Robot Ethics and the Innovation Economy

Robot Ethics and the Innovation Economy
Author: Jon-Arild Johannessen
Publsiher: Routledge
Total Pages: 203
Release: 2021-06-16
Genre: Business & Economics
ISBN: 9781000398595

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This book provides an authoritative resource on the topic of intelligent robots, artificial intelligence and the ethical implications of these revolutionary innovations. It examines the moral and ethical problems that arise in relation to the development, design and use of intelligent robots, which are capable of autonomous or semi-autonomous decision-making. These problems might relate, for example, to medical robots, driverless cars, intelligent military drones, pedagogical robots, police robots, legal robots and many others. The main question addressed in this book is how we can understand, explain and apply the concept of ethics in relation to intelligent robots and artificial intelligence. In each chapter, the author examines a different aspect of this question. The author also questions how we can ensure that intelligent robots are of service to humans and under what conditions intelligent robots could become more ethical than humans. The book employs an original approach to examining this cutting-edge research question, combining different research areas, and offers a wealth of practical relevance and real-world examples, illustrated through vivid case studies. With its jargon free approach and a dedicated chapter on relevant concepts at the end, this book is also accessible to readers without prior knowledge on intelligent robots and the Fourth Industrial Revolution. By providing a general account of this debate, and of the consequences of the innovations resulting from these trends, the book serves as an important contribution to the discussion and will find a natural readership among scholars and students of the innovation economy and those concerned with the ethical considerations arising in the wake of the Fourth Industrial Revolution

Automation Innovation and Work

Automation  Innovation and Work
Author: Jon-Arild Johannessen,Helene Sætersdal
Publsiher: Routledge
Total Pages: 283
Release: 2020-03-11
Genre: Business & Economics
ISBN: 9781000051612

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Artificial intelligence will not necessarily create a super-intelligent “human robot”; however, it is very probable that intelligent robots and intelligent informats will bring about a form of super-globalization, in which money and goods are prioritized over people and democracy and where the widespread use of casual labour – that is, short-term contracts – will become the most common form of employment relationship. It is also very likely that artificial intelligence will bring about what is known as singularity. This term is used to describe a situation where intelligent robots, from a rational and logical perspective, are smarter than humans, i.e. the development of AI. This book explores the impact that these intelligent robots and intelligent informats will have on social and societal development. The author tackles the question of singularity from three distinct standpoints: technological singularity – the intelligence of machines compared to that of humans – which he argues will bring about a qualitatively new labour market; economic singularity – the consequences for work relationships, value creation and employment – which he asserts will promote full automation, result in precarious contracts with low salaries, and, in some countries, possibly lead to the introduction of a universal basic income; and social singularity – the consequences of technological and economic singularity for democratic processes, bureaucratic procedures for exercising authority and control, and the direction in which society will develop, in addition to the emergence of new social institutions – which Johannessen says will promote a transition from representative democracy to genuine democracy. The book will appeal to academics, researchers and students of economic sociology and political economy, as well as those focusing upon the emerging innovation economy. It will also find an audience among professionals and policymakers keen to understand the impact the Fourth Industrial Revolution will have on organizations, individuals and society at large.

China s Innovation Economy

China s Innovation Economy
Author: Jon-Arild Johannessen
Publsiher: Routledge
Total Pages: 181
Release: 2021-09-30
Genre: Business & Economics
ISBN: 9781000454826

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Two trends will have more influence than anything else on the world’s future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage. This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe. The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competence in particular, and China’s primary goal is to develop artificial intelligence and intelligent robots. Further, the book posits that the interactions between the climate crisis and the new technology will change production, distribution and the creation of profits, both in China and more widely in the global innovation economy. The book develops a structure to describe, analyze and explain the Chinese innovation economy and contributes to the discussion regarding technological developments in China. The book is written for readers who are oriented towards the new globalization that is emerging in the innovation economy and the factors driving China's economic growth.

Digital Transformation and Ethics

Digital Transformation and Ethics
Author: Peter G. Kirchschlaeger
Publsiher: Nomos Verlag
Total Pages: 537
Release: 2021-05-28
Genre: Social Science
ISBN: 9783845285504

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Dieses Buch diskutiert die Digitalisierung, Robotisierung und Automatisierung der Gesellschaft und Wirtschaft und den Einsatz von künstlicher Intelligenz aus einer ethischen Perspektive. Nach einer Einleitung zur Beziehung zwischen Moral und Technologie und einer Bewertung der Moralfähigkeit von Technologien führt das Buch ethische Prinzipien ein, die der ethischen Beurteilung der digitalen Transformation der Gesellschaft und Wirtschaft zugrunde liegen. Anschließend werden Chancen und Herausforderungen der digitalen Transformation aus einer ethischen Sicht analysiert. Schließlich werden hinsichtlich der Herausforderungen ethische Lösungsansätze entwickelt. Einer der Forschungsschwerpunkte von Peter G. Kirchschläger (Ordinarius für Theologische Ethik und Leiter des Instituts für Sozialethik ISE an der Universität Luzern; zuvor Visiting Fellow an der Yale University) liegt auf der Ethik der Digitalisierung, Robotisierung, Automatisierung und künstlichen Intelligenz.

