Abstract:In this work, we examined Business Process (BP) production as a signal; this novel approach explores a BP workflow as a linear time-invariant (LTI) system. We analysed BP productivity in the frequency domain; this standpoint examines how labour and capital act as BP input signals and how their fundamental frequencies affect BP production. Our research also proposes a simulation framework of a BP in the frequency domain for estimating productivity gains due to the introduction of automation steps. Our ultimate goal was to supply evidence to address Solow's Paradox.
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.