Artificial Intelligence And Economic Sustainability In The Era Of Industrial Revolution 5 0

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Artificial Intelligence and Economic Sustainability in the Era of Industrial Revolution 5.0

Author : Abdalmuttaleb M. A. Musleh Al-Sartawi,Abulnaser Nour
Publisher : Springer
Page : 0 pages
File Size : 55,7 Mb
Release : 2024-06-02
Category : Technology & Engineering
ISBN : 3031565851

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Artificial Intelligence and Economic Sustainability in the Era of Industrial Revolution 5.0 by Abdalmuttaleb M. A. Musleh Al-Sartawi,Abulnaser Nour Pdf

Industry 5.0 has been dubbed as the digital revolution with a soul. This book incorporates a wealth of research which integrates artificial intelligence (AI) with economic sustainability and Industry 5.0. It examines the human-centricity of the upcoming digital revolution and the role of sustainable technologies in enhancing the livelihoods of workers, individuals, communities, and eventually societies. It provides insight on important areas related to artificial intelligence, sustainable development, and society 5.0. The chapters present a wide range of topics including block cipher, entrepreneurship and AI, AI and stock trading decisions, digital transformation, knowledge management, chatbot engineering, cybersecurity, and smart metering system. This book is beneficial to scholars and academics who will find in it the knowledge of the support of AI and its contribution to economic sustainability, and solutions to enhance human-centricity and resilience.

Industry 4.0 to Industry 5.0

Author : Susu Nousala
Publisher : Springer Nature
Page : 201 pages
File Size : 44,6 Mb
Release : 2024-06-26
Category : Electronic
ISBN : 9789819997305

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Industry 4.0 to Industry 5.0 by Susu Nousala Pdf

Responsible Industry 4.0

Author : David Mhlanga
Publisher : Unknown
Page : 0 pages
File Size : 42,6 Mb
Release : 2024
Category : Artificial intelligence
ISBN : 1032493550

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Responsible Industry 4.0 by David Mhlanga Pdf

"The growth of digital technologies and Artificial Intelligence (AI) has the potential to increase global wealth and tackle some of the world's most serious problems, including economic marginalization. In contrast, these innovations may contribute to widening economic gaps and potentially threaten the stability of democratic governments. Changes in economic growth and distribution are occurring in both developed and developing countries due to the impact that new technologies are having on businesses and the workplace. This book provides answers to the question of whether the technologies of the Fourth Industrial Revolution, such as Artificial Intelligence, will lead to greater economic uncertainty, environmental collapse, and social unrest or whether they will help achieve shared prosperity and sustainable development, and successively the Sustainable Development Goals (SDGs). The book focuses on Human-centered Artificial Intelligence (AI) and the responsible deployment of diverse technologies for achieving sustainable development. It examines why the human-centred approach is so crucial to long-term success. It underlines the definition of human-centred AI and its importance in creating sustainability and resilience. It starts with a comprehensive history of the Fourth Industrial Revolution, details how to produce artificial intelligence that is centred on humans in order to accomplish sustainable development in the era of the Fourth Industrial Revolution, and then goes on to discuss the need for proper management and governance of emerging technologies. The book ends by presenting a framework that will assist stakeholders in employing AI in a human-centred manner to achieve the sustainable development goals set for 2030. The book will appeal to scholars, academics and researchers interested in information linked to the SDGs, AI and industry 4.0"--

The Fourth Industrial Revolution

Author : Klaus Schwab
Publisher : Currency
Page : 192 pages
File Size : 41,6 Mb
Release : 2017-01-03
Category : Business & Economics
ISBN : 9781524758875

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The Fourth Industrial Revolution by Klaus Schwab Pdf

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.

Economics of the Fourth Industrial Revolution

Author : Nicholas Johnson,Brendan Markey-Towler
Publisher : Routledge
Page : 198 pages
File Size : 55,6 Mb
Release : 2020-10-25
Category : Business & Economics
ISBN : 9780429771705

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Economics of the Fourth Industrial Revolution by Nicholas Johnson,Brendan Markey-Towler Pdf

This book applies cutting-edge economic analysis and social science to unpack the rich complexities and paradoxes of the Fourth Industrial Revolution. The book takes the reader on a bold, refreshing, and informative tour through its technological drivers, its profound impact on human ecosystems, and its potential for sustainable human development. The overarching message to the reader is that the Fourth Industrial Revolution is not merely something to be feared or survived; rather, this dramatic collision of technologies, disciplines, and ideas presents a magnificent opportunity for a generation of new pioneers to rewrite "accepted rules" and find new avenues to empower billions of people to thrive. This book will help readers to discern the difference between disruption and transformation. The reader will come away from this book with a deeply intuitive and highly contextual understanding of the core technological advances transforming the world as we know it. Beyond this, the reader will clearly appreciate the future impacts on our economies and social structures. Most importantly, the reader will receive an insightful and actionable set of guidelines to assist them in harnessing the Fourth Industrial Revolution so that both they and their communities may flourish. The authors do not primarily seek to make prescriptions for government policy, but rather to speak directly to people about what they can do for themselves, their families, and their communities to be future-proofed and ready to adapt to life in a rapidly evolving world ecosystem.

