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Towards a Smart Automated Society: Cognitive Technologies, Knowledge Production, and Economic Growth

Towards a Smart Automated Society: Cognitive Technologies, Knowledge Production, and Economic Growth Following recent research on the impact of automation on employment, we have identified and provided empirical evidence on the relationship between cognitive technologies, knowledge production, and economic growth. Using and repli- cating data from Deloitte, Ericsson ConsumerLab, HBR.org, Statista, and Tractica, we performed analyses and made estimates regarding forecasted cumulative global artificial intelligence (AI) revenue (2016–2025), by use case, percentage of executives who mention numerous benefits of AI, business organizations’ reasons for adopting AI worldwide, and percentage who think AI help would be good in certain areas. JEL codes: E24; J21; J54; J64 Keywords: cognitive technology; knowledge production; economic growth http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

Towards a Smart Automated Society: Cognitive Technologies, Knowledge Production, and Economic Growth

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

Following recent research on the impact of automation on employment, we have identified and provided empirical evidence on the relationship between cognitive technologies, knowledge production, and economic growth. Using and repli- cating data from Deloitte, Ericsson ConsumerLab, HBR.org, Statista, and Tractica, we performed analyses and made estimates regarding forecasted cumulative global artificial intelligence (AI) revenue (2016–2025), by use case, percentage of executives who mention numerous benefits of AI, business organizations’ reasons for adopting AI worldwide, and percentage who think AI help would be good in certain areas. JEL codes: E24; J21; J54; J64 Keywords: cognitive technology; knowledge production; economic growth

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2019

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