Publisher's Synopsis
I believe new technologies have the potential to solve global macro economic development challenges from micro economic ( every country technological firms cooperation development) method. The reason as below: (1)Recent advances in information and communications technology new innovations in methods of manufacturing and fresh ways of exploiting energy could bring significant growth benefits for the world global economic technological development from different countries themselves technological firms research new ( undiscovered) technological products development to influence future human life, water energy, solar energy, nuclear energy, vehicle battery energy new energy development technology. It aims to avoid global energy shortage challenge occurrence and new artificial intelligent cities development, it aims to let human feel to live in high technological development, artificial intelligent cities can let human to live more comfortable and more convenient in global cities from artificial intelligent assistance.For another example, some of the new technologies allow companies earn higher quality of physical capital at lower prices. Enhanced energy storage, shale gas and oil techniques, and innovations in renewable energy are helping to drive down the price of energy relative to the trend that would have unfolded in their absence. In all cases, new energy development, these technologies have the potential to raise productivity growth sectors and countries, allowing faster, new energy supply growth and lower inflation, when human have different kind of energy to choose to use. For another example, mobile communications technology can make the world economy more efficient and may also lead to significant dislocation. Mobile communications technology has the potential to bring 2 to 3 billion people into the world economy development. Additive manufacturing as 3 D printing, could remove up to 90% of the waste from some manufacturing processes. At the same time, advanced robots which can work as little as USD$4 per hour, may eventually display existing employment in manufacturing. So, on micro economic view point, technology will be one kind production of factor to global future manufacturing firms. Mckinsey Global Institute finds that our trend global growth could be 0.5 to 0.7 percentage points higher in 2025s than in the absence of technological change, it implies productivity gains comparable to apply only personal computer and internet revolutions of the 1990s.(2)What is future these new technology? A new technology ought change the way the world economy operates in micro economic view point. A new technological change can shift the global economy's production function simply put, better technology allows the economy to produce more products and services at low prices. (production of factor). For example, potential efficiency gains include the widespread diffusion of mobile devices, easing access to the internet, artificial intelligence machine learning and voice recognition as well as the " internet of things", big of data gathering method to be applied to manage supply chains better in any factories ( production of factor).(3)In manufacturing efficiency gains include the deployment of more advanced robotics making it more practice and profitable to substitute capital for human labor. Low-cost robots can change manufacturing by increasing precision and productivity without higher costs. Further efficiencies can be exploited with the use of 3 D printing, which reduces waste in manufacturing, improves precision of design and shortens complex supply chains ( production of factor).
