Don't fear AI (Volume 2)

Over the last decade, Europe and most advanced economies have experienced a decline in productivity, leading to political unrest and rising uncertainty about the future. A new production revolution, enabled in part by artificial intelligence (AI), is now emerging, bringing a new wave of technologies...

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Hovedforfatter: Atkinson, Robert
Format: Online
Sprog:engelsk
Udgivet: European Investment Bank 2021
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Online adgang:OCN: 1229534125
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author Atkinson, Robert
author_browse Atkinson, Robert
author_facet Atkinson, Robert
author_sort Atkinson, Robert
collection Directory of Open Access Books
description Over the last decade, Europe and most advanced economies have experienced a decline in productivity, leading to political unrest and rising uncertainty about the future. A new production revolution, enabled in part by artificial intelligence (AI), is now emerging, bringing a new wave of technologies, but there are widespread fears that these changes will also bring a big rise in unemployment as machines replace human beings in large numbers. History tells us that we should not be afraid of industrial change. AI will take over some tasks, but this will not happen all of a sudden and there will be plenty of work left for humans. Restricting or slowing down new technology will not help the world economy. Instead, nations need to help people adjust to more technically advanced jobs, while education should focus more on “21st century skills” such as teamwork and critical thinking. These are our next real challenges. This is the second essay in the Big Ideas series created by the European Investment Bank. The EIB has invited international thought leaders to write about the most important issues of the day. These essays are a reminder that we need new thinking to protect the environment, promote equality and improve people’s lives around the globe.
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spelling doab-20.500.12854ir-641592025-07-30T22:16:03Z Don't fear AI (Volume 2) Atkinson, Robert European Investment Bank Business & Economics Finance thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry Over the last decade, Europe and most advanced economies have experienced a decline in productivity, leading to political unrest and rising uncertainty about the future. A new production revolution, enabled in part by artificial intelligence (AI), is now emerging, bringing a new wave of technologies, but there are widespread fears that these changes will also bring a big rise in unemployment as machines replace human beings in large numbers. History tells us that we should not be afraid of industrial change. AI will take over some tasks, but this will not happen all of a sudden and there will be plenty of work left for humans. Restricting or slowing down new technology will not help the world economy. Instead, nations need to help people adjust to more technically advanced jobs, while education should focus more on “21st century skills” such as teamwork and critical thinking. These are our next real challenges. This is the second essay in the Big Ideas series created by the European Investment Bank. The EIB has invited international thought leaders to write about the most important issues of the day. These essays are a reminder that we need new thinking to protect the environment, promote equality and improve people’s lives around the globe. 2021-02-10T12:58:18Z 2021-03-20T04:33:19Z 2019 book OCN: 1229534125 https://library.oapen.org/handle/20.500.12657/47436 9789286143281 https://directory.doabooks.org/handle/20.500.12854/64159 eng open access image/png image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/47436/1/QH0319400ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47436/1/QH0319400ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47436/1/QH0319400ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47436/1/QH0319400ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47436/1/QH0319400ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47436/1/QH0319400ENN.en.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/939083 https://doi.org/10.2867/939083 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched 9789286143281 Knowledge Unlatched (KU) KU Open Services European Investment Bank open access
spellingShingle Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
Atkinson, Robert
Don't fear AI (Volume 2)
title Don't fear AI (Volume 2)
title_full Don't fear AI (Volume 2)
title_fullStr Don't fear AI (Volume 2)
title_full_unstemmed Don't fear AI (Volume 2)
title_short Don't fear AI (Volume 2)
title_sort don t fear ai volume 2
topic Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
topic_facet Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
url OCN: 1229534125
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