I would like to start with an explanation of an English word. The word is - ‘LUDDITE’. The term is mainly used to refer to those who are afraid of new technology. But there is a history behind it. Around 1811-18 a group of garment workers in England set out to destroy new machinery in the face of unemployment. A young worker named Ned Luud started this revolution out of fear of the unemployment of skilled workers in a factory built primarily with automated machines. But the present world is proof that it has not been fruitful.So the Industrial Revolution, which began in the middle of the eighteenth century, reached its climax during the peaceful debate and arson movement on how good or bad it is for the world, and from its culmination began another new chapter, which we call the 'Artificial Intelligence Revolution'.
The main purpose of this article is to shed light on the various economic aspects of the last century to allay our concerns about how the development of artificial intelligence will change the economic balance of the world in the future. However, it would not be advisable to discuss anecdotal to express it. Rather, adequate data will help us to reach a conclusion.
In the aftermath of World War II, the number of job losses worldwide increased at an alarming rate. It can be said that the number of people who lost their jobs was the highest in Europe in 1945 before 2012. Although later the world was able to overcome its economic recession. Productivity and employment in Europe have grown at a parallel rate since 1953.
Europe's economic system in the middle of the twentieth century was the most favorable in terms of GDP (total market value of goods and services produced within a given period of time), labor productivity (goods or services produced in one hour's labor), income and employment as indicators of economic development of a state. . Which economists call the Great Coupling.
The matter is clearly understood by looking at the graph above. In 1953, the position of the aforementioned four indices indicates a point. That means the amount of coexistence here is maximum. But soon after, the relative positions of the four indicators began to change. And its dimensions were particularly noticeable in the late 1980s. Which is called the Great Decoupling Point.Notice that productivity and GDP are up (positive) but employment and income are down (negative). What could be the reason behind this discrepancy between wage reduction and increase in production?
Ang sistemang pang-ekonomiya ng Europa sa kalagitnaan ng ikadalawampu siglo ay ang pinaka-kanais-nais sa mga tuntunin ng GDP (kabuuang halaga ng merkado ng mga kalakal at serbisyo na ginawa sa loob ng isang naibigay na tagal ng panahon), pagiging produktibo ng paggawa (mga kalakal o serbisyong ginawa sa isang oras na paggawa), kita at trabaho bilang tagapagpahiwatig ng pagpapaunlad ng ekonomiya ng isang estado. . Aling mga ekonomista ang tumatawag sa Great Coupling.
Ang bagay ay malinaw na nauunawaan sa pamamagitan ng pagtingin sa grap sa itaas. Noong 1953, ang posisyon ng nabanggit na apat na mga indeks ay nagpapahiwatig ng isang punto. Nangangahulugan iyon na ang dami ng pamumuhay dito ay maximum. Ngunit sa lalong madaling panahon pagkatapos, ang mga kamag-anak na posisyon ng apat na tagapagpahiwatig ay nagsimulang magbago. At ang mga sukat nito ay partikular na kapansin-pansin sa huling bahagi ng 1980s. Na tinatawag na Great Decoupling Point. Pansinin na ang pagiging produktibo at GDP ay pataas (positibo) ngunit ang trabaho at kita ay mababa (negatibo). Ano ang maaaring dahilan sa likod ng pagkakaiba sa pagitan ng pagbawas ng sahod at pagtaas sa