ABSTRACT. This article reviews and advances existing literature concerning the power of human–machine collaboration. Using and replicating data from Accenture, BBC, CellStrat, eMarketer, Frontier Economics, MIT Research Report, Morar Consulting, PwC, and Squiz, we performed analyses and made estimates regarding the impact of artificial intelligence (AI) on industry growth: real annual GVA growth by 2035 (%), how AI could change the job market: estimated net job creation by industry sector (2017–2037), reasons given by global companies for AI adoption, and leading advantages of AI for international organizations.
JEL codes: E24; J21; J54; J64
Keywords: artificial intelligence; business automation; smart economy; human labor
How to cite: Bolton, Charlynne, Veronika Machová, Maria Kovacova, and Katarina Valaskova (2018). “The Power of Human–Machine Collaboration: Artificial Intelligence, Business Automation, and the Smart Economy,” Economics, Management, and Financial Markets 13(4): 51–56.
Received 18 April 2018 • Received in revised form 22 August 2018
Accepted 25 August 2018 • Available online 10 December 2018
doi:10.22381/EMFM13420184