TITLE:
Management of Ships and Shipping Companies the Digital Way: What Is Ahead?
AUTHORS:
Alexandros M. Goulielmos
KEYWORDS:
Ship Management, Global Technology, EU, Artificial Intelligence, Classification Societies, Shipyards
JOURNAL NAME:
Modern Economy,
Vol.11 No.7,
July
15,
2020
ABSTRACT: As the world moves rapidly toward the fourth
industrial revolution, and 5G, we analyzed the status of the international
shipping industry, particular in Greece, which together with EU, lagged behind
in relation to digital management. Throughout
history, mankind has dreamed of automating mechanical processes, and succeeded
in producing more goods with less power, based on the economic principle. But
the quality of goods (and of human life) was left out of the analysis. We tried
to correct this oversight in the Appendix. Not much has changed to this
day as in the last 270 years, as robots, and other means, are used now to
increase productivity. As we show, the tension now is between humans and
machines. This antagonism is not about productivity, since there is no doubt
that machines are more productive, but about who is more intelligent. Humans have natural intelligence, but machines have
artificial one. Some argue that machines are inferior in many areas, such as
medicine, agriculture, finance, management, education, distribution,
transportation and maritime management.