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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... 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. JEL codes: E24; J21; J54; J64 Keywords: artificial intelligence; business automation; smart economy; human labor http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

THE POWER OF HUMAN–MACHINE COLLABORATION: ARTIFICIAL INTELLIGENCE, BUSINESS AUTOMATION, AND THE SMART ECONOMY

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
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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. JEL codes: E24; J21; J54; J64 Keywords: artificial intelligence; business automation; smart economy; human labor

Journal

Economics, Management, and Financial Markets – Addleton Academic Publishers

Published: Jan 1, 2018

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