Feudal Capitalism and the Innovation Economy

Feudal Capitalism and the Innovation Economy
Author: Jon-Arild Johannessen
Publsiher: Taylor & Francis
Total Pages: 281
Release: 2023-06-05
Genre: Business & Economics
ISBN: 9781000886238

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In feudal society, it was the few at the top who laid the ground for what was produced, how it was produced and how it was distributed. Freedom was restricted, and people were kept in their place by institutional structures. In capitalism, the focus is on free markets, free trade, and a personal freedom, where self-interest is assumed to lead to progress for the collective good. In today’s world, there is a move towards algorithmic capitalism at the micro-level, platform capitalism at the meso-level, and feudal capitalism at the macro-level. This is the new and innovative concept developed in this book. The author argues that feudal capitalism is distinct but linked to the innovation economy, and represents an interconnection between the organization of feudal society and central aspects of capitalism. Additionally, he asserts that the balance between feudal capitalism and a reinvented, sustainable capitalism based on the innovation economy, can help restore the moral compass lost in the evolution of global capitalism. The key argument of the book is that even if we see a development towards feudal capitalism, a more just and moral capitalism can be restored through various social mechanisms such as changes in the institutional framework, the development of a balanced form of globalization and re-establishing social cohesion and equality of opportunity. Further, the book offers policy interventions to support this idea. The book will find an audience among scholars and researchers of political economy, political theory, economic history, management, AI and ethics, philosophy and automation, inequality and equality of opportunity

Industrial Revolution 4 0

Industrial Revolution 4 0
Author: Stanisław Mazur
Publsiher: Taylor & Francis
Total Pages: 261
Release: 2022-09-28
Genre: Business & Economics
ISBN: 9781000646115

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The radical transformations to which the economy and society have been subjected for decades have gained momentum in recent years, not least because of the coronavirus pandemic, the consequences of which are yet to be fully understood. As a result, certain economic models and business practices are becoming less sustainable. One of the reasons for this is the rapid advance of Revolution 4.0. The issues raised in this book are central to understanding the theoretical and practical aspects of the Fourth Industrial Revolution and its overwhelming impact on emerging socio-economic relations. The book addresses the future and flexibility of the labour market in the era of digital transformation; issues related to the emergence of new patterns of production and the distribution of public services. It examines the impact of Revolution 4.0 on the global business services sector and business project management models, in times of increasing complexity. The book covers a broad spectrum of concerns associated with Industry 4.0, such as social, economic, technological, and environmental, making it a comprehensive resource offering state-of-the-art knowledge. Further, it includes a discussion on the perspectives for the development of Revolution 4.0 in the context of the post-pandemic world. This book skillfully combines theoretical considerations with practical applications, offering a valuable, engaging and accessible resource for researchers, scholars, students, policymakers, public decision-makers, and businesspeople alike.

The Political Economy of Digital Ecosystems

The Political Economy of Digital Ecosystems
Author: Meelis Kitsing
Publsiher: Routledge
Total Pages: 123
Release: 2021-08-18
Genre: Business & Economics
ISBN: 9781000428254

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This book connects political economy perspectives with scenario planning for mapping out future trajectories of digital ecosystems. The focus is purposefully on digital ecosystems as it encompasses economic, political and social contexts on a global, national and local level. The diversity of political economy approaches allows the author to explore alternative meanings of digital ecosystem development, which is particularly useful for envisioning alternative futures. Often visions about the future of digital ecosystems suffer from a lack of imagination and confirmation bias which is favorable to the extrapolation of current trends. A wide range of political economy perspectives applied through positivist theorizing in this book shows different interpretations of developments in digital ecosystems. Scenario planning teams around the world have applied a collective imagination to show how future trajectories can be radically different from the current trends. The book outlines meta-scenarios for alternative futures of the political economy of digital ecosystems by reviewing and synthesizing the work of foresight teams. These meta-scenarios served as insights for developing four scenarios for European digital ecosystems through the workshops with high-level executives and experts. The scenarios identified the nature of EU cooperation and the development of digital infrastructure as key drivers. These four scenarios developed in the workshops are further operationalized in a specific context by exploring the implications for Estonia as well as for Chinese investments in European platforms. This exercise shows how scenarios of digital ecosystems can be used for stress-testing decisions and strategies. Decision-makers, students, scholars and other stakeholders in a wide range of industries ranging from academia to ride-sharing can use the scenarios for reframing different development trajectories and future-proofing their strategies. The scenarios can be further developed and modified for specific purposes and contexts as they are not written in stone.

The Economics of Digital Transformation

The Economics of Digital Transformation
Author: Katarzyna Śledziewska,Renata Włoch
Publsiher: Routledge
Total Pages: 176
Release: 2021-08-01
Genre: Business & Economics
ISBN: 9781000423358

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The unprecedented Covid-19 crisis revealed the scale and scope of a new type of economy taking shape in front of our very eyes: the digital economy. This book presents a concise theoretical and conceptual framework for a more nuanced analysis of the economic and sociological impacts of the technological disruption that is taking place in the markets of goods and services, labour markets, and the global economy more generally. This interdisciplinary work is a must for researchers and students from economics, business, and other social science majors who seek an overview of the main digital economy concepts and research. Its down-to-earth approach and communicative style will also speak to businesses practitioners who want to understand the ongoing digital disruption of the market rules and emergence of the new digital business models. The book refers to academic insights from economics and sociology while giving numerous empirical examples drawn from basic and applied research and business. It addresses several burning issues: how are digital processes transforming traditional business models? Does intelligent automation threaten our jobs? Are we reaching the end of globalisation as we know it? How can we best prepare ourselves and our children for the digitally transformed world? The book will help the reader gain a better understanding of the mechanisms behind the digital transformation, something that is essential in order to not only reap the plentiful opportunities being created by the digital economy but also to avoid its many pitfalls. Chapters 1, 3 and 5 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.