My view examines whether robotic inventions can help employers improve efficiencies and raise productivities, thereby contributing to economic growth .
My opinion acknowledges that robots are being applied in various sectors, including hospitals (surgical equipment), hotels (food delivery, customer service), shopping centers (cleaning), education, warehouse logistics, and even restaurant kitchens . This widespread application suggests a potential for increased output and operational improvements across industries
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John Lok
I had graduated business Administration Science Degree in Common Wealth Open University.
Employment and Job Market Dynamics
A significant concern addressed by my view is the impact of robots and AI on the job market, particularly for low-skilled and low-educated workers .
My questions whether robots will replace humans in simple jobs, leading to a rise in unemployment rates . My notes that advances in AI technology are enabling robots to exceed human performance in an increasing number of tasks, such as image recognition .
This raises the critical question of whether certain human jobs will disappear. AI workers take over roles traditionally performed by humans . My view explores the potential for both advantages and disadvantages that robots bring to the human job market .
Societal Impact and Behavioral Economics
My work is rooted in behavioral economics, which allows him to analyze how psychological factors influence economic decision-making in the context of technological change .
My view investigates how cognitive biases and emotional influences affect individual and collective economic decisions, and how these factors shape market trends and consumer choices .
By understanding these elements, Lok aims to contribute to the discourse on how behavioral insights can inform better economic policies and practices in an increasingly automated world
My view also considers the broader societal implications, such as the progress in critical areas like health, education, energy, economic inclusion, social welfare, and the environment, which are all influenced by AI technology .
My writings also touch upon how technology influences human enjoyment and needs.
