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Artificial Intelligence Brings Global Economic Benefits

Artificial Intelligence Brings Global Economic Benefits

          
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About the Book

The range of (AI) technology's progress in the future will determine the economic impact future of (AI) technology on the global economy with more limited advances and applications ( i.e. weak (AI) only) corresponding to more limited economic impacts and more substantial progress, i.e. strong (AI) technology is corresponding to more significant economic impact. (AI) technology learning that automates analytical model, including predicting cause-and-effect relationship from biological data, identifying new drugs, self-driving cars and protecting against fraud etc. functions. Also (AI) learning can improve natural language processing that allows computers to continue to better analyze, understand and generate language to interface with human using the natural human language, virtual personal assistant, helps users by providing scheduling appointment, reminds organizing personal finance and finding providers of various services, machine vision allows (AI) machine man to identify object, scenes and activities in detect pedestrians and bicyclists.We expect the economic effects of (AI) technology to include both direct GDP growth from sectors that develop or manufacture (AI) technology and indirect GDP growth through increased productivity in existing sectors that employ some from of (AI) technology. If (AI) producing sectors could grow, then it could lead to increase revenues and employment of (AI) technological professionals within these existing firms as well as the potential creation of entirely new economic activities to any countries' societies productivity improvement in existing sectors could be realized through faster and move efficient processes and decision making as well as increased (AI) technological knowledge and access to information available in societies easily.In the future, if (AI) technology is an increasingly critical component of more products, it will become an integral part of necessary products of many people's lives. The extent of (AI)'s economy effort is also likely to vary from region to region, thought variation may be more dependent on the predominate economic activity of a region and the (AI) ability can influence economic activity, rather then the economic or developmental status of the regions. (AI) technology can move accessibility and can use source development to do international business between one country and another country. So (AI) technology has the potential to give benefits to different income chooses and to bring significant gains to both developed and developing countries. For agricultural technology, (AI) has the potential to optimize food production around the world by analyzing agricultural regions and identifying what is necessary to improve crop yield. In total, (AI) technology gives greater economic impact to any countries agricultural regions if which implemented (AI) technology to grow crop, fruit etc. food production in the farms.Investment in (AI) technology is such as capital investment to any countries' public or private enterprises. So, it will have large economic impact to the future . If the (AI) technology is reasonable invested to the different needs aspect by the public or private enterprises in the country. Then, it will have good economic impact to the country in the future. However, when (AI) technology is likely to affect both the productivity and employment components of economic growth in many sectors. Significant public debate has focused on projections of (AI)'s effect on the labor force. However, for instance, some researchers have argued that the rise of (AI) technology and automation will led to significant unemployment as capital is substituted for the low skillful labor.


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Product Details
  • ISBN-13: 9798589667035
  • Publisher: Amazon Digital Services LLC - KDP Print US
  • Publisher Imprint: Independently Published
  • Height: 280 mm
  • No of Pages: 240
  • Series Title: Robotic Social Influence
  • Weight: 779 gr
  • ISBN-10: 8589667030
  • Publisher Date: 02 Jan 2021
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 16 mm
  • Width: 216 mm


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