Automation and Its Macroeconomic Consequences

Automation and Its Macroeconomic Consequences
Author: Klaus Prettner,David E. Bloom
Publsiher: Academic Press
Total Pages: 248
Release: 2020-06-19
ISBN 10: 0128180293
ISBN 13: 9780128180297
Language: EN, FR, DE, ES & NL

Automation and Its Macroeconomic Consequences Book Review:

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
Author: Ajay Agrawal,Joshua Gans,Avi Goldfarb
Publsiher: National Bureau of Economic Re
Total Pages: 648
Release: 2019
ISBN 10: 022661333X
ISBN 13: 9780226613338
Language: EN, FR, DE, ES & NL

The Economics of Artificial Intelligence Book Review:

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

The Future of Work

The Future of Work
Author: Darrell M. West
Publsiher: Brookings Institution Press
Total Pages: 219
Release: 2018-05-15
ISBN 10: 0815732945
ISBN 13: 9780815732945
Language: EN, FR, DE, ES & NL

The Future of Work Book Review:

Looking for ways to handle the transition to a digital economy Robots, artificial intelligence, and driverless cars are no longer things of the distant future. They are with us today and will become increasingly common in coming years, along with virtual reality and digital personal assistants. As these tools advance deeper into everyday use, they raise the question—how will they transform society, the economy, and politics? If companies need fewer workers due to automation and robotics, what happens to those who once held those jobs and don't have the skills for new jobs? And since many social benefits are delivered through jobs, how are people outside the workforce for a lengthy period of time going to earn a living and get health care and social benefits? Looking past today's headlines, political scientist and cultural observer Darrell M. West argues that society needs to rethink the concept of jobs, reconfigure the social contract, move toward a system of lifetime learning, and develop a new kind of politics that can deal with economic dislocations. With the U.S. governance system in shambles because of political polarization and hyper-partisanship, dealing creatively with the transition to a fully digital economy will vex political leaders and complicate the adoption of remedies that could ease the transition pain. It is imperative that we make major adjustments in how we think about work and the social contract in order to prevent society from spiraling out of control. This book presents a number of proposals to help people deal with the transition from an industrial to a digital economy. We must broaden the concept of employment to include volunteering and parenting and pay greater attention to the opportunities for leisure time. New forms of identity will be possible when the "job" no longer defines people's sense of personal meaning, and they engage in a broader range of activities. Workers will need help throughout their lifetimes to acquire new skills and develop new job capabilities. Political reforms will be necessary to reduce polarization and restore civility so there can be open and healthy debate about where responsibility lies for economic well-being. This book is an important contribution to a discussion about tomorrow—one that needs to take place today.

The Economic Singularity

The Economic Singularity
Author: Calum Chace
Publsiher: Three CS
Total Pages: 322
Release: 2016-07-18
ISBN 10: 9780993211645
ISBN 13: 099321164X
Language: EN, FR, DE, ES & NL

The Economic Singularity Book Review:

"Read The Economic Singularity if you want to think intelligently about the future." Aubrey de Grey Artificial intelligence (AI) is overtaking our human ability to absorb and process information. Robots are becoming increasingly dextrous, flexible, and safe to be around (except the military ones). It is our most powerful technology, and you need to understand it. This new book from best-selling AI writer Calum Chace argues that within a few decades, most humans will not be able to work for money. Self-driving cars will probably be the canary in the coal mine, providing a wake-up call for everyone who isn't yet paying attention. All jobs will be affected, from fast food McJobs to lawyers and journalists. This is the single most important development facing humanity in the first half of the 21st century. The fashionable belief that Universal Basic Income is the solution is only partly correct. We are probably going to need an entirely new economic system, and we better start planning soon - for the Economic Singularity! The outcome can be very good - a world in which machines do all the boring jobs and humans do pretty much what they please. But there are major risks, which we can only avoid by being alert to the possible futures and planning how to avoid the negative ones."

