to acquire and apply knowledge and carry out intelligent behavior. Early efforts to develop (AI) centered on defining rules that software could use to perform a tack, such systems would work in speech recognition, (AI) skill. Increase in computational power, new statistical methods and advances in big data, have brought major breakthroughs to the field of (AI), especially in " vertical " (AI) like automated vehicles as opposed to " general". (AI) with machine learning algorithms that identify complex patterns in large data sets. Software applications can perform tasks and simultaneously learn how to improve productive performance.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1589063953
Total Pages : 35 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance by : El Bachir Boukherouaa

Download or read book Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Why Artificial Intelligence Raises Efficiencies To

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Author :
Publisher : Independently Published
ISBN 13 : 9781096644835
Total Pages : 102 pages
Book Rating : 4.6/5 (448 download)

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Book Synopsis Why Artificial Intelligence Raises Efficiencies To by : Johnny Ch Lok

Download or read book Why Artificial Intelligence Raises Efficiencies To written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-02 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: What benefits will bring when (AI) robotic technology is applied to internet technology: Productivity growth can reduce production costs and increase returns on investments. Some of which provide greater income for business owners which some are given higher wages to labours. However, the productivity of individuals may be reflected in employment rates, wage rates, stability of employment, job satisfaction or employability across jobs or industries. The productivity of enterprises, in addition to output per worker may measure in terms of market share and export performance. The benefits to societies from higher individual and enterprise productivity may be evident in increased competitiveness and employment or in a shift of employment from low to higher productivity sector. So, employers can use this method to measure every employee's morality and job behaviour performance to judge whether their job ethic and job attitude whether which can adopt to continue to work in whose organizational environment. If the employer discovered the employee's morality and job behaviour performance and job attitude is not achieved to whose work performance standard, then who can decide to either reduce whose salary or dismiss him/her or not increasing whose salary for long term any decision. So, labour ethic issue is very important to influence economic growth to any countries. Whether labour ethic has close relationship to economic growth. I feel this issues concerns any stage of the labour life cycle and organization life cycles, it includes the link between the design of economic theory and labour individual morality and job behaviour and performance. In fact, we need to suppose all research questions and labour economy is as mapping to particular stages of an individual's life cycle to labour economy ought be related to the accumulation of human ( labour) capital, labour market entry and labour supply choices, behaviour within firms and household decision making. Prior years some researchers had been carrying on observing experiments to the women and men labour work and in whose nature environment for weeks, and then used various treatments, including manipulating the environment in such a way to increase and decrease rest periods. They got result long time working hours and not rest time, it will reduce labours( workers) of productivity. So, it implies the overall productivity and individual productivity will be reduced. Although, the employers have enough workers to work in the natural working environment at the same time, but due to who have no enough rest time to provide to them, then their workers' working performance and efficiency will be fallen. Nowadays, industrialized countries had began to consider how to plan similar welfare reforms, researching the economic reasons and consequences to labour economic issue, such as United States, the United King, Sweden and Germany, it seems economic growth and law ethic has close relationship. However, labour economy includes how to measure labour's emotion to raise productivity, as well as how technological change, education, employment and wages which can assist labour to raise productivity. Due to good labour emotion and labour ethic can raise productivity, then raising productivity can also raise economic growth finally. So, I believe which have close cause and effect relationship.

Artificial Intelligence Raises Productivity Growth and Service Performance

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Author :
Publisher : Independently Published
ISBN 13 : 9781791653477
Total Pages : 66 pages
Book Rating : 4.6/5 (534 download)

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Book Synopsis Artificial Intelligence Raises Productivity Growth and Service Performance by : Johnny Ch Lok

Download or read book Artificial Intelligence Raises Productivity Growth and Service Performance written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-13 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.

