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The Impact of Automatic Control Research on Industrial Innovation Bring together the theory and practice of control research with this innovative overview Automatic control research focuses on subjects pertaining to the theory and practice of automation science and technology subjects such as industrial automation, robotics, and human???machine interaction. With each passing year, these subjects become more relevant to researchers, policymakers, industrialists, and workers alike. The work of academic control researchers, however, is often distant from the perspectives of industry practitioners, creating the potential for insights to be lost on both sides. The Impact of Automatic Control Research on Industrial Innovation seeks to close this distance, providing an industrial perspective on the future of control research. It seeks to outline the possible and ongoing impacts of automatic control technologies across a range of industries, enabling readers to understand the connection between theory and practice. The result is a book that combines scholarly and practical understandings of industrial innovations and their possible role in building a sustainable world. The Impact of Automatic Control Research on Industrial Innovation readers will also find: Insights on industrial and commercial applications of automatic control theory. Detailed discussion of industrial sectors including power, automotive, production processes, and more. An applied research roadmap for each sector. This book is a must-own for both control researchers and control engineers, in both theoretical and applied contexts, as well as for graduate or continuing education courses on control theory and practice.
The Impact of Automatic Control Research on Industrial Innovation Bring together the theory and practice of control research with this innovative overview Automatic control research focuses on subjects pertaining to the theory and practice of automation science and technology subjects such as industrial automation, robotics, and human???machine interaction. With each passing year, these subjects become more relevant to researchers, policymakers, industrialists, and workers alike. The work of academic control researchers, however, is often distant from the perspectives of industry practitioners, creating the potential for insights to be lost on both sides. The Impact of Automatic Control Research on Industrial Innovation seeks to close this distance, providing an industrial perspective on the future of control research. It seeks to outline the possible and ongoing impacts of automatic control technologies across a range of industries, enabling readers to understand the connection between theory and practice. The result is a book that combines scholarly and practical understandings of industrial innovations and their possible role in building a sustainable world. The Impact of Automatic Control Research on Industrial Innovation readers will also find: Insights on industrial and commercial applications of automatic control theory. Detailed discussion of industrial sectors including power, automotive, production processes, and more. An applied research roadmap for each sector. This book is a must-own for both control researchers and control engineers, in both theoretical and applied contexts, as well as for graduate or continuing education courses on control theory and practice.
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.
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.
A leading innovation scholar explains the growing phenomenon and impact of free innovation, in which innovations developed by consumers and given away “for free.” In this book, Eric von Hippel, author of the influential Democratizing Innovation, integrates new theory and research findings into the framework of a “free innovation paradigm.” Free innovation, as he defines it, involves innovations developed by consumers who are self-rewarded for their efforts, and who give their designs away “for free.” It is an inherently simple grassroots innovation process, unencumbered by compensated transactions and intellectual property rights. Free innovation is already widespread in national economies and is steadily increasing in both scale and scope. Today, tens of millions of consumers are collectively spending tens of billions of dollars annually on innovation development. However, because free innovations are developed during consumers' unpaid, discretionary time and are given away rather than sold, their collective impact and value have until very recently been hidden from view. This has caused researchers, governments, and firms to focus too much on the Schumpeterian idea of innovation as a producer-dominated activity. Free innovation has both advantages and drawbacks. Because free innovators are self-rewarded by such factors as personal utility, learning, and fun, they often pioneer new areas before producers see commercial potential. At the same time, because they give away their innovations, free innovators generally have very little incentive to invest in diffusing what they create, which reduces the social value of their efforts. The best solution, von Hippel and his colleagues argue, is a division of labor between free innovators and producers, enabling each to do what they do best. The result will be both increased producer profits and increased social welfare—a gain for all.
Industrial internet of things (IIoT) is changing the face of industry by completely redefining the way stakeholders, enterprises, and machines connect and interact with each other in the industrial digital ecosystem. Smart and connected factories, in which all the machinery transmits real-time data, enable industrial data analytics for improving operational efficiency, productivity, and industrial processes, thus creating new business opportunities, asset utilization, and connected services. IIoT leads factories to step out of legacy environments and arcane processes towards open digital industrial ecosystems. Innovations in the Industrial Internet of Things (IIoT) and Smart Factory is a pivotal reference source that discusses the development of models and algorithms for predictive control of industrial operations and focuses on optimization of industrial operational efficiency, rationalization, automation, and maintenance. While highlighting topics such as artificial intelligence, cyber security, and data collection, this book is ideally designed for engineers, manufacturers, industrialists, managers, IT consultants, practitioners, students, researchers, and industrial industry professionals.
Selected, peer reviewed papers from the 2014 International Conference on Manufacturing Technology and Electronics Applications (ICMTEA 2014), November 8-9, 2014, Taiyuan, Shanxi, China
Compilation of essays on the inter-relationship of industrial research for technological change and economic growth - covers innovation, investment in research, automation (incl. The effects thereof on leisure), etc., and includes a comparison of technical progress in Western Europe and in the USA. References and statistical tables.