Free Shipping on Order Over $60
AfterPay Available
The Disruptive Substitution of Human Capital by IT

The Disruptive Substitution of Human Capital by IT

by Peter Weber
Paperback
Publication Date: 25/07/2017
  $54.89
Master's Thesis from the year 2017 in the subject Business economics - Economic Policy, grade: 2, language: English, abstract: In the course of the last century the economy experienced a gradual shift from the primary and secondary to the tertiary sector. With the emergence of disruptive IT the service sector's traditional barriers are experiencing a fundamental erosion. In this context "disruptive IT" stands for big data, predictive analytics, machine learning and artificial intelligence. The overall hypothesis this thesis seeks to verify is "disruptive IT will substitute human capital to an extent that will irreversibly materialize in an unprecedented technological rate of unemployment". The investigation commences with an analysis of unemployment statistics and a trend analysis over the last decades with the objective to reveal what could be perceived as technological hike of the natural rate of unemployment. It will be shown that historical data yet does not provide sufficient evidence to become scientifically convinced about the hypothesis laid out before . This does not come with surprise given the disruptive nature of recent IT advances which have yet only moderately started to unfold their full potential. Hence, disruption makes past-oriented statistics a second best guess of what to expect in future but suggests a rather simulation-based approach validated by expert opinion. Therefore, we take a look at the contemporary study and analytical model of the Oxford researchers Carl B. Frey and Michael A. Osborne followed by the criticism of their criteria-based outside-in assessment on behalf of the Organisation for Economic Co-operation and Development (OECD). Next part of the discussion is the analysis of a recent report by the World Economic Forum (WEF) based on a self-assessment of industries' opinion leaders and field matter experts captured via means of employer survey. Finally, both the common denominator of as well as the key separators between the d
ISBN:
9783668491069
9783668491069
Category:
Business & management
Format:
Paperback
Publication Date:
25-07-2017
Publisher:
Examicus Verlag
Pages:
66
Dimensions (mm):
210x148x4mm
Weight:
0.09kg

This title is in stock with our Australian supplier and arrives at our Sydney warehouse within 15 working days of you placing an order.

Once received into our warehouse we will despatch it to you with a Shipping Notification which includes online tracking.

Please check the estimated delivery times below for your region, for after your order is despatched from our warehouse:

ACT Metro  2 working days

NSW Metro  2 working days

NSW Rural  2 - 3 working days

NSW Remote  2 - 5 working days

NT Metro  3 - 6 working days

NT Remote  4 - 10 working days

QLD Metro  2 - 4 working days

QLD Rural  2 - 5 working days

QLD Remote  2 - 7 working days

SA Metro  2 - 5 working days

SA Rural  3 - 6 working days

SA Remote  3 - 7 working days

TAS Metro  3 - 6 working days

TAS Rural  3 - 6 working days

VIC Metro  2 - 3 working days

VIC Rural  2 - 4 working days

VIC Remote  2 - 5 working days

WA Metro  3 - 6 working days

WA Rural  4 - 8 working days

WA Remote  4 - 12 working days

You can find this item in:

Customer Reviews

Be the first to review The Disruptive Substitution of Human Capital by IT.