Robotic Development How Influence Economic Changes

Download or read book Robotic Development How Influence Economic Changes written by Johnny Ch LOK and published by . This book was released on 2021-07-02 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁ How manufacturers to raise efficiency in order to improve economic growth in possible to apply manufacturing robots to improve help economic growth (AI) can be defined as the capability of a machine to imitate intelligent human behavior. If AI can imitate any talent humans to learn how to improve their behaviors, e.g. manufacturing industry worker behavior improves to raise GDP growth or productive number grows rapidly . Can artificial intelligence being labour to become automated? Allows an ever-in-to increasing number of tasks previously performed by human labour to become automated in the ordinary production of goods and services process. Can (AI) create new ideas and technologies to help businessmen to solve complex problems and improve automation in the production of goods and services. The question concerns how (AI) manufacturing technology can impact economic growth? (AI)'s new form of automation live, self-driving cars, or they may bring high levels of skill,such as legal services, radiology, and some forms of scientific lab-based research. Can it allow our societies be impacted on economic growth, due to automation to disicipline our modeling of AI. In fact, AI automation to production of new ideas to future any industrial manufacturing process. It can influence to market structure, organization restructure, reallocation and wage inequality. So, discovering to AI automation can help future any organizations need to change existing task or discovering new tasks that can be used in production a reflects the fraction of tasks that have been automated. It brings automating old tasks when automated could be constant, leading a stable , capital share and a stable growth rate. Hence, in long term, AI automation manufacturing technology may help businessmen to reduce large manufacturing cost in order to achieve stable micro economic benefit to them when they can apply AI automation manufacturing technologies to improve their productivities in efficient manufacturing method. For Coca Cora soft drink example, if Coca Cora applies AI automation to raise its productive soft drinks number. Then , it can manufacture many soft drinks number in short time per day. Then, its sale number can be increased, when it has enough number to supply to global to sell its soft drink. Consequently, soft drink sale number must grow rapidly significantly. The fact that automated goods are produced with cheap capital , but it can also help business to raise production number significantly . How this superintelligence affect the economy? It seems physical tasks are essential to producing output, but when the manufacturer applies robotics to help production . Then, employees number may reduce, due to robotic participation, wages expenditure may reduce , but production number may increase . So, AI increases the motivation at physical tasks. Hence, AI must may bring production growth innovation incentives to any manufacturers. Finally, with imitation and learning being performed mainly by super machine in developed economies. Then , research labor would become devoted to product innovations increasing product variety or inventing new products ( new product lines), to replace existing products.