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Technological Progress Artificial Intelligence And Inclusive Growth
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Book Synopsis Technological Progress, Artificial Intelligence, and Inclusive Growth by : Mr. Anton Korinek
Download or read book Technological Progress, Artificial Intelligence, and Inclusive Growth written by Mr. Anton Korinek and published by International Monetary Fund. This book was released on 2021-06-11 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological progress. We analyze the economic forces behind these developments and delineate domestic economic policies to mitigate the adverse effects while leveraging the potential gains from technological advances. We also propose reforms to the global system of governance that make the benefits of advances in artificial intelligence more inclusive.
Book Synopsis New Technology for Inclusive and Sustainable Growth by : Elena I. Inshakova
Download or read book New Technology for Inclusive and Sustainable Growth written by Elena I. Inshakova and published by Springer Nature. This book was released on 2022-03-04 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book offers a multidisciplinary investigation into the economic, technological, environmental, and social impacts of Industry 4.0 technology that ensures inclusive and sustainable growth development of regions and countries. Along with identifying new opportunities that new technology provides for inclusive growth, the book aims to propose theoretical substantiation and develop economic, institutional, organizational, and information mechanisms that aid to reduce and eliminate the potential economic, social, and environmental risks. A broad multidisciplinary approach integrating research capabilities of economic and administrative sciences, artificial intelligence and computer sciences, pedagogy and linguistics, latest findings in the above mentioned scientific areas, as well as empirical evidence and pilot innovative research projects conducted by the contributors, allowed them to draw conclusions and develop recommendations for achieving inclusive growth in industrial and agricultural production, innovation and investment activities, management and environment protection, healthcare and education associated with the use of new technology. The contributors hope that empirical materials, innovative developments, and suggestions inspire scientific research, encourage applied studies, and supplement training programs in economic, administrative, social, and computer sciences at the advanced universities and research institutions, in the post-Soviet territory, in particular.
Book Synopsis How to Achieve Inclusive Growth by : Valerie Cerra
Download or read book How to Achieve Inclusive Growth written by Valerie Cerra and published by Oxford University Press. This book was released on 2022-01-22 with total page 901 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.
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.
Download or read book Shifting Paradigms written by Zia Qureshi and published by Brookings Institution Press. This book was released on 2022-01-11 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the big questions about how technological change is transforming economies and societies Rapid technological change—likely to accelerate as a consequence of the COVID-19 pandemic—is reshaping economies and how they grow. But change also causes disruption, creates winners and losers, and produces social stress. This book examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. Shifting Paradigms is the second book on technological change produced by a joint research project of the Brookings Institution and the Korea Development Institute. Contributors are experts from the United States, Europe, and Korea. The first volume, Growth in a Time of Change, was published by Brookings in February 2020. The book's underlying thesis is that the future is arriving faster than expected. Long-accepted paradigms about economic growth are changing as digital technologies transform markets and nearly every aspect of business and work. Change will only intensify with advances in artificial intelligence and other innovations. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration inevitable with the new technologies or can their benefits be more widely shared? How can the promise of FinTech be captured while managing risks? Should workers fear the new automation? Are technology-driven shifts in business and work causing income inequality to rise? How should public policy respond? Shifting Paradigms addresses these questions in an engaging manner for anyone interested in understanding how the economic and social agenda is being transformed by today's winds of change.
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 2019-06-07 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. Contributors: Daron Acemoglu, Massachusetts Institute of Technology Philippe Aghion, Collège de France Ajay Agrawal, University of Toronto Susan Athey, Stanford University James Bessen, Boston University School of Law Erik Brynjolfsson, MIT Sloan School of Management Colin F. Camerer, California Institute of Technology Judith Chevalier, Yale School of Management Iain M. Cockburn, Boston University Tyler Cowen, George Mason University Jason Furman, Harvard Kennedy School Patrick Francois, University of British Columbia Alberto Galasso, University of Toronto Joshua Gans, University of Toronto Avi Goldfarb, University of Toronto Austan Goolsbee, University of Chicago Booth School of Business Rebecca Henderson, Harvard Business School Ginger Zhe Jin, University of Maryland Benjamin F. Jones, Northwestern University Charles I. Jones, Stanford University Daniel Kahneman, Princeton University Anton Korinek, Johns Hopkins University Mara Lederman, University of Toronto Hong Luo, Harvard Business School John McHale, National University of Ireland Paul R. Milgrom, Stanford University Matthew Mitchell, University of Toronto Alexander Oettl, Georgia Institute of Technology Andrea Prat, Columbia Business School Manav Raj, New York University Pascual Restrepo, Boston University Daniel Rock, MIT Sloan School of Management Jeffrey D. Sachs, Columbia University Robert Seamans, New York University Scott Stern, MIT Sloan School of Management Betsey Stevenson, University of Michigan Joseph E. Stiglitz. Columbia University Chad Syverson, University of Chicago Booth School of Business Matt Taddy, University of Chicago Booth School of Business Steven Tadelis, University of California, Berkeley Manuel Trajtenberg, Tel Aviv University Daniel Trefler, University of Toronto Catherine Tucker, MIT Sloan School of Management Hal Varian, University of California, Berkeley
Book Synopsis The Fourth Industrial Revolution by : Klaus Schwab
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Book Synopsis The Work of the Future by : David H. Autor
