An industrial policy for economic upgrading and achieving desirable social outcomes
IntroductionThe fourth industrial revolution will bring radical changes—both positive and negative—in the economy and in society. Convenience and ease of carrying out tasks are among those that new technologies such as the internet of things (IOT), artificial intelligence (AI), blockchain, and…
by CJ Castillo, Jerik Cruz and Emille de la Cruz
The implications of automation on inequality
IntroductionThe fourth industrial revolution will bring radical changes to the economy, both positive and negative. The internet of things (IOT), artificial intelligence (AI), blockchain, and automation—these are just of the new technologies that are set to change the economy and people’s lives.…
by CJ Castillo, Jerik Cruz and Emille de la Cruz
COVID-19 Pandemic and Automation
IntroductionNot only did the COVID-19 pandemic challenged the otherwise great performance of the Philippine, economy, it also forces firms and micro entrepreneurs to adopt radical changes on how they conduct economic activities. Technological advancements particularly in machine learning,…
by CJ Castillo, Jerik Cruz and Emille de la Cruz