THE POWER OF HUMAN–MACHINE COLLABORATION: ARTIFICIAL INTELLIGENCE, BUSINESS AUTOMATION, AND THE SMART ECONOMY
THE POWER OF HUMAN–MACHINE COLLABORATION: ARTIFICIAL INTELLIGENCE, BUSINESS AUTOMATION, AND THE SMART ECONOMY
Author(s): Charlynne Bolton, Veronika Machová, Mária Kováčová, Katarína ValáškováSubject(s): Business Economy / Management, Human Resources in Economy
Published by: Addleton Academic Publishers
Keywords: artificial intelligence; business automation; smart economy;human labor costs;
Summary/Abstract: This article reviews and advances existing literature concerning the power of human–machine collaboration. Using and replicating data from Accenture, BBC, CellStrat, eMarketer, Frontier Economics, MIT Research Report, Morar Consulting, PwC, and Squiz, we performed analyses and made estimates regarding the impact of artificial intelligence (AI) on industry growth: real annual GVA growth by 2035 (%), how AI could change the job market: estimated net job creation by industry sector (2017–2037), reasons given by global companies for AI adoption, and leading advantages of AI for international organizations.
Journal: Economics, Management, and Financial Markets
- Issue Year: 13/2018
- Issue No: 4
- Page Range: 51-56
- Page Count: 6
- Language: English
- Content File-PDF