Robotization and Economic Development
- Length: 150 pages
- Edition: 1
- Language: English
- Publisher: Routledge India
- Publication Date: 2022-09-09
- ISBN-10: 0367356090
- ISBN-13: 9780367356095
- Sales Rank: #0 (See Top 100 Books)
This book critically examines the sweeping impacts of robotization and the use of artificial intelligence on employment, per capita income, quality of life, poverty and inequality in developing and developed economies.
It analyses the direct and indirect effects they have had and are projected to have on the labour markets and production processes in the manufacturing, healthcare and agricultural industries among others. The author explores comparisons of human labour with robotic labour emphasizing the changes that new technologies will bring to traditionally labour-intensive industries. Offering various insights into the effectiveness, benefits and negative implications of robotization on the economy, the book provides a comprehensive picture for policymakers to implement changes that embrace new technologies while meeting employment needs and development goals.
Topical and lucid, this book will be an essential read for scholars and researchers of science and technology studies, digital humanities, economics, labour studies, public policy, development studies, political studies and sociology as well as policymakers and others who are interested in these areas.
Cover Half Title Endorsement Page Title Page Copyright Page Table of Contents Preface and acknowledgements Chapter 1 A quick summary for the reader of forthcoming chapters Chapter 2 An introduction to robots and their economic significance Chapter 3 On how robotization has impacted production processes and the rudimentary economic implications of these impacts Chapter 4 Machine learning and the economy Chapter 5 The impact of robotization on the economy and the labour market: A look at theoretical and empirical studies Chapter 6 Managing the AI revolution through policy: A nuts-and-bolts approach Chapter 7 The immediate future in the light of Covid and the bottom line Reference list Index
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