Firms usage of ai monitoring technology

Reference no: EM133531354

Question: In the Labour-Discipline Model (LDM), the employer sets the wage to minimise the cost of effort. Using the LDM, illustrate and explain how a change in conditions affect the employee's best response function (BRF) in the following hypothetical cases:

The manufacturing firm you work for increases its use of monitoring and AI in the workplace. Only about 30 percent of other firms within this fast-growing manufacturing sector are also using similar technologies to track their employees. Currently, there are no specific privacy-surveillance laws on a firm's usage of AI monitoring technology.

You work in a customer-facing firm in an advanced capitalist country, where the economy is certain to sustain its low (3.7%) unemployment rate. With much planning, your employer is in a unique position in this sector to introduce a more 'fluid' working arrangement, rather than opting for a strict 4-day workweek.

Reference no: EM133531354

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