How Artificial Intelligence Raises Efficiency And

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Publisher :
ISBN 13 : 9781071335352
Total Pages : 294 pages
Book Rating : 4.3/5 (353 download)

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Book Synopsis How Artificial Intelligence Raises Efficiency And by : Johnny Ch Lok

Download or read book How Artificial Intelligence Raises Efficiency And written by Johnny Ch Lok and published by . This book was released on 2019-06-02 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying (AI) robotic workers to raise Walt Disney entertainment theme park service performance3.1Disney (A) robotic service workersHow and why can apply (AI) robotic service workers to serve Disney visitors to let them to feel Disney can provide more warm service performance when they are visiting to Disney entertainment theme park . I shall indicate how to apply (AI) robotic customer service workers to assist enterprises to predict what are clients' preferable choices to increase more attractive effort to win competitors. Enterprises include Walt Disney entertainment theme park how it applied knowledge management psychological method to attract more visitors; Universities why need to consider campus building location and course teaching methods to attract students' choices; airlines why need to consider how flight gas or oil price influences to passengers' choices; underground train enterprises why need to consider route location influences to passengers' transportation choices; Finally, environment protection product firms why need to consider what environment pollution benefits to society to influence businessmen decide to buy environment protection products of choices.

Time Pressure Raises Efficient Or Inefficient Artificial Intelligence Performance

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Author :
Publisher :
ISBN 13 : 9781081767839
Total Pages : 108 pages
Book Rating : 4.7/5 (678 download)

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Book Synopsis Time Pressure Raises Efficient Or Inefficient Artificial Intelligence Performance by : Johnny Ch Lok

Download or read book Time Pressure Raises Efficient Or Inefficient Artificial Intelligence Performance written by Johnny Ch Lok and published by . This book was released on 2019-07-21 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: -Can (AI) influence global economy growth?Technological progress is main driver of growth of GDP per capita, allowing output to increase faster than labor and capital . However, technology can increase productivity, but also decrease the number of labor hours needed to create a unit of output. So (AI) causes unequal to labor wage decreases, even reduces the number of labor to manufacture, e.g. artificial intelligence technology of automation car manufacturing industry; clothing manufacturing industry; plane manufacturing etc. high technology of artificial intelligence manufacturing method. But (AI) should be potential environment benefit, although it raises unemployment ratio. Moreover, it can rise production, due to many skilled craft were replaced by the combination of machines and lower-skilled labor. The result of (AI) technology introduction, it causes output per hour risen when inequality declined, driving up average living standards, but the labor of some high-skill workers was no longer as valuable in the market. Otherwise, if (AI) technology is continue developed to be success. Some routine intensive occupations will be loss, which focused on predictable, e.g. easily programmable tasks, such as switchboard operators, filing clerks, travel agents, and assembly line workers would be particularly replaced by new (AI) technology. However, at the same time, (AI) technology development will bring these benefits: improvement in education ( training (AI) technology scientists), due to (AI) manufacturing technology needs are raising to businesses and institutional changes, such as the reduction in unionization and raising in the minimum wage to the (AI) manufacturing technology skilled labor in factories.Because (AI) technology is not a single technology, but rather a collection of technologies that are applied to specific tasks, the effects of (AI) will be felt unevenly though the economy. It will bring some tasks will be most easily automated than others, and some jobs will be affected more than others, both negatively and positively. Finally, new jobs are likely to be directly created in areas, such as the development and supervision of (AI) as well as indirectly created in a range areas though out the economy as higher incomes lead to expanded demand.

Artificial Intelligence Raises Consumption Market

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Publisher : Independently Published
ISBN 13 : 9781790561698
Total Pages : 106 pages
Book Rating : 4.5/5 (616 download)

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Book Synopsis Artificial Intelligence Raises Consumption Market by : Johnny Ch Lok

