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Bloomberg press has pointed out that many occupations, such as Human Resource Analysts (HRA's), might essentially be replaced by computers (C) using Artificial Intelligence (AI)
Bloomberg press has pointed out that many occupations, such as Human Resource Analysts (HRA's), might essentially be replaced by computers (C) using Artificial Intelligence (AI) software. Using isoquant/isocost analysis, illustrate, and briefly explain, the situation now and how Bloomberg's prediction might play out in 20 years. (20 marks) Hint: Be sure to illustrate the situation now using your diagram and how it might change in 20 years using the same diagram.
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