Please help me make a summary post to the heading and the questions. Forum: Discussion Week 5: Growth and Innovation: Racing withMachines or Racing Against Machines 1. Most of the deployment of Al, robotics, and automated work processes occurs in advanced, high-income,post-industrial countries. Discuss what impacts and trends are detectable in terms of new products, higherproductivity levels, changes in workflows, and patterns of employment in specific industries/sectors due to Al-robotic deployments and automation processes in manufacturing sectors in an advanced country of yourchoice.2. Are workers being displaced in the sectors adopting Al, robotics, and automation relatively fast compared toyour country of choice? Can you find evidence supporting a decoupling between productivity, privateemployment, and real wages due to the advance of Al and robotics? Be specific and cite references.3. In developing and emerging market countries (middle-income and low-income), lesser-trained labor forcestend to be more common and the cost of labor tends to be much lower compared to high-income developedcountries. How do you think this revolution in Al and robotics will affect developing countries, will they beslower adopters or will they have no choice because many are becoming offshore centers of manufacturing andthe owners of these factories tend to be corporations from advanced countries? Many developing countries aredependent on the export of agricultural products and the extraction of minerals and natural resources. Do youthink these sectors will be penetrated with Al, robotics etc. fast or slowly? Use specific examples in specificcountries. Cite references.

Growth and innovation are fundamental concepts in business and economics. Growth refers to the…

Answered: Most of the deployment of Al, robotics,…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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