How Artificial Intelligence Influences Consumer And Labor Market
Author | : Johnny Ch Lok |
Publisher | : Independently Published |
Total Pages | : 152 |
Release | : 2020-08-27 |
ISBN-10 | : 9798679891906 |
ISBN-13 | : |
Rating | : 4/5 (06 Downloads) |
Download or read book How Artificial Intelligence Influences Consumer And Labor Market written by Johnny Ch Lok and published by Independently Published. This book was released on 2020-08-27 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: What occupations will be influenced by (AI) technology.In the future, scientists predict that these occupations will be influenced by (AI) technology mostly. They include: retail salespeople, food and beverage service workers, language or translation teachers, health practitioners. Since these work activities have a more relevant occupations are made up of a range of activities with different potential for (AI) automation . For example, a retail salesperson will spend more time interacting with customers, stocking shelves, or ringing up sales. Each of these activities is distinct and requires different capabilities to perform successfully.Thus, these job activities have similar simple control characteristics. Simple activities include greet customers, answer questions about products and services, clean and maintain work areas, demonstrate product feature process sales and transactions. All these activities can have similar simple activities in order to (AI) machines can be learn how to do these activities from (AI) technology . For example, the capability perception includes sensory perception, cognitive capabilities, such as retrieving automation, recognizing known patterns( supervised learning), logical reasoning problem solving. Thus, (AI) machine is such human, which has feeling and emotion, such as social and emotional sensing, judgement reasoning methods, natural language understanding and physical capabilities, such as mobility, navigation, gross motor skill, fine motor skills. It seems that the future, (AI) human invents machines which will have these human characteristics to do human similar behavioral job duties more easily and efficiently. It implies these above human occupations will be replaced by (AI) human invention machines in the future. Due to (AI) creation, it is possible to cause unemployment number of these above workers will increase because (AI) machines can do their similar job behavioral activities.Consequently, employers won't need to employ many of these skillful labor. Otherwise, they can buy less number (AI) machines to attempt to do whose job activities more easily and efficiently. So, it seems (AI) machines will have more high work performance to replace these occupation workers' work performance. Finally, these occupation worker unemployment number will only increase when the (AI) machines had been invented to achieve to do their work behavioral activities absolutely success in the future.How can apply (AI) digital channel to predict consumer behaviors?(AI) digital channel can be applied to help businesses to evaluate whether how much the product price is the most attractive to persuade consumers feel it is the most reasonable price to sell. It helps consumers to feel which brands of products which ought change the price to let consumers to choose to buy the brand of product. It can be applied to predict whether how many consumer numbers can be increased or decreased when the brand of product's price is variable. It aims to give opinions to help any brand of product manufacturers or sellers to judge whether which price is the most reasonable to let consumers to accept to choose to buy the brand of product in popular.Thus, (AI) price measurement technology can be preference to be applied online communication ecommerce and mobile phone internet platform aspect. As businesses can enter their past products prices data and past customer number data into computer or mobile. Then, (AI) price measurement technology can gather these data to analyze these product prices and past customer number to compare their prices variable changing range level to find their price variable difference to measure to make conclusion about every product's price variable changing will influence how many customer number increase or decrease changing to choose to sell their different kinds of products more accurate.