Description: Transformation and the World Economy : Critical Factors and Sector-focused Mathematical Models, Hardcover by Rudskoi, Andrei (EDT); Akaev, Askar (EDT); Devezas, Tessaleno (EDT), ISBN 3030898318, ISBN-13 9783030898311, Like New Used, Free shipping in the US Nanotechnology, biotechnology, information technology, and cognitive sciences are contributing to the emergence of intelligent computers and robots with elements of artificial intelligence and intelligent machines. This book postulates that these developments are accelerating the technological substitution of jobs and the shift in labor demand towards high qualification levels, putting the jobs of lower-skilled labor at risk. The economy is poised to increase the demand for highly qualified specialists in STEM fields (scientific research, innovative technologies, engineering, and mathematics serving technologies). In addition, highly skilled robotics engineers, AI and machine learning specialists, and virtual and augmented reality architects will be required. This book, using sector-focused mathematical models, explores how the demand for specialized human capital will play a decisive role in increasing the efficiency and productivity of labor in the economy. Success is guaranteed to those entrepreneurs who manage to establish a successful process of interaction with intelligent machines, which will require a deep restructuring of the training system for the economy.
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Book Title: Digital Transformation and the World Economy : Critical Factors and Sector-Focused Mathematical Models
Number of Pages: Xii, 235 Pages
Language: English
Publisher: Springer International Publishing A&G
Publication Year: 2022
Topic: Economic History, Development / Economic Development, Management, International / General
Illustrator: Yes
Genre: Business & Economics
Item Weight: 19.1 Oz
Author: Askar Akaev
Item Length: 9.3 in
Book Series: Studies on Entrepreneurship, Structural Change and Industrial Dynamics Ser.
Item Width: 6.1 in
Format: Hardcover