The Technology Trap

Author : Carl Benedikt Frey
Publisher : Princeton University Press
Page : 488 pages
File Size : 46,5 Mb
Release : 2020-09-22
Category : Business & Economics
ISBN : 9780691210797

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The Technology Trap by Carl Benedikt Frey Pdf

From the Industrial Revolution to the age of artificial intelligence, Carl Benedikt Frey offers a sweeping account of the history of technological progress and how it has radically shifted the distribution of economic and political power among society's members. As the author shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population.These trends broadly mirror those in our current age of automation. But, just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. Benedikt Frey demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present. --From publisher description.

Artificial Intelligence-Augmented Digital Twins

Author : Abdalmuttaleb M. A. Musleh Al-Sartawi,Anas Ali Al-Qudah,Fadi Shihadeh
Publisher : Springer Nature
Page : 673 pages
File Size : 52,5 Mb
Release : 2024-01-19
Category : Technology & Engineering
ISBN : 9783031434907

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Artificial Intelligence-Augmented Digital Twins by Abdalmuttaleb M. A. Musleh Al-Sartawi,Anas Ali Al-Qudah,Fadi Shihadeh Pdf

Presently, we stand on the threshold of a technological revolution that will drastically change the way we live, work, and communicate with each other. By the current rate, scope, and complexity, this transformation will be as fundamental for society as any other technological paradigm change from the past. The industries which are more susceptible to change are technologically oriented industries including banking, finance, accounting, and auditing. One of the technological concepts of the technological revolution is the concept of the digital twin. The application of digital twins and AI as paired with Internet of Things technologies makes it possible to solve ESG problems on a completely different level (Li, 2019) for accounting firms and financial institutions. These include recycling on demand, rational energy consumption, smart surveillance cameras for crime tracking, and smart branch parking solutions, monitoring the wear and tear and conditions of financial technology infrastructures. Moreover, numerous researchers and practitioners emphasize the significance of innovating sustainable business models and operations (Geissdoerfer et al., 2018). The digital twin will allow businesses and financial institutions to minimize costs, boost customer service, and find new ways to generate revenue. DTW is accessible now more than ever, and many reputable and innovative companies such as Tesla, Ericsson, and Siemens have adopted it with varying success. Therefore, this book examines the opportunities, challenges, and risks of artificial intelligence-augmented digital twins for financial operations, innovation, and sustainable development. It focuses on AI and digital twin technologies to furnish solutions for the current industrial revolution including the Metaverse. Henceforth, this book aims to encourage authors to submit multi-disciplinary chapters indicating the current scholarly challenges about the applications and potential of artificial intelligence and digital twins in accounting, finance, and banking.

FinTech and Artificial Intelligence for Sustainable Development

Author : David Mhlanga
Publisher : Springer Nature
Page : 433 pages
File Size : 46,6 Mb
Release : 2023-07-24
Category : Business & Economics
ISBN : 9783031377761

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FinTech and Artificial Intelligence for Sustainable Development by David Mhlanga Pdf

This book investigates how smart technologies can play a crucial role in the achievement of the UN Sustainable Development Goals. Focusing on FinTech as well as artificial intelligence, the author demonstrates how one of the most effective strategies for accelerating progress toward global development goals is to make use of emerging technologies to broaden and deepen the scope of action. The first part of the book offers a historical perspective on sustainable development, financial technology and the emergence of the Fourth Industrial Revolution, while the second part looks in-depth at new technologies that can contribute to the realization of the SDGs. The power of AI to reduce poverty and increase food security, the implications of digital innovations for education, the impact of AI on clean transport, the role of FinTech in mitigating climate change, and ways in which AI can aid financial inclusion are all discussed.

