Estimating productivity gains in digital automation

October 03, 2022 Β· Declared Dead Β· πŸ› arXiv.org

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Authors Mauricio Jacobo-Romero, Danilo S. Carvalho, AndrΓ© Freitas arXiv ID 2210.01252 Category cs.AI: Artificial Intelligence Cross-listed eess.SY Citations 0 Venue arXiv.org Last Checked 5 months ago
Abstract
This paper proposes a novel productivity estimation model to evaluate the effects of adopting Artificial Intelligence (AI) components in a production chain. Our model provides evidence to address the "AI's" Solow's Paradox. We provide (i) theoretical and empirical evidence to explain Solow's dichotomy; (ii) a data-driven model to estimate and asses productivity variations; (iii) a methodology underpinned on process mining datasets to determine the business process, BP, and productivity; (iv) a set of computer simulation parameters; (v) and empirical analysis on labour-distribution. These provide data on why we consider AI Solow's paradox a consequence of metric mismeasurement.
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