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Subrat SaurabhAuthor of Kuch Woh Pal
Economic development is driven by man towards the goal of whose own choice. Such development is brought about through " economies of scope", which are achieved through organization and strategic management, ultimately expressed as technological investment. Economics is about the behavioral systems by which human organise production and consumption. As such, it obeys the rules of systems, which include time, information and energy. It also requires an appreciation that technological innovations to machine tools and computers have always been a part of the economic process, and can't be treated as variable factor, some kind of analytical optional extra. I shall explain why the success of technological innovation is central to economy.
Is (AI) production of factor technological innovation into the industrial base of new products or processes, including modifications to existing process equipment which significantly reduce its cost of operation? The physical difference between industrialised countries and the developed high (AI) production of factor technological countries is the technological hardware, i.e. the factories, distribution systems and all the fixed capital investment which have accumulated. technological innovation is really effort to influence our economic development nowadays.
John Lok
I had graduated business Administration Science Degree in Common Wealth Open University. Then, I concentrate on researching whether how economic changing environment can influence our behaviors, e.g. consumer behavior in behavioral economic view. I had researched different behavioral economic topics included how artificial intelligence influences economic environment changes, how artificial intelligence influences consumer behaviors, how disease influences traveler leisure psychology, how economic changing environment influences public transport passenger choice, how e-commerce market influences consumer behavior etc. different books are published. I hoped my readers can make accurate analysis to learn how and why the economic changing environment influences consumer behavior in behavioral economic view.
