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Should We Fear The Robot Revolution The Correct Answer Is Yes
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Book Synopsis Should We Fear the Robot Revolution? (The Correct Answer is Yes) by : Mr.Andrew Berg
Download or read book Should We Fear the Robot Revolution? (The Correct Answer is Yes) written by Mr.Andrew Berg and published by International Monetary Fund. This book was released on 2018-05-21 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: We may be on the cusp of a “second industrial revolution” based on advances in artificial intelligence and robotics. We analyze the implications for inequality and output, using a model with two assumptions: “robot” capital is distinct from traditional capital in its degree of substitutability with human labor; and only capitalists and skilled workers save. We analyze a range of variants that reflect widely different views of how automation may transform the labor market. Our main results are surprisingly robust: automation is good for growth and bad for equality; in the benchmark model real wages fall in the short run and eventually rise, but “eventually” can easily take generations.
Book Synopsis New Laws of Robotics by : Frank Pasquale
Download or read book New Laws of Robotics written by Frank Pasquale and published by Harvard University Press. This book was released on 2020-10-27 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: AI is poised to disrupt our work and our lives. We can harness these technologies rather than fall captive to them—but only through wise regulation. Too many CEOs tell a simple story about the future of work: if a machine can do what you do, your job will be automated. They envision everyone from doctors to soldiers rendered superfluous by ever-more-powerful AI. They offer stark alternatives: make robots or be replaced by them. Another story is possible. In virtually every walk of life, robotic systems can make labor more valuable, not less. Frank Pasquale tells the story of nurses, teachers, designers, and others who partner with technologists, rather than meekly serving as data sources for their computerized replacements. This cooperation reveals the kind of technological advance that could bring us all better health care, education, and more, while maintaining meaningful work. These partnerships also show how law and regulation can promote prosperity for all, rather than a zero-sum race of humans against machines. How far should AI be entrusted to assume tasks once performed by humans? What is gained and lost when it does? What is the optimal mix of robotic and human interaction? New Laws of Robotics makes the case that policymakers must not allow corporations or engineers to answer these questions alone. The kind of automation we get—and who it benefits—will depend on myriad small decisions about how to develop AI. Pasquale proposes ways to democratize that decision making, rather than centralize it in unaccountable firms. Sober yet optimistic, New Laws of Robotics offers an inspiring vision of technological progress, in which human capacities and expertise are the irreplaceable center of an inclusive economy.
Book Synopsis Research Handbook on International Taxation by : Yariv Brauner
Download or read book Research Handbook on International Taxation written by Yariv Brauner and published by Edward Elgar Publishing. This book was released on 2020-12-25 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capturing the core challenges faced by the international tax regime, this timely Research Handbook assesses the impacts of these challenges on a range of stakeholders, evaluating various paths to reform at a time when international tax policy is a topic high on politicians’ agendas.
Book Synopsis Implementing a Basic Income in Australia by : Elise Klein
Download or read book Implementing a Basic Income in Australia written by Elise Klein and published by Springer. This book was released on 2019-05-23 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together scholars from the fields of politics, philosophy, sociology, anthropology and economics, to explore pathways towards implementing a Basic Income in Australia. It is the first book of its kind to outline avenues for implementation of a basic income specifically for Australia and responds to a gap in the existing basic income literature and published titles to provide a distinct standpoint in the exploration of basic income within the Australian contemporary policy landscape. The first section of the book outlines some of the continuing substantive and philosophical issues regarding BI implementation. In the second section of the book, authors offer practical strategies and models for progressing BI in Australia.
Download or read book Industry 4.0 written by Jean-Claude André and published by John Wiley & Sons. This book was released on 2019-07-10 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital technology opens up extraordinary fields for applications that will deeply change the nature of jobs and trade, the very concept of work and the expectations of user–producers. The “masters of algorithms” have disrupted production and services, and this trend will continue for as long as electric energy and the elements of Industry 4.0 are in continued development. Beyond data control, a power struggle is working its way through the links in the value chain: intermediation, control of resources and command over human and physical networks, as well as partnerships, creativity and the political system. Industry 4.0: Paradoxes and Conflicts examines the need for a serious and technological review, as well as for research and training regarding citizenship and politics. This is a new situation in terms of relationships of competence and authority, which must be the subject of scientific as well as political reflections for the whole social body, which needs to be educated about choices. Throughout the book, the author poses the following question: instead of submitting to choices, would it not be better to exercise foresight?
