Automation and Its Macroeconomic Consequences - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Automation and Its Macroeconomic Consequences write by Klaus Prettner. This book was released on 2020-06-19. Automation and Its Macroeconomic Consequences available in PDF, EPUB and Kindle. Automation and Its Macroeconomic Consequences reveals new ways to understand the economic characteristics of our increasing dependence on machines. Illuminating technical and social elements, it describes economic policies that could counteract negative income distribution consequences of automation without hampering the adoption of new technologies. Arguing that modern automation cannot be compared to the Industrial Revolution, it considers consequences of automation such as spatial patterns, urbanization, and regional concerns. In touching upon labor, growth, demographic, and policy, Automation and its Macroeconomic Consequences stands at the intersection of technology and economics, offering a comprehensive portrait illustrated by empirical observations and examples. - Introduces formal growth models that include automation and the empirical specifications on which the data-driven results rely - Focuses on formal modeling, empirical analysis and derivation of evidence-based policy conclusions - Considers consequences of automation, such as spatial patterns, urbanization and regional concerns
The Economics of Artificial Intelligence
The Economics of Artificial Intelligence - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economics of Artificial Intelligence write by Ajay Agrawal. This book was released on 2024-03-05. The Economics of Artificial Intelligence available in PDF, EPUB and Kindle. 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.
The Future Impact of Automation on Workers
The Future Impact of Automation on Workers - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future Impact of Automation on Workers write by Wassily Leontief. This book was released on 1986-01-16. The Future Impact of Automation on Workers available in PDF, EPUB and Kindle. While the computer revolution has created hundreds of thousands of new jobs, it has threatened as many other jobs with obsolescence and has often caused the displacement of workers by computer-based machines. Here, Nobel Prize-winning economist Wassily Leontief and Faye Duchin use the input-output approach, a method that has been widely applied in examining structural economic change, to analyze the complex issues surrounding the impact of computer-driven automation on employment. Following a general discussion of the impact of automation on employment, they focus on four specific sectors within the economy--manufacturing, office work, education, and health care. The input-output approach makes it possible to draw conclusions regarding both overall employment and the prospects for individual occupations. Taking account of the increased need for workers in the production of computer-based equipment, the authors conclude that by the year 2000 automation will not cause dramatic unemployment if the economy is able to achieve a smooth transition from the old to new technologies.
Digitalization and the Future of Work
Digitalization and the Future of Work - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Digitalization and the Future of Work write by Melanie Arntz. This book was released on 2019. Digitalization and the Future of Work available in PDF, EPUB and Kindle. Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex tasks are automatable at a precision which seemed infeasible only few years ago. The examples range from voice and image recognition, playing Go, to self-driving vehicles. Machines are able to perform more and more manual and also cognitive tasks that previously only humans could do. As a result of these developments, some argue that large shares of jobs are "at risk of automation", spurring public fears of massive job-losses and technological unemployment. This chapter discusses how new digital technologies might affect the labor market in the near future. First, the chapter discusses estimates of automation potentials, showing that many estimates are severely upward biased because they ignore that workers in seemingly automatable occupations already take over hard-to-automate tasks. Secondly, it highlights that these numbers only refer to what theoretically could be automated and that this must not be equated with job-losses or employment effects - a mistake that is done often in the public debate. Thirdly, the chapter develops scenarios on how digitalization is likely to affect the German labor market in the next five years and derives implications for policy makers on how to shape the future of work. Germany is an interesting case to study, as it is a developed country at the technological frontier. In particular, the main challenge will not be the number, but the structure of jobs and the corresponding need for supply side adjustments to meet the shift in demand both within and between occupations and sectors.
The Economic and Social Consequences of Automation
The Economic and Social Consequences of Automation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economic and Social Consequences of Automation write by Friedrich Pollock. This book was released on 1957. The Economic and Social Consequences of Automation available in PDF, EPUB and Kindle.