Technological Progress, Artificial Intelligence, and Inclusive Growth

Author : Mr. Anton Korinek,Mr. Martin Schindler,Joseph Stiglitz
Publisher : International Monetary Fund
Page : 47 pages
File Size : 51,8 Mb
Release : 2021-06-11
Category : Business & Economics
ISBN : 9781513583280

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Technological Progress, Artificial Intelligence, and Inclusive Growth by Mr. Anton Korinek,Mr. Martin Schindler,Joseph Stiglitz Pdf

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.

Innovation, Automation and a Sustainable Economy

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 155 pages
File Size : 50,6 Mb
Release : 2024-04-03
Category : Business & Economics
ISBN : 9781040008744

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Innovation, Automation and a Sustainable Economy by Jon-Arild Johannessen Pdf

Economic inequality, the environmental crisis and the climate crisis are systemically linked. Accordingly, they should be understood as a single, interconnected system and strategies for resolving them should be guided by this understanding. This book demonstrates how the Green New Deal and its systemic alternative, the Red New Deal, could influence the course of these three global crises, all within the context of the Fourth Industrial Revolution. The author has developed several scenarios that are relevant to the automation that will result from advances in artificial intelligence and intelligent robots. The first is one of mass unemployment, while the second envisages low rates of unemployment, although workers will experience stagnation and then a decline in their wages. It is possible to envisage a different set of scenarios; however, we must replace the capitalist economic model with a different model: mutualism, a sustainable model that would allow for economic growth while also addressing the three current systemic crises. The author argues that if such a model is implemented, there will be jobs for everyone and the climate crisis will be tackled because people’s welfare will be prioritized over profit. We can assert that such a model will foster the development of economic equality. The basic premise of this mutual and sustainable economic model is that sustainability is in everyone’s interests. The book employs not only established and innovative methods, such as literature reviews, scenario thinking and historical methods, to underpin its arguments, but also conceptual generalization as an intellectual tool to tackle the general research problem; thus, it will be an invaluable resource for scholars and students of sustainability and the innovation economy.

New Technology for Inclusive and Sustainable Growth

Author : Elena I. Inshakova,Agnessa O. Inshakova
Publisher : Springer Nature
Page : 321 pages
File Size : 48,9 Mb
Release : 2022-03-04
Category : Technology & Engineering
ISBN : 9789811698040

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New Technology for Inclusive and Sustainable Growth by Elena I. Inshakova,Agnessa O. Inshakova Pdf

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.

The Economics of Artificial Intelligence

Author : Ajay Agrawal,Joshua Gans,Avi Goldfarb,Catherine Tucker
Publisher : University of Chicago Press
Page : 172 pages
File Size : 52,8 Mb
Release : 2024-03-05
Category : Business & Economics
ISBN : 9780226833125

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The Economics of Artificial Intelligence by Ajay Agrawal,Joshua Gans,Avi Goldfarb,Catherine Tucker Pdf

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.

Industrial Revolution 4.0

Author : Stanisław Mazur
Publisher : Taylor & Francis
Page : 239 pages
File Size : 48,7 Mb
Release : 2022-09-28
Category : Business & Economics
ISBN : 9781000646122

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Industrial Revolution 4.0 by Stanisław Mazur Pdf

The radical transformations to which the economy and society have been subjected for decades have gained momentum in recent years, not least because of the coronavirus pandemic, the consequences of which are yet to be fully understood. As a result, certain economic models and business practices are becoming less sustainable. One of the reasons for this is the rapid advance of Revolution 4.0. The issues raised in this book are central to understanding the theoretical and practical aspects of the Fourth Industrial Revolution and its overwhelming impact on emerging socio-economic relations. The book addresses the future and flexibility of the labour market in the era of digital transformation; issues related to the emergence of new patterns of production and the distribution of public services. It examines the impact of Revolution 4.0 on the global business services sector and business project management models, in times of increasing complexity. The book covers a broad spectrum of concerns associated with Industry 4.0, such as social, economic, technological, and environmental, making it a comprehensive resource offering state-of-the-art knowledge. Further, it includes a discussion on the perspectives for the development of Revolution 4.0 in the context of the post-pandemic world. This book skillfully combines theoretical considerations with practical applications, offering a valuable, engaging and accessible resource for researchers, scholars, students, policymakers, public decision-makers, and businesspeople alike.

The AI Economy

Author : Roger Bootle
Publisher : Nicholas Brealey
Page : 422 pages
File Size : 45,6 Mb
Release : 2019-11-26
Category : Business & Economics
ISBN : 9781473696204

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The AI Economy by Roger Bootle Pdf

Gold winner in Business Technology category, 2020 Axiom Business Book Awards Extraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time. A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future. Extraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time. A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future.