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China's Innovation Economy - Artificial Intelligence and the New Silk Road (Hardcover)
Loot Price: R4,068
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China's Innovation Economy - Artificial Intelligence and the New Silk Road (Hardcover)
Series: Routledge Studies in the Economics of Innovation
Expected to ship within 12 - 17 working days
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Two trends will have more influence than anything else on the
world's future political and economic situation: the development of
artificial intelligence and the emergence of China as a competitor
to the United States on the international stage. This book is about
the emerging innovation economy. It uses systems theory and
evolutionary economics as a theoretical point of departure and
explains why the focal point of the geopolitical stage is moving
away from the alliance between the United States and Europe, and
towards an alliance between China, the 14 Regional Comprehensive
Economic Partnership countries, the countries along the new silk
road, and Europe. The book argues that the globalization strategy
of neoliberalism laid the foundation for the Chinese economic
engine. Whereas the old globalization was driven by cost
differences generally, and wage costs specifically, the new
globalization is driven by divergence in competence in general, and
technological competence in particular, and China's primary goal is
to develop artificial intelligence and intelligent robots. Further,
the book posits that the interactions between the climate crisis
and the new technology will change production, distribution and the
creation of profits, both in China and more widely in the global
innovation economy. The book develops a structure to describe,
analyze and explain the Chinese innovation economy and contributes
to the discussion regarding technological developments in China.
The book is written for readers who are oriented towards the new
globalization that is emerging in the innovation economy and the
factors driving China's economic growth.
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