Book Synopsis Revolutionizing Industrial Automation Through the Convergence of Artificial Intelligence and the Internet of Things by : Mishra, Divya Upadhyay
Download or read book Revolutionizing Industrial Automation Through the Convergence of Artificial Intelligence and the Internet of Things written by Mishra, Divya Upadhyay and published by IGI Global. This book was released on 2022-09-23 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the development of innovative technologies, the study of industrial automation is obtaining extraordinary attention from academia, governments, researchers, and various industrial communities. The technical innovations in advanced technologies such as deep learning, blockchain, artificial intelligence of things (AIOT), and more have unlocked the potential for bringing intelligent automation and efficiency to the industries to control their various operations. These new technologies provide an efficient and secure way for industries to manage and develop products intelligently. Revolutionizing Industrial Automation Through the Convergence of Artificial Intelligence and the Internet of Things includes the recent advancements in exploring and developing AIOT-powered strategies and mechanisms for future industrial automation and transforming industrial functions and architectures to help improve various industrial operations. Covering topics such as convolutional neural networks, smart urban logistics, and industrial automation, this premier reference source is an excellent resource for computer scientists, IT managers, engineers, business leaders and executives, logistics managers, students and faculty of higher education, libraries, researchers, and academicians.
Author :Gianmarco Montanari Publisher :goWare e Edizioni Guerini e Associati ISBN 13 :8881953501 Total Pages :208 pages Book Rating :4.8/5 (819 download)
Book Synopsis Tech Impact. The lights and shadows of technological development by : Gianmarco Montanari
Download or read book Tech Impact. The lights and shadows of technological development written by Gianmarco Montanari and published by goWare e Edizioni Guerini e Associati. This book was released on 2020-01-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macrotrend of our present: instructions for use. We live in the age of endless change. Technological innovations are profoundly and irreversibly affecting our everyday life. Progress seems somehow to subvert individual and collective parametres in such a way that often we tend to ask ourselves what we can do for machines more than what they can do for us. In these pages the author shares a participating and curious gaze to the deep changes of our times, with the ongoing tension to draw together the scattered pieces of information left by our uncertain present and to gain new keys to interpretation. From the new technologies of AI and ubiquitous computing to the growing issues of international security , from the so called Fourth Industral Revolution to the new paradigm of the sharing economy, from the role of the technological mammoths in the new world order to the changes in the labour market and the increasing societal inequality: a bunch of burning issues are here addressed both with intellectual commitment and conversational levity, with the aim to foster public debate and awareness and to help present day and future leaders to shape new policies, both at business and governamental level.
Book Synopsis The Robots Are Coming! by : Andres Oppenheimer
Download or read book The Robots Are Coming! written by Andres Oppenheimer and published by Vintage. This book was released on 2019-04-30 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Staying true to his trademark journalistic approach, Andrés Oppenheimer takes his readers on yet another journey, this time across the globe, in a thought-provoking search to understand what the future holds for today's jobs in the foreseeable age of automation. The Robots Are Coming! centers around the issue of jobs and their future in the context of rapid automation and the growth of online products and services. As two of Oppenheimer's interviewees -- both experts in technology and economics from Oxford University -- indicate, forty-seven percent of existing jobs are at risk of becoming automated or rendered obsolete by other technological changes in the next twenty years. Oppenheimer examines current changes in several fields, including the food business, legal work, banking, and medicine, speaking with experts in the field, and citing articles and literature on automation in various areas of the workforce. He contrasts the perspectives of "techno-optimists" with those of "techno-negativists" and generally attempts to find a middle ground between an alarmist vision of the future, and one that is too uncritical. A self-described "cautious optimist", Oppenheimer believes that technology will not create massive unemployment, but rather will drastically change what work looks like.