Download or read book Artificial Intelligence Raises Consumption Market written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-30 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: IntroductionNowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? All workers are replaced by artificial intelligent robotic machine or some workers are replaced by artificial intelligent robotic machine which can raise more productive efficiencies or improve better service performace ?If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.This book concerns how to apply artificial intelligence technology to apply to US some consumption market. I shall explain how to apply (AI) technology to these America consumption market to raise their food or product productivity growth efficiently. I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products. This book brings two questions: (1)Can apply (AI) technology to raise these US food and product productivity growth?(2) Will these US food and product quality influence to be poor after (AI) technology is applied to raise productivity growth ? The manufacturers material and consumers product researching topics include: How to apply (AI) technology to raise future U.S. tobacco productivity growth? How to apply (AI) technology to raise steel material productivity growth for manufacturing industries? How to apply (AI) technology to raise minerals productivity growth for U.S. manufacturing industries? How to apply (AI) technology to improve oranage fruit and vegetables logistic transportation speed in efficient way in warehouses? How to apply (AI) technology to improve U.S. alcohol logistic transportation speed in efficient way in warehouse? How to apply (AI) technology to improve U.S. energy service performance to satisfy energy users' needs? How to apply (AI) tehnology to improve wine and tea logistic transportation speed in warehouse? How to apply (AI) technology to improve pork logistic transportation speed in warehouse? How to apply (AI) technology to improve U.S. tourism entertainment service performance to satisfy traveller needs? How to apply (AI) technology to impove sugar logistic transportation speed in warehouse? How to apply (AI) technology to raise lighting product productivity growth ?

Artificial Intelligence

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Author :
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.

How Robots Improve Organizational Performance

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Author :
Publisher : Notion Press
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (884 download)

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Book Synopsis How Robots Improve Organizational Performance by : John Lok

Download or read book How Robots Improve Organizational Performance written by John Lok and published by Notion Press. This book was released on 2022-10-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part: Artificial intelligence raises productive efficiency and service performance. The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really. Research question: How to apply (AI) technology to assist employees to improve service performance to serve clients? This book second part is concerned how to apply (AI) technology to raise service performance. Also I shall compare to explain what advantages and disadvantages when the organization either choose to apply (AI) or not choose (AI) to assist employees to serve clients, these any one sample industry encounters customer complains, due to it lacks (AI) technologic assistance to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to feel whether (AI) technology will raise labor productivities or efficiency or service performance.

Why Can Artificial Intelligence Raise Orgnizational Efficiency and Productivity

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Publisher :
ISBN 13 : 9781730743788
Total Pages : 695 pages
Book Rating : 4.7/5 (437 download)

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Book Synopsis Why Can Artificial Intelligence Raise Orgnizational Efficiency and Productivity by : Johnny Ch LOK

Download or read book Why Can Artificial Intelligence Raise Orgnizational Efficiency and Productivity written by Johnny Ch LOK and published by . This book was released on 2018-11 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: I write this book aim to explain how and why whether artificial intelligence ( big data gathering tool) is better method to compare economic or statistics or psychological methods to predict consumer behavior. If future artificial intelligent technology can be developed to apply to predict consumer behavior, what requirements does it need to achieve consumer psychological prediction function? In future, organizations to consider how to raise staff efficiency and performance in order to raise productivity. I shall give opinions to explain how to attempt to apply (AI) technology to make psychological analysis to assist any organizations to make more accurate raising performance and efficient methods.In my this book part five, I shall explain future how to attempt to apply (AI) technological method to give psychological recommendation to any organizations to assist them to raise staff efficiency. I shall attempt to indicate how to apply (AI) psychological recommendation technology to give any efficient performance opinions to let these organizations to learn, such as marketing consultant organization, basketball team organization, interior decorating organization, bank organization, hotel organization, university organization, film organization, nuclear factory organization ,electronic assemblies factory organization, medical organization and television organization.This book aims to explain why and how future artificial intelligent technology ( big data gathering method) can be applied to assist businesses to predict why and when and how consumer behavior changes. I shall explain why traditional psychological and statistic and marketing methods are applied to predict consumer behaviors, human's judgement and analytical effort will be worse to compare AI machine's judgement and analytical effort. Also, I shall indicate different business organizations why they apply AI big data gathering method to help them to design any questionnaires ( surveys) questions which will be more valid and useful to conclude human's questionnaires ( surveys) design questions method.This book has these two research questions need to be answered?(1)Can apply (AI) learning machine predict consumer behaviors?(2)Can (AI) learning machine replace human marketing research method, e.g. survey or human psychological and micro and macro economic methods to predict consumer behaviors more accurate?Nowadays, many businessmen or marketing research professional hope to apply different methods to predict consumer behaviors in order to know what will be future market activities and market changes to help them to choose to implement what kinds of marketing strategies more accurately. The methods include economic environmental change prediction method, consumer individual psychological change prediction method, micro or macro behavioral economic environmental change prediction method, marketing environmental change prediction method etc. different kinds of methods which can be applied to predict how consumer behavioral changes to influence whose behavioral consumption to the manufacturer products sale within one to two years short term or three to five years middle term, even above five years long term business plans.