The Economics and Implications of Data

The Economics and Implications of Data
Author: Mr.Yan Carriere-Swallow,Mr.Vikram Haksar
Publsiher: International Monetary Fund
Total Pages: 51
Release: 2019-09-23
ISBN 10: 1513511432
ISBN 13: 9781513511436
Language: EN, FR, DE, ES & NL

The Economics and Implications of Data Book Review:

This SPR Departmental Paper will provide policymakers with a framework for studying changes to national data policy frameworks.

Automation Industrial Labor

Automation   Industrial Labor
Author: Julius Rezler
Publsiher: Unknown
Total Pages: 224
Release: 1969
ISBN 10:
ISBN 13: UOM:35128000916955
Language: EN, FR, DE, ES & NL

Automation Industrial Labor Book Review:

Japan

Japan
Author: International Monetary Fund. Asia and Pacific Dept
Publsiher: International Monetary Fund
Total Pages: 79
Release: 2018-11-27
ISBN 10: 1484386809
ISBN 13: 9781484386804
Language: EN, FR, DE, ES & NL

Japan Book Review:

This Selected Issues explores Japan’s experiences with past valued added tax (VAT) rate increases and discusses potential policy options to mitigate the economic impact of a third-rate increase. It assesses the impact on the Japanese economy and, where possible, provides some international context. Alongside possible mitigating policies, it also discusses the importance of policy commitment and credibility, and how they can influence the macroeconomic impact of tax rate changes. Carefully designing policy measures and communicating them clearly to the public are paramount to attenuate any negative outcomes in the short term. A simple, single-rate VAT would efficiently raise tax revenues and support the government’s objective of achieving fiscal consolidation in the medium term. Assuming underlying macroeconomic conditions are favorable, the October 2019 VAT rate increase could potentially have a smaller impact on the economy relative to that of 2014 for several reasons. In order to reduce policy uncertainty and alleviate any adverse impacts from the 2019 VAT rate increase, the authorities should clearly communicate the timing and content of associated mitigating measures.

Growth in a Time of Change

Growth in a Time of Change
Author: Hyeon-Wook Kim,Zia Qureshi
Publsiher: Brookings Institution Press
Total Pages: 374
Release: 2020-02-25
ISBN 10: 0815737769
ISBN 13: 9780815737766
Language: EN, FR, DE, ES & NL

Growth in a Time of Change Book Review:

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.

Bullshit Jobs

Bullshit Jobs
Author: David Graeber
Publsiher: Simon & Schuster
Total Pages: 368
Release: 2019-05-07
ISBN 10: 1501143336
ISBN 13: 9781501143335
Language: EN, FR, DE, ES & NL

Bullshit Jobs Book Review:

From bestselling writer David Graeber—“a master of opening up thought and stimulating debate” (Slate)—a powerful argument against the rise of meaningless, unfulfilling jobs…and their consequences. Does your job make a meaningful contribution to the world? In the spring of 2013, David Graeber asked this question in a playful, provocative essay titled “On the Phenomenon of Bullshit Jobs.” It went viral. After one million online views in seventeen different languages, people all over the world are still debating the answer. There are hordes of people—HR consultants, communication coordinators, telemarketing researchers, corporate lawyers—whose jobs are useless, and, tragically, they know it. These people are caught in bullshit jobs. Graeber explores one of society’s most vexing and deeply felt concerns, indicting among other villains a particular strain of finance capitalism that betrays ideals shared by thinkers ranging from Keynes to Lincoln. “Clever and charismatic” (The New Yorker), Bullshit Jobs gives individuals, corporations, and societies permission to undergo a shift in values, placing creative and caring work at the center of our culture. This book is for everyone who wants to turn their vocation back into an avocation and “a thought-provoking examination of our working lives” (Financial Times).

