The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 37, Problem 1DQ

To determine

The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Expert Solution & Answer

Explanation of Solution

The increase in technology will some time destroy or create jobs. However, many clerical workers lost their jobs as they were replaced by machines, like ATM machines. Artificial intelligence will likely replace ever more sophisticated jobs.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Not use ai please

Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows. Rental Class Super Saver Deluxe Business Room Type I Type II $30 $35 $20 $30 $40 Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 140 rentals in the Super Saver class, 50 rentals in the Deluxe class, and 40 rentals in the Business class. Round Tree has 100 Type I rooms and 120 Type II rooms. (a) Formulate and solve a linear program to determine how many reservations to accept in each rental class and how the reservations should be allocated to room types. (Assume S₁ is the number of Super Saver rentals allocated to room type I, S₂ is the number of Super Saver…

Answer 2

Question

Chapter 37, Problem 1DQ

To determine

The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Expert Solution & Answer

Explanation of Solution

The increase in technology will some time destroy or create jobs. However, many clerical workers lost their jobs as they were replaced by machines, like ATM machines. Artificial intelligence will likely replace ever more sophisticated jobs.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 37, Problem 1DQ

To determine

The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Expert Solution & Answer

Explanation of Solution

The increase in technology will some time destroy or create jobs. However, many clerical workers lost their jobs as they were replaced by machines, like ATM machines. Artificial intelligence will likely replace ever more sophisticated jobs.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 37, Problem 1DQ

To determine

The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Expert Solution & Answer

Explanation of Solution

The increase in technology will some time destroy or create jobs. However, many clerical workers lost their jobs as they were replaced by machines, like ATM machines. Artificial intelligence will likely replace ever more sophisticated jobs.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 37, Problem 1DQ

To determine

The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Expert Solution & Answer

Explanation of Solution

The increase in technology will some time destroy or create jobs. However, many clerical workers lost their jobs as they were replaced by machines, like ATM machines. Artificial intelligence will likely replace ever more sophisticated jobs.

Answer 6

Chapter 37, Problem 1DQ

To determine

The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Expert Solution & Answer

Explanation of Solution

The increase in technology will some time destroy or create jobs. However, many clerical workers lost their jobs as they were replaced by machines, like ATM machines. Artificial intelligence will likely replace ever more sophisticated jobs.

Answer 7

Chapter 37, Problem 1DQ

To determine

The jobs destroyed and created by online banking and the effect of artificial intelligent in banking system.

Answer 8

Expert Solution & Answer

Explanation of Solution

The increase in technology will some time destroy or create jobs. However, many clerical workers lost their jobs as they were replaced by machines, like ATM machines. Artificial intelligence will likely replace ever more sophisticated jobs.