Artificial Intelligence Raises: Efficiency and Productivity

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Author :
Publisher : Independently Published
ISBN 13 : 9781799170785
Total Pages : 400 pages
Book Rating : 4.1/5 (77 download)

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Book Synopsis Artificial Intelligence Raises: Efficiency and Productivity by : Johnny Ch Lok

Download or read book Artificial Intelligence Raises: Efficiency and Productivity written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-03-09 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: (AI) digital data gather technology predicts food consumer behavior's main barriersWhat are the main barriers to food industry? When the food manufacturer applies (AI) big data gather technology to predict food consumer behavior? The barriers include that the food manufacturer / provider needs to decide whether when the right time is applied to the right (AI) digital big data prediction tool channel to find the right food consumers to be chose to full food consumption satisfactory questionnaires, how to gather multi-class food consumption classifiers on real-world food consumers transactional data from the food sale domain consistently to show the critical numbers of different kinds of food items at which the predictive performance most accurate? So, any food manufacturer / provider's advanced in (AI) digital data gather warehousing and management technologies can provide that opportunities for food business to enhance long term relationship with the food providers' clients. However, food industry's (AI) digital data gather aims to improve food customer product targeting, increase food customer loyalty and food purchase probability to the food supplier. To effective identify, understand and satisfy the needs of their food customers, the food suppliers need to develop the right (AI) digital questionnaire questions and find the right food customers to fill every right questions from every digital questionnaire at the right time through the right channel. Above of all these, they will be the barriers when one food supplier expects its (AI) digital data gather questionnaires which can conclude the most accurate prediction concerns any kinds of consumer food product choices. So, such as (AI) digital data prediction model, it is needed to incorporate into the food market segmentation, food customer targeting, and food challenging decisions with the goal of maximizing the total food customer lifetime. For example, (AI) big data gather transaction data is reasonable and accurate for building predictive models. Transaction data can be electronically collected and readily made available for data mining in lot quantity at minimum extra costs.Suggestion to apply (AI) prototypes of food customer profiles method to predict food customer behavioral changes. Prototypes of food customer profiles mean to be extracted from the discovered bins and multi-class classifies models are built using those prototypes. The learned models can than be used to predict the class of food customer profiles ( e.g. restaurants, school canteens, supermarkets etc. food suppliers) based on their food purchases. The approach is validated on the case study of a food retail and food service company operating in food and beverages market.

Time Pressure Raises Efficient Or Inefficient

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Author :
Publisher :
ISBN 13 : 9781071190012
Total Pages : 108 pages
Book Rating : 4.1/5 (9 download)

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Book Synopsis Time Pressure Raises Efficient Or Inefficient by : Johnny Ch Lok

