The estimation by Frey and Osborne of the number of jobs at risk to be replaced by future computerisation, including advances in machine learning and mobile robotics, has attracted attention of the media and policy practitioners. On the other hand, Mokyr et al. However, we cannot deny the possibility that the impact of the Fourth Industrial Revolution is different from the past innovations. Against this background, we designed and conducted an original survey of Japanese firms to investigate the impact of AI and robotics see Morikawa for details.
Specifically, in late , we distributed the Survey of Corporate Management and Economic Policy to a variety of firms operating in both the manufacturing and service industries and obtained more than 3, responses.
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The survey inquiry was wide-ranging, but in this column we focus on the questions about the possible impact of AI and robotics on business and employment. Special attention is paid to the relationship between the skills of human resources and AI-related technologies. Responses regarding the impact of the development and diffusion of AI and robotics on future business were generally positive — positive responses Lessons learned from the IT Revolution are that firms with relatively low-skilled employees are likely to be affected negatively by the new industrial revolution, and those with highly skilled employees tend to reap benefits.
Firms expecting positive effects of AI and robotics on their business have significantly higher ratios of university graduates and employees with postgraduate degrees.
Conversely, the ratio of highly educated employees is lower among firms that anticipate a negative impact of AI and robotics on their employment. This technology-skill complementarity is confirmed by formal estimations controlling for other covariates including firm size and industry. The diffusion of AI and robots may further raise the return to higher education unless changes in the education system catch up with the technological progress.
In order to accelerate the development and diffusion of AI-related technologies and, at the same time, maintain employment opportunities, it is necessary to upgrade human capital, such as increasing the number of people with postgraduate education. Fernald, J.www.balterrainternacional.com/wp-content/2019-07-03/la-bandera-del-arco-iris.php
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Parker, and M. Chicago: University of Chicago Press, 1— Frey, C. Mokyr, J. Vickers, and N. Morikawa, M. This article is published in collaboration with VoxEU. The views expressed in this article are those of the author alone and not the World Economic Forum. I accept.
Japan’s historic opportunity to play peacemaker between the U.S. and Iran
Confrontation without dialogue could easily lead to an escalation. Thus, one hopes that Abe finds a possible point of discussion between the US and Iran, after speaking with Iranian leadership. Sense of fear. Even after the US withdrawal from the JCPOA, Tokyo has continuously expressed support for the nuclear accord as a valuable international non-proliferation agreement. Another area Japan might focus on is conveying existing concerns that are outside the scope of the JCPOA, in order to urge dialogue on those other issues.
By taking into consideration the concerns of all parties, the Tehran visit will certainly be a valuable step in the right direction not only for Japanese-Iranian relations, but also towards peace and stability in the Persian Gulf region. Published in collaboration with the Atlantic Council.
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The views expressed in this article are those of the author alone and not the World Economic Forum. I accept.
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Explore the latest strategic trends, research and analysis. Have you read? Published in collaboration with the Atlantic Council The views expressed in this article are those of the author alone and not the World Economic Forum. Featured: Iran View all.
Iraq must be allowed to stay neutral in any U.