The Fourth Industrial Revolution and the Development of Artificial Intelligence
In recent decades, rapid development of artificial intelligence (AI) and other new technologies, such as big data, cloud computation and Internet of Things (IoT), have produced huge impacts on human society. The purpose of this chapter is to discuss the impacts and challenges of the Fourth Industrial Revolution and AI on social, commercial and geopolitical structures. Specifically, this chapter will explain how AI and new industrial revolution redistribute wealth, power and jobs across firms, social classes and nations.
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