Download or read book The Work of the Future written by David H. Autor and published by MIT Press. This book was released on 2023-10-03 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the United States lags behind other industrialized countries in sharing the benefits of innovation with workers and how we can remedy the problem. The United States has too many low-quality, low-wage jobs. Every country has its share, but those in the United States are especially poorly paid and often without benefits. Meanwhile, overall productivity increases steadily and new technology has transformed large parts of the economy, enhancing the skills and paychecks of higher paid knowledge workers. What’s wrong with this picture? Why have so many workers benefited so little from decades of growth? The Work of the Future shows that technology is neither the problem nor the solution. We can build better jobs if we create institutions that leverage technological innovation and also support workers though long cycles of technological transformation. Building on findings from the multiyear MIT Task Force on the Work of the Future, the book argues that we must foster institutional innovations that complement technological change. Skills programs that emphasize work-based and hybrid learning (in person and online), for example, empower workers to become and remain productive in a continuously evolving workplace. Industries fueled by new technology that augments workers can supply good jobs, and federal investment in R&D can help make these industries worker-friendly. We must act to ensure that the labor market of the future offers benefits, opportunity, and a measure of economic security to all.
Book Synopsis New Technology for Inclusive and Sustainable Growth by : Agnessa O. Inshakova
Download or read book New Technology for Inclusive and Sustainable Growth written by Agnessa O. Inshakova and published by Springer Nature. This book was released on 2022-04-01 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents body of knowledge on the economic, social and environmental impacts of the new Industry 4.0 technology use in view of regulating the related risks to ensure inclusive and sustainable growth in the Post-Soviet and selected developing countries while transition to a new technological order. The book brings together collected empirical evidence and pilot innovative research projects run by the author team that illustrate functional abilities, application potential and challenges of Industry 4.0 key enabling technologies (e.g., artificial intelligence, neural networks, blockchain, nanotechnology, etc.) and provides useful applied recommendations on managing the risks of their use in order to achieve economic growth fairly across society in the developed and developing countries. It presents suggestions to improve national legislation and existing economic regulations, which would also ensure boosting scientific research and training highly qualified personnel in computer, economic, administrative, legal and social sciences at the advanced universities and research institutions in the Post-Soviet area.
Download or read book Shifting Paradigms written by Zia Qureshi and published by Brookings Institution Press. This book was released on 2022-01-11 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the big questions about how technological change is transforming economies and societies Rapid technological change—likely to accelerate as a consequence of the COVID-19 pandemic—is reshaping economies and how they grow. But change also causes disruption, creates winners and losers, and produces social stress. This book examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. Shifting Paradigms is the second book on technological change produced by a joint research project of the Brookings Institution and the Korea Development Institute. Contributors are experts from the United States, Europe, and Korea. The first volume, Growth in a Time of Change, was published by Brookings in February 2020. The book's underlying thesis is that the future is arriving faster than expected. Long-accepted paradigms about economic growth are changing as digital technologies transform markets and nearly every aspect of business and work. Change will only intensify with advances in artificial intelligence and other innovations. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration inevitable with the new technologies or can their benefits be more widely shared? How can the promise of FinTech be captured while managing risks? Should workers fear the new automation? Are technology-driven shifts in business and work causing income inequality to rise? How should public policy respond? Shifting Paradigms addresses these questions in an engaging manner for anyone interested in understanding how the economic and social agenda is being transformed by today's winds of change.
Book Synopsis Technology and the Future of Work by : Adrian Peralta-Alva
Download or read book Technology and the Future of Work written by Adrian Peralta-Alva and published by International Monetary Fund. This book was released on 2018-10-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies tailored to country-specific circumstances and preferences, such as investment in human capital to facilitate retooling of low-skilled workers so that they can partake in the gains of technological change, and redistributive policies (such as differentiated income tax cuts) to help reallocate gains. Policies are also needed to facilitate the process of adjustment.
Book Synopsis Harnessing Technology for Inclusive Prosperity by : Brahima Coulibaly
Download or read book Harnessing Technology for Inclusive Prosperity written by Brahima Coulibaly and published by Rowman & Littlefield. This book was released on 2024-06-25 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transformative new technologies are reshaping economies and societies. But as they create new opportunities, they also pose new challenges, not least of which is rising inequality. Increased disparities and related anxieties are stoking societal discontent and political ferment. Harnessing technological transformation in ways that foster its benefits, contain risks, and build inclusive prosperity is a major public policy challenge of our time and one that motivates this book. In what ways are the new technologies altering markets, business models, work, and, in turn, economic growth and income distribution? How are they affecting inequality within advanced and emerging economies and the prospects for economic convergence between them? What are the implications for public policy? What new thinking and adaptations are needed to realign institutions and policies, at national and global levels, with the new dynamics of the digital era? This book addresses these questions. It seeks to promote ideas and actions to manage digital transformation and the latest advances in artificial intelligence with foresight and purpose to shape a more prosperous and inclusive future.
