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The impact of artificial intelligence and machine learning on the global economy and its implications for the hospitality sector in India
Worldwide Hospitality and Tourism Themes ( IF 1.7 ) Pub Date : 2021-06-07 , DOI: 10.1108/whatt-09-2020-0116
Sudhanshu Bhushan

Purpose

The purpose of this paper is to explore and evaluate the existing and future impact of artificial intelligence (AI) and machine learning on the global economy. It includes viewing the inclusion of AI in different sectors, its impact on industries, the trends of the forerunning companies that are capitalizing on AI and the idea of crystalizing exponential growth while maintaining a balance between the understanding of humans and the subsequent possibilities of AI.

Design/methodology/approach

This paper is based on secondary research, reviewing literature based on different industries and perspectives.

Findings

The global potential of AI is exponential; the development of AI should be effective. Globally, we see contrasting views, defining the consequences of AI. Hence, the balance between humans and AI, protocols and a global regulatory system needs to be established to prevent catastrophic results soon.

Practical implications

The benefits of AI are enormous. The rising incorporation of AI must take into consideration the basic safety fundamentals for a better future.

Social implications

This paper will enable readers to understand the importance of AI in the global economy, its current involvement in major industries and the subsequent need for balance in technology.

Originality/value

This conceptual review is by its nature and original contribution and, specifically, an interpretation for India.



中文翻译:

人工智能和机器学习对全球经济的影响及其对印度酒店业的影响

目的

本文的目的是探索和评估人工智能 (AI) 和机器学习对全球经济的现有和未来影响。它包括查看人工智能在不同领域的包容性、它对行业的影响、利用人工智能的先行公司的趋势以及在对人类的理解和人工智能随后的可能性之间保持平衡的同时实现指数增长的想法。

设计/方法/方法

本文以二次研究为基础,根据不同行业和视角查阅文献。

发现

人工智能的全球潜力呈指数级增长;人工智能的发展应该是有效的。在全球范围内,我们看到了截然不同的观点,定义了人工智能的后果。因此,需要在人类与人工智能、协议和全球监管体系之间建立平衡,以尽快防止灾难性后果。

实际影响

人工智能的好处是巨大的。人工智能越来越多的融入必须考虑到更美好未来的基本安全基础。

社会影响

本文将使读者了解人工智能在全球经济中的重要性、它目前在主要行业的参与以及随后对技术平衡的需求。

原创性/价值

这种概念性审查就其性质和原创贡献而言,特别是对印度的解释。

更新日期:2021-07-22
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