Economic Policy Crisis and Innovation

Economic Policy  Crisis and Innovation
Author: Maria Cristina Marcuzzo,Antonella Palumbo,Paola Villa
Publsiher: Routledge
Total Pages: 288
Release: 2019-11-21
ISBN 10: 1000751007
ISBN 13: 9781000751000
Language: EN, FR, DE, ES & NL

Economic Policy Crisis and Innovation Book Review:

This book is a Festschrift to Annamaria Simonazzi and embraces the themes that she has contributed to over the years through her insightful and inspiring works. It brings together contributions from a number of distinguished European economists, which pay tribute to her by engaging in a dialogue with her research, simultaneously reflecting on the process of growing economic disintegration in the European Union, its causes and its possible remedies. The book shows the deep interrelations between macroeconomic issues and the social sphere, and points to the need to rethink the very foundations of European economic policies as an effective antidote to growing imbalances and disintegration. In particular, the effects of austerity are assessed alongside the dimensions of inequality, gender discrimination, poverty, and unemployment, broadening the perspective also beyond the Eurozone. The authors envision a progressive society, in which investments in research and intelligent industrial policies govern the processes of technological change and drive the economy towards a more efficient and more equal model of development characterized by high productivity and high wages. While some chapters deal directly with policy issues, policy suggestions and proposals are scattered throughout the whole book. This volume will appeal to academics, economists, and policy-makers interested in understanding the policy response of European institutions to the challenges posed by both the Great Recession and subsequent developments in the European economies. The book is written in an engaging and accessible way, and the themes are broad enough to generate interest from the international public.

IUI 40 years 1939 1979

IUI 40 years  1939 1979
Author: Industriens utredningsinstitut (Sweden)
Publsiher: Unknown
Total Pages: 150
Release: 1980
ISBN 10: 9789172041325
ISBN 13: 9172041323
Language: EN, FR, DE, ES & NL

IUI 40 years 1939 1979 Book Review:

Annual Department of Defense Bibliography of Logistics Studies and Related Documents

Annual Department of Defense Bibliography of Logistics Studies and Related Documents
Author: United States. Defense Logistics Studies Information Exchange
Publsiher: Unknown
Total Pages: 329
Release: 1984
ISBN 10:
ISBN 13: MINN:31951T002489825
Language: EN, FR, DE, ES & NL

Annual Department of Defense Bibliography of Logistics Studies and Related Documents Book Review:

The Economic and Fiscal Consequences of Immigration

The Economic and Fiscal Consequences of Immigration
Author: National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Committee on National Statistics,Panel on the Economic and Fiscal Consequences of Immigration
Publsiher: National Academies Press
Total Pages: 642
Release: 2017-07-13
ISBN 10: 0309444454
ISBN 13: 9780309444453
Language: EN, FR, DE, ES & NL

The Economic and Fiscal Consequences of Immigration Book Review:

The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

The Security Economy

The Security Economy
Author: OECD
Publsiher: OECD Publishing
Total Pages: 158
Release: 2004-06-09
ISBN 10: 9264107746
ISBN 13: 9789264107748
Language: EN, FR, DE, ES & NL

The Security Economy Book Review:

With the market for security goods and services having expanded rapidly since 9/11, this study examines the potential costs of major disruptions, the trade-offs between tighter security and economic efficiency, and the implications of tighter security for privacy and other democratic liberties.

Technological Systems and Economic Performance The Case of Factory Automation

Technological Systems and Economic Performance  The Case of Factory Automation
Author: B. Carlsson
Publsiher: Springer Science & Business Media
Total Pages: 495
Release: 2012-12-06
ISBN 10: 9401101450
ISBN 13: 9789401101455
Language: EN, FR, DE, ES & NL

Technological Systems and Economic Performance The Case of Factory Automation Book Review:

In 1987 the Swedish National Board for Technical Development (STU, later becoming the Swedish National Board for Industrial and Technical Development, NUTEK) initiated a study of Sweden's Technological Systems and Future Development Potential. A comprehensive, interdisciplinary study was envisioned, yielding not only useful insight but also a permanent competence base for future analyses of technological systems and technology policy in Sweden. Three leading Swedish research institutes were invited to participate: the Industrial Institute for Economic and Social Research in Stockholm, the Department ofIndustrial Management and Economics at Chalmers University of Technology in Gothenburg, and the Research Policy Institute at the University of Lund. I was invited to direct the project. The project group decided to focus initially on a particular technological system, namely factory automation, to be followed by similar studies of other systems. Numerous publications have resulted from the project thus far. The current volume represents a summary of our work on factory automation. It consists of several original essays and of some previously published papers which have been edited, in some cases substantially, in order to form a comprehensive and coherent picture of a technological system. To our knowledge, this is the first in-depth analysis of a technological system designed as a component of a systematic study of technological systems more generally. At the time of this writing, three further studies on electronics and computers, pharmaceuticals, and powder technology are under way, to be published in a later volume.