Book Synopsis Growth in a Time of Change by : Hyeon-Wook Kim
Download or read book Growth in a Time of Change written by Hyeon-Wook Kim and published by Brookings Institution Press. This book was released on 2020-02-25 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.
Book Synopsis Technological Trends in the AI Economy by : Elena N. Makarenko
Download or read book Technological Trends in the AI Economy written by Elena N. Makarenko and published by Springer Nature. This book was released on 2023-03-03 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to the study of artificial intelligence from a new perspective – not just a technology but a social institution with complex social connections and relationships. The book systematically highlights technological trends of the artificial intelligence economy and considers all the components of its cascade effect with an overview of international experience and substantiation of promising ways of adapting to the modern stage of technological transit of economic systems. The cascade effect is understood as a chain of interdependent events that are triggered as artificial intelligence takes root in society and the economy. Among the technological trends (current areas of the practical application of artificial intelligence), highlighted in the book, are “smart” homes, digital regions, the use of artificial intelligence to ensure cybersecurity, as well as the optimization of business processes based on artificial intelligence. The book interprets the economics of artificial intelligence as a result of the transition to a digital technological order. A review of modern experience and regulatory perspectives of the institutionalization of the artificial intelligence economy is carried out. The legal framework for combating cyber threats in the artificial intelligence economy has been determined. The promising frameworks for using artificial intelligence in various branches of industry are presented. The book provides practical examples, case studies and proposed frameworks for using AI in various sectors of the economy, which allows using the book as a practical guide to managing the artificial intelligence economy.
Author :UNESCO International Centre for Technical and Vocational Education and Training Publisher :UNESCO Publishing ISBN 13 :9231004468 Total Pages :56 pages Book Rating :4.2/5 (31 download)
Book Synopsis Understanding the impact of artificial intelligence on skills development by : UNESCO International Centre for Technical and Vocational Education and Training
Download or read book Understanding the impact of artificial intelligence on skills development written by UNESCO International Centre for Technical and Vocational Education and Training and published by UNESCO Publishing. This book was released on 2021-04-02 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Yearning for Inclusive Growth and Development, Good Jobs and Sustainability by : Luigi Paganetto
Download or read book Yearning for Inclusive Growth and Development, Good Jobs and Sustainability written by Luigi Paganetto and published by Springer Nature. This book was released on 2019-10-11 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses topics and issues of high relevance to the widely shared desire to promote inclusive growth, sustainability, and innovation within a context of global governance. It is based on the XXXth Villa Mondragone International Economic Seminar, where leading experts met to discuss the latest research and thinking on different aspects of globalization, trade, inequalities, growth imbalances, green technologies, the labor market, and financial systems. The aim is to stimulate new responses and possible solutions to a variety of well-recognized problems, including low growth in real wages, stagnating productivity, and growing disparities in income. Some of these problems are especially evident in Europe, where austerity policies have failed to deliver adequate growth and investment. However, while a number of the contributions focus on aspects of particular importance to Europe, others look further afield, for example to the scope for innovation in Africa and to experiences with quantitative easing in Japan. The book will be of wide interest to academics, researchers, policy makers, and practitioners.
Book Synopsis Artificial Intelligent Future Development Trend Prediction by : Johnny Ch LOK
Download or read book Artificial Intelligent Future Development Trend Prediction written by Johnny Ch LOK and published by . This book was released on 2018-08-14 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Second part, I shall explain how future (AI) technology can be applied to business and health service aspect. The research questions: Can AI grow productivity? If AI can grow productivity, how can it raise ? If productivity raised, can it raise economic development ? How will (AI) influence human job 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 change to future human job market. If one day, (AI) technology can be applied to any human job aspects. Whether human will face unemployment disadvantages or human won't face unemployment disadvantages. Whether (AI) technology will be applied to assist to future human job to raise productivities or economic growth to any societies or improve performance for any employers' benefits and workers' benefits. This book will have explanation to let readers to feel whether how future (AI) technological innovation will bring benefits or disadvantages to influence human's job market in future one day global job market influence.This part concerns to be given my opinions to explain whether artificial intelligent technology will impact our life and will influence economic development in the future, due to productivity raises.In chapter twelve, I shall explain what the (AI) functions are benefited to human and I shall indicate whether how it can impact human job nature to raise productivity or not. I shall explain whether (AI) can influence to change to human job market to be better or worse in future global labor market in order to raise productivity in possible.
