2022
DOI: 10.4324/9781003275534
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Robots and AI

Abstract: Robots and artificial intelligence (AI) are powerful forces that will likely have large impacts on the size, direction, and composition of international trade flows. This book discusses how industrial robots, automation, and AI affect international growth, trade, productivity, employment, wages, and welfare. The book explains new approaches on how robots and artificial intelligence affect the world economy by presenting detailed theoretical framework and country-specific as well as firm-product level-specific … Show more

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Cited by 8 publications
(4 citation statements)
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“…Various technological advancements have vastly revolutionized the production process of goods, business operation, how and what we trade, and how people live. Artificial intelligence (AI) advancement has increased the production and use of industrial robots that are capable of handling intricate tasks, while also being cost-effective (Ing and Grossman 2023). ASEAN has a huge opportunity to keep its main role in the digital era since its access to the internet in the region grows along the time, from 24.6 internet subscribers per 100 persons in 2021 to 79.5 persons per 100 persons in 2021.…”
Section: The Growing Influence Of Middle-power Countriesmentioning
confidence: 99%
See 1 more Smart Citation
“…Various technological advancements have vastly revolutionized the production process of goods, business operation, how and what we trade, and how people live. Artificial intelligence (AI) advancement has increased the production and use of industrial robots that are capable of handling intricate tasks, while also being cost-effective (Ing and Grossman 2023). ASEAN has a huge opportunity to keep its main role in the digital era since its access to the internet in the region grows along the time, from 24.6 internet subscribers per 100 persons in 2021 to 79.5 persons per 100 persons in 2021.…”
Section: The Growing Influence Of Middle-power Countriesmentioning
confidence: 99%
“…The negative effects of the impacts of advanced technologies such as robots, AI, and digital technologies can be found inKleinman and Vallance (2023),Ing and Grossman (2023), and Acemoglu (2021) 3. Developing countries are defined based on a distinction between developing countries and developed regions that was commonly used in the past.…”
mentioning
confidence: 99%
“…Due to these differences, AI may deliver stronger and more imminent productivity growth in developed rather than developing countries, but labour market disruptions are also likely to be larger. 59 These issues have spurred a strand of research on the ethics of AI-based or AI-assisted recruitment (Mujtaba and Mahapatra, 2019 [205]; Hunkenschroer and Luetge, 2022 [206]). 60 https://oecd.ai/en/data?selectedArea=investments-in-ai-and-data&selectedVisualization=vc-investments-in-ai-bycountry…”
Section: Ai's Impact Across Countriesmentioning
confidence: 99%
“…Currently, an increasingly popular way to optimize the work cycle in enterprises and production plants is the use of new technologies and IT tools to support company employees in their daily duties through the use of automation and robotization solutions. Robotics makes it possible to transfer repetitive activities from human employees to robots while allowing to shorten the overall time of process implementation and reducing costs and the number of production defects [36]. Enterprises that want to maintain a good position in the market and gain new contractors must strengthen their image, especially with regard to future prospects [37].…”
Section: Introductionmentioning
confidence: 99%