The Nexus between Artificial Intelligence and Economics

The Nexus between Artificial Intelligence and Economics PDF Author: Ad J. W. van de Gevel
Publisher: Springer Science & Business Media
ISBN: 3642336485
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
The manuscript reviews some key ideas about artificial intelligence, and relates them to economics. These include its relation to robotics, and the concepts of synthetic emotions, consciousness, and life. The economic implications of the advent of artificial intelligence, such as its effect on prices and wages, appropriate patent policy, and the possibility of accelerating productivity, are discussed. The growing field of artificial economics and the use of artificial agents in experimental economics is considered.​

The Nexus between Artificial Intelligence and Economics

The Nexus between Artificial Intelligence and Economics PDF Author: Ad J. W. van de Gevel
Publisher: Springer Science & Business Media
ISBN: 3642336485
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
The manuscript reviews some key ideas about artