Please use this identifier to cite or link to this item: http://hdl.handle.net/10071/28246
Author(s): Loureiro, S. M. C.
Bilro, R. G.
Editor: Dimitrios Buhalis
Date: 2022
Title: Feeling economy
Book title/volume: Encyclopedia of tourism management and marketing
Pages: 229 - 231
Reference: Loureiro, S. M. C., & Bilro, R. G. (2022). Feeling economy. EM Dimitrios Buhalis (Eds.). Encyclopedia of tourism management and marketing (229-231). Edward Elgar Publishing. 10.4337/9781800377486.feeling.economy
ISBN: 978-180-03774-8-6
DOI (Digital Object Identifier): 10.4337/9781800377486.feeling.economy
Keywords: Feeling economy
Mechanical intelligence
Analytical intelligence
Intuitive intelligence
Empathic intelligence
Feeling artificial intelligence
Abstract: The feeling economy is “an economy in which the total employment and wages attributable to feeling tasks exceed the total employment and wages attributable to thinking or mechanical tasks” (Huang, Rust, and Maksimovic, 2019, p. 44). In 2020 we are still living in a thinking economy in which were managers of the travel and hospitality industry value more analytical than empathic capabilities for their operational employees. However, increasingly artificial intelligence (AI) algorithms and AI robots are assuming analytical tasks (thinking) and managers and employees are using more and more their interpersonal, communicational, and empathic (feeling) capabilities to perform tasks. Feeling economy is an era where emphatic capabilities become more relevant than ever before. Researchers expect that the transition from thinking to feeling economy occur in 2036.
Peerreviewed: yes
Access type: Open Access
Appears in Collections:BRU-CLI - Capítulos de livros internacionais

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