Question

In: Economics

Would you expect technological change and artificial intelligence to increase the level of unemployment? Explain 2...

Would you expect technological change and artificial intelligence to increase the level of unemployment? Explain 2 factors that might lessen the effect on unemployment?      2 Marks

Solutions

Expert Solution

yes, I expect technological change and artificial intelligence to increase the level of unemployment by why that explained above.

Rahul Sunny answered 11 months ago
Next > < Previous

Related Solutions

Explain the Artificial Intelligence in Accounting?
Explain the Artificial Intelligence in Accounting?
You should read this question as if the change giver is an artificial intelligence-based bank teller...
You should read this question as if the change giver is an artificial intelligence-based bank teller who has to give amounts of money to customers by automatically working out the amounts. You are asked to write a modular solution (algorithm and C program) that will accept an integer value in the range of 5-95 inclusive. Your solution should also ensure that input values are in multiples of 5. Based on valid input, your solution should calculate how many coins of...
Artificial Intelligence and Cognitive Psychology How can you engineer human emotion in artificial intelligence? Do not...
Artificial Intelligence and Cognitive Psychology How can you engineer human emotion in artificial intelligence? Do not copy and paste from other websites without giving credit or putting things in quotes. For example, don't say it is possible to engineer human emotion by using engineering principles. What kind of engineering principles? How does engineering even come into the picture?
Research Essay Question As technological advances and artificial intelligence play an increasingly prominent role in modern...
Research Essay Question As technological advances and artificial intelligence play an increasingly prominent role in modern organisations, is Taylor's Scientific Management more or less relevant today and into the future than it was in the 20th century? Your answer to this question should be based on your research and should be supported by relevant examples.
1)  What should be the definitions of “intelligence” and “artificial intelligence” 2) Can machines think?
1)  What should be the definitions of “intelligence” and “artificial intelligence” 2) Can machines think?
“YOU’RE THE ECONOMIST: What Kind of Unemployment Do Robots and Artificial Intelligence Cause?” in Chapter 16....
“YOU’RE THE ECONOMIST: What Kind of Unemployment Do Robots and Artificial Intelligence Cause?” in Chapter 16. After reading the case, discuss the following questions: (1) What type of unemployment does technological development cause? Explain. (2) What solution would you propose for any worker threatened by new technologies? (3) Can you think of any public policies that might help offset this unemployment?
In Artificial intelligence: 3.3. What are the problems of global searches? Explain.
In Artificial intelligence: 3.3. What are the problems of global searches? Explain.
In artificial intelligence: 3.4. What are the problems of local searches? Explain.
In artificial intelligence: 3.4. What are the problems of local searches? Explain.
what would be an example model for artificial intelligence to treat pancreatic cancer ?
what would be an example model for artificial intelligence to treat pancreatic cancer ?
How this would change interest rate, investment, AD, GDP, Unemployment and price level?
Assume COVID-19 causes people to keep more cash in checking accounts rather than financial markets. How this would change interest rate, investment, AD, GDP, Unemployment and price level?
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT