Contribution Of Artificial

Intelligence To The Economy

Presented By:

Pavan Kumar Doddi

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OUTLINE

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 INTRODUCTION

Artificial Intelligence ???

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Who is she?

Dion" robot from

China………..

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 Man Vs Machine !!

The X-1 is a high performance humanoid fighting robot for martial arts training, demonstration, and
entertainment. It consists of a mobile unit with 24 degrees of freedom connected by umbilicals to a large
compressor and a computer control cart. Many advanced performance and safety features are unique to the X-1.

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Globalization???

Allan Turing

Turing Test ?

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Chess Players Know The Answer…..

 Impact of AI on ECONOMY
 Economic approach to AI
 Resource allocation
 Rationality abstraction
 decentralization
 It will lead to expanding economy…
 Even that work can be done using AI… but not
necessarily!!!!!!
 AI is inexpensive going to be even more inexpensive..

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 Contd.

---There is no historical evidence that rapid productivity leads to

loss of jobs… ex: Developed nations… U.S banking…

---Problem is not in finding work…. Problem is in finding

mechanisms ….

---Converting into automated factories is an Herculean task..

---Not all people who are employed are required ----

U.S department of labor

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Artificial intelligence is itself developing in
to a new industry..

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 Contd.

Individuals and organizations have an abiding interest in AI for

several important reasons, including the following:

To preserve expertise that might be lost when an acknowledged

expert is unavailable.

To create organizational knowledge bases so that others may learn

from past problem-solving successes.

To help decision makers be consistent in their evaluation of complex

problems.

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 Contd.

Robot teams could contribute to manufacturing by operating in a dynamic

environment with minimal instrumentation, thus providing the benefits of
economies of scale. They could also participate in automating sophisticated
laboratory procedures that require sensing, manipulation, planning, and
transport.

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 AI affecting future economy!
Mr. R.C.Bhargav chairman of Maruti Suzuki India
Ltd.said “Robotics is the means to competitive
automation in india.Increase use of robotics and
automation can take the manifacture sector growth
upto 12-13% in the near future”.

 Honda , Toyota & Sony are putting great effort to the development of human
robots.
 Out of 11 robotics companies at the Robo expo 5 are indian companies.

(Robots: economic implication Apr 16-04;Machinist.in)

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 Robot industry to grow in the
next five years-Eric Chow

 The robotics industry yearly will see growth of 30% by 2012.

 Eric Chow (Taiwan society of manifacturing engineering and automation)
 Company “Hiwin Technology Corporation” is inventing 1.8 bilion on Robotics
research.
 The industry for Robotics related system will see revenue for more than 300
million this year.

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 Robots to replace unskilled!
 Solution to build 3.5 million robots.
 Tokyo- robots could fill the jobs of 3.5 million people in graying japan by 2025.
 Japan could save 2.1 trillion yen of elderly insurance payments in 2025.

(Source: 25 Apr 2008 “China economic blog”)

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References
 James P. Anderson, Computer Security, threat monitoring, and
Surveillance. Technical report, James P. Anderson.
 J.Handler, DARPA Agent Mark Up Language,
http://www.daml.org,2000.
 Raghu Krishna Puram, Anupam Joshi and Liyu Yi, low
complexity fuzzy relational clustering algorithm, 2001.
 William W. Cohen. Fast effective rule induction in proceedings of
the12th international conference on machine learning.1995.
 D.E. Denning. An intrusion detection model, IEEE transaction on
Software Engineering.
 V. Barnett and T. Lewis. Outliers in statistical data, 1994.
 M. Ester, H. Kriegal, J. Sander, and X. Xu. A density based
algorithm for discovering clusters in large data base with noise,
1996.
 K. Fukunaga. Introduction to statistical pattern recognition,
Second edition. Academic Press, Boston, 1990.
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QUESTIONS
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 THANK
YOU
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