Download or read book Time Pressure Raises Efficient Or Inefficient written by Johnny Ch Lok and published by . This book was released on 2019-06 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is dynamic efficient production environment? This refers to efficient over time. Dynamic efficiency involves the introduction of new technology and working methods to reduce costs over time, e.g. letting workers feel that productive time can be reduce to produce the same level of tasks. Then, they can avoid long time pressure to influence their working performance. With this mind, we can define dynamic efficiency as an aspect of economic efficiency that measures the speed or the rate at which the production possibility curve moves from one static equilibrium point to another within a given period. For Ford Motor company efficient production predictive method case example, in the 1920 year, the Ford Motor factor were very efficient for that particular year. However, compared to later decades, we can not say that the producton methods of the 1920 year were efficient. On other words, it is important for firms to make best use of given resources. But, they also need to develop greater use of resources over time. Hence, Ford Motor can let workers to avoid time pressure feeling to produce its any motor vehicles i their productive process in 1920 year. When its new productive technology is adopted to be used to manufacture any kindsof its more vehicles in factory. Also, it can raise their productive efficiency to manufacture any motoe vehicles in 1920 year. However, although Ford Motor can make best use of given resources to assist workers to produce any kinds of motor vehicles efficiently. The vehicle buyers' driving needs or new design motor demands are increasing. They need new different kinds of Ford Motor design to be provided to let them to choose. So, Ford Motor also needs to develop greater use of more resources over time, due to the more different styles of new design motor vehicles are needed. So, the new kinds of productive resources are needed to be develop in order to adopt to vehicle buyers' needs. If Ford Motor can not find or discover any new productive material and it can not innovate any new kinds of productive methods to be taught to let workers to learn how to manufacture the future new designs of Ford Motor vehicles efficiently. Then, they wil be possible to feel time pressure to work, due to they can not adopt how to manufacture the future new design motor vehicles, when they are not proficient to apply the future new productive technology to manufacture any new design of motor vehicles.This is one good example to explain high technological manufacturing resources and techniques and method can let workers to reduce time pressure to manufacture in their manufacturing process, but if the manufacturer can not improve its manufacturing technology to let its workers can continue adapt how to apply the new different manufacturing method to manufacture the future new design or innovative products. Then, they will be possible that they feel time manufacturing pressure and raising inefficient manufacturing performance, due to the manufacturing technology or productive technique can not be improved and training to them to raise skillful proficiency. So, these productive workers will onle reduce time pressure to manufacture in short time, if the manufacturer can not improve any new kinds of manufacturing techniques and teach them how to apply the future new manufacturing techniques to work efficiently. .Then, their performance will be ppor in possible when they feel long time pressure o work in the long time pressure working environment. Hence, it has relationship between new technique improvement and long or short time working pressure and performance.

Artificial Intelligence How Raises Productivities And Efficiences

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Author :
Publisher :
ISBN 13 : 9781698032634
Total Pages : 94 pages
Book Rating : 4.0/5 (326 download)

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Book Synopsis Artificial Intelligence How Raises Productivities And Efficiences by : Johnny Ch Lok

Download or read book Artificial Intelligence How Raises Productivities And Efficiences written by Johnny Ch Lok and published by . This book was released on 2019-10-06 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: (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 efficiency and performance and productivity will to be changed better, due to artificial intelligent robots are applied to assist human to do anything 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 human task behavior to achieve productivity and efficiency raising.⦁How does artificial intelligence influence future working changing in automation employment and productivity aspects?(AI) influences the automation working changing 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? What is likely to be its impact both on productivity in the global economy and on employment?

Artificial Intelligence in Healthcare

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Author :
Publisher : Academic Press
ISBN 13 : 0128184396
Total Pages : 385 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Artificial Intelligence in Healthcare by : Adam Bohr

Download or read book Artificial Intelligence in Healthcare written by Adam Bohr and published by Academic Press. This book was released on 2020-06-21 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence (AI) in Healthcare is more than a comprehensive introduction to artificial intelligence as a tool in the generation and analysis of healthcare data. The book is split into two sections where the first section describes the current healthcare challenges and the rise of AI in this arena. The ten following chapters are written by specialists in each area, covering the whole healthcare ecosystem. First, the AI applications in drug design and drug development are presented followed by its applications in the field of cancer diagnostics, treatment and medical imaging. Subsequently, the application of AI in medical devices and surgery are covered as well as remote patient monitoring. Finally, the book dives into the topics of security, privacy, information sharing, health insurances and legal aspects of AI in healthcare. Highlights different data techniques in healthcare data analysis, including machine learning and data mining Illustrates different applications and challenges across the design, implementation and management of intelligent systems and healthcare data networks Includes applications and case studies across all areas of AI in healthcare data