The development of artificial intelligence will drive the formation of a knowledge economy
2018-09-05
According to the Economic Reference Daily, the China Development Research Foundation and Sequoia Capital China Fund jointly held a report and seminar on "Investing in Human Capital, Embracing Artificial Intelligence: Challenges and Responses to China's Future Employment". Experts say that the development of artificial intelligence will greatly promote the formation of a knowledge economy, which provides significant opportunities for further liberating productivity. We should seize the opportunities for the development of artificial intelligence.
Zhang Yizhen, Deputy Minister of Human Resources and Social Security, stated that the development of artificial intelligence has given birth to a number of new industries, created a large number of new employment opportunities, improved employment conditions, and expanded employment space. But at the same time, it has also brought about an adjustment in the employment structure, and its crowding out effect on employment is becoming apparent. She said that in response to the challenges brought by artificial intelligence to employment, stable employment should be placed in a more prominent position, with higher quality and more comprehensive employment as the starting point and focus, seizing opportunities for the development of artificial intelligence, and supporting and coordinating with artificial intelligence to promote economic upgrading and improvement of people's livelihoods.
Former Deputy Minister of Education Lu Xin believes that artificial intelligence is an inevitable result of social scientific and technological progress, and should be dealt with in a timely manner. The advancement of science and technology has not only replaced employment opportunities, but also created new ones. The development of artificial intelligence and the increase in employment are not an either or relationship. She believes that all departments and fields, especially policy-making departments, should have two abilities: the ability to think forward and the ability to act forward. Only by integrating knowledge with action can they better adapt to the booming development of artificial intelligence.
The research team believes that the development of artificial intelligence will greatly promote the formation of a knowledge economy, which provides significant opportunities for further liberating productivity, but also brings profound challenges at the economic and social levels. The knowledge economy driven by artificial intelligence will differ from traditional economies in terms of basic resource structure, cost structure, market structure, economic structure, employment structure, distribution structure, and trade structure. With the rapid aging and declining birth rate of society, the disappearance of the demographic dividend in terms of quantity will affect the future economic and social development of China. The rise of artificial intelligence at this time can help solve the supply bottlenecks that exist in some industries in China, especially in the mid to high end service industry, and is of crucial significance for alleviating future labor market shortages.

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