Book Synopsis Current Problems of the World Economy and International Trade by : Elena G. Popkova
Download or read book Current Problems of the World Economy and International Trade written by Elena G. Popkova and published by Emerald Group Publishing. This book was released on 2022-03-30 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current Problems of the World Economy and International Trade reveals the determinants of competitiveness and drivers of economic growth of individual countries provides useful applied advice on post-crisis recovery and the development of the world economy and international trade in the post-pandemic period.
Book Synopsis The Coming Robot Revolution by : Yoseph Bar-Cohen
Download or read book The Coming Robot Revolution written by Yoseph Bar-Cohen and published by Springer. This book was released on 2016-04-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating book discusses the emergence of humanlike robots into our everyday world. It covers the trends, possibilities, and concerns we will all feel with their emergence. State-of-the-art photos and futuristic illustrations are included.
Book Synopsis Education for Employability (Volume 2) by : Joy Higgs
Download or read book Education for Employability (Volume 2) written by Joy Higgs and published by BRILL. This book was released on 2019-08-12 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Education for Employability (Volume 2): Learning for Future Possibilities we continue on from the big agenda discussions of Education for Employability (Volume 1): The Employability Agenda to explore education for employ-ability in a variety of spaces: in the context of higher education as an entrance into the workforce, in joining communities of practice and in the lifelong pursuit of employability – preparing people for a portfolio of careers rather than a job-for-life.
Book Synopsis Technological Unemployment, Basic Income, and Well-being by : Fabio D'Orlando
Download or read book Technological Unemployment, Basic Income, and Well-being written by Fabio D'Orlando and published by Taylor & Francis. This book was released on 2023-08-25 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main novelty of the Fourth Industrial Revolution is the entry of robots and Artificial Intelligence into the production process. This phenomenon could potentially generate high levels of unemployment, or even full unemployment, and therefore calls for innovative public policies. This book adopts an agnostic position on the size of the future impact of technological progress on employment but proposes a thought experiment built on a full unemployment scenario, which focuses on the consequences that these policies might have for people’s well-being, with particular reference to the provision of a universal Basic Income (UBI). Relying on some of the principles and models of Behavioral and Happiness Economics, it is argued that implementing a UBI that does not change over time may increase well-being inequality. A policy mix that combines a rising basic income with other measures is therefore recommended. This book marks a significant contribution to the literature on economic policy, labor economics, the economics of well-being and happiness, and behavioral economics.
Book Synopsis Searching for Wage Growth: Policy Responses to the “New Machine Age” by : Mr. Andrew Berg
Download or read book Searching for Wage Growth: Policy Responses to the “New Machine Age” written by Mr. Andrew Berg and published by International Monetary Fund. This book was released on 2024-01-12 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current wave of technological revolution is changing the way policies work. This paper examines the growth and distributional implications of three policies when “robot'' capital (a broad definition of robots, Artificial Intelligence, computers, big data, digitalization, networks, sensors and servos) is introduced in a neoclassical growth model. 1) cuts to the corporate tax rate; 2) increases in education spending; and 3) increases in infrastructure investment. We find that incorporating “robot'' capital into the model does make a big difference to policy outcomes: the trickle-down effects of corporate tax cuts on unskilled wages are attenuated, and the advantages of investment in infrastructure, and especially in education, are bigger. Based on our calibrations grounded on new empirical estimates, infrastructure investment and corporate tax cuts dominate investment in education in a "traditional" economy. However, in an economy with “robots” the infrastructure investment dominates corporate tax cuts, while investment in education tends to produce the highest welfare gains of all. The specific results, of course, may depend on the exact modeling of the technological change, but our main results remain valid and can provide more accurate welfare rankings.
Book Synopsis Digital Transformation and the World Economy by : Andrei Rudskoi
Download or read book Digital Transformation and the World Economy written by Andrei Rudskoi and published by Springer Nature. This book was released on 2022-01-24 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nanotechnology, biotechnology, information technology, and cognitive sciences are contributing to the emergence of intelligent computers and robots with elements of artificial intelligence and intelligent machines. This book postulates that these developments are accelerating the technological substitution of jobs and the shift in labor demand towards high qualification levels, putting the jobs of lower-skilled labor at risk. The digital economy is poised to increase the demand for highly qualified specialists in STEM fields (scientific research, innovative technologies, engineering, and mathematics serving digital technologies). In addition, highly skilled robotics engineers, AI and machine learning specialists, and virtual and augmented reality architects will be required. This book, using sector-focused mathematical models, explores how the demand for specialized human capital will play a decisive role in increasing the efficiency and productivity of labor in the digital economy. Success is guaranteed to those entrepreneurs who manage to establish a successful process of interaction with intelligent machines, which will require a deep restructuring of the training system for the digital economy.
Book Synopsis The Routledge Handbook of Smart Technologies by : Heinz D. Kurz
Download or read book The Routledge Handbook of Smart Technologies written by Heinz D. Kurz and published by Routledge. This book was released on 2022-02-27 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides a thorough discussion of the most recent wave of technological (and organisational) innovations, frequently called “smart” and based on the digitisation of information. The acronym stands for "Self-Monitoring, Analysis and Reporting Technology". This new wave is one in a row of waves that have shaken up and transformed the economy, society and culture since the first Industrial Revolution and have left a huge impact on how we live, think, communicate and work: they have deeply affected the socioeconomic metabolism from within and humankind’s footprint on our planet. The Handbook analyses the origins of the current wave, its roots in earlier ones and its path-dependent nature; its current forms and actual manifestations; its multifarious impact on economy and society; and it puts forward some guesstimates regarding the probable directions of its further development. In short, the Handbook studies the past, the present and the future of smart technologies and digitalisation. This cutting-edge reference will appeal to a broad audience, including but not limited to, researchers from various disciplines with a focus on technological innovation and their impact on the socioeconomic system; students across different fields but especially from economics, social sciences and law studying questions related to radical technological change and its consequences, as well as professionals around the globe interested in the debate of smart technologies and socioeconomic transformation, from a multi- and interdisciplinary perspective.
Book Synopsis Battling Eight Giants by : Guy Standing
Download or read book Battling Eight Giants written by Guy Standing and published by Bloomsbury Publishing. This book was released on 2020-03-19 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today in one the richest countries in the world, 60% of households in poverty have people in jobs, inequality is the highest it has been for 100 years, climate change threatens our extinction and automation means millions are forced into a life of precarity. The solution? Basic Income. Here, Guy Standing, the leading expert on the concept, explains how to solve the new eight evils of modern life, and all for almost zero net cost. There is a better future, one that makes certain all citizens can share in the wealth of the modern economy. Far from being a new idea, Standing shows how the roots of basic income go back to the Charter of the Forest, one of two foundational documents of the state – the other, sealed on the same day, being the Magna Carta. All citizens have a right to the wealth created by capitalism, and all – left or right, rich or poor – can benefit from a dynamic and ecologically grounded economy created by the guarantee of subsistence to all.
Book Synopsis Brookings Papers on Economic Activity: Spring 2018 by : Janice Eberly
Download or read book Brookings Papers on Economic Activity: Spring 2018 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2018-10-02 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: Is Automation Labor Share-Displacing? Productivity Growth, Employment, and the Labor Share David Autor and Anna Salomons Safety Net Investments in Children Hilary W. Hoynes and Diane Whitmore Schanzenbach Jobs for the Heartland: Place-Based Polices in 21st-Century America Benjamin Austin, Edward Glaeser, and Lawrence Summers Macroeconomic Effects of the 2017 Tax Reform Robert J. Barro and Jason Furman Liquidity Crises in the Mortgage Market You Suk Kim, Steven M. Laufer, Karen Pence, Richard Stanton, and Nancy Wallace Mortgage Market Design: Lessons from the Great Recession Tomasz Piskorski and Amit Seru