Programmed Inequality

Programmed Inequality
Author: Marie Hicks
Publsiher: History of Computing
Total Pages: 352
Release: 2018-02-06
ISBN 10: 0262535181
ISBN 13: 9780262535182
Language: EN, FR, DE, ES & NL

Programmed Inequality Book Review:

In 1944, Britain led the world in electronic computing. By 1974, the British computer industry was all but extinct. Marie Hicks's Programmed inequality explores the story of labor feminization and gendered technocracy that undercut British efforts to computerize. Women were a hidden engine of growth in high technology from World War II to the 1960s. As computing experienced a gender flip, becoming male-identified in the 1960s and 1970s, labor problems grew into structural ones, and gender discrimination caused the nation's largest computer user - the civil service and sprawling public sector -- to make decisions that were disastrous for the British computer industry and the nation as a whole. Programmed inequality shows how the disappearance of women from the field has grave macroeconomic consequences for Britain, and why the United States risks repeating those errors in the twenty-first century.

Computer Integrated Manufacturing

Computer Integrated Manufacturing
Author: R.U. Ayres,R. Dobrinsky,W. Haywood,K. Uno,E. Zuscovitch
Publsiher: Springer
Total Pages: 516
Release: 1992
ISBN 10: 9780412404702
ISBN 13: 0412404702
Language: EN, FR, DE, ES & NL

Computer Integrated Manufacturing Book Review:

The Social and Economic Impact of New Technology 1978 84 A Select Bibliography

The Social and Economic Impact of New Technology 1978   84  A Select Bibliography
Author: Leslie Grayson
Publsiher: Springer Science & Business Media
Total Pages: 329
Release: 2012-12-06
ISBN 10: 1468482580
ISBN 13: 9781468482584
Language: EN, FR, DE, ES & NL

The Social and Economic Impact of New Technology 1978 84 A Select Bibliography Book Review:

Silicon chip technology; microprocessor technology; information technology; or quite simply new technology. These are some of the names representing the microelectronics revolution depending upon the audience being addressed by speaker or writer. No previous new industrial development has caused such widespread publicity and discussion amongst users and researchers as the new technology. Concern is being expressed about the effects of new technology on employment, job satisfaction, social life, leisure activities and the economics of commerce and industry. The late 70s saw many doom-laden predictions of those effects but by 1983 both management and trade unions were taking a more objective view of the social and economic impacts, and many correspondents now see the new technology as a means of opening up new industries and overcoming the effects of world recessions. The "chip" has involved the factory floor, the office, the supermarket and the home. Electronic funds transfer, electronic shopping, microelectronic domestic appliances, word processors and microprocessor-controlled machinery mean that the new technology has pervaded all aspects of social and economic life, and the developed countries are now coming to accept it as part of society as a whole. Inevitably the flood of literature on the social and economic impacts of new technology has been overwhelming. Unfortunately the quality of information and arguments propagated at conferences, in journal papers and research reports has indicated that there has been little quantifiable evidence available on the effects of these impacts.

Digitalization and the Future of Work

Digitalization and the Future of Work
Author: Melanie Arntz,Terry Gregory,Ulrich Zierahn
Publsiher: Unknown
Total Pages: 329
Release: 2019
ISBN 10:
ISBN 13: OCLC:1158313505
Language: EN, FR, DE, ES & NL

Digitalization and the Future of Work Book Review:

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.

International Labour Documentation

International Labour Documentation
Author: International Labour Office. Central Library and Documentation Branch
Publsiher: Unknown
Total Pages: 329
Release: 1965
ISBN 10:
ISBN 13: UCSD:31822037942521
Language: EN, FR, DE, ES & NL

International Labour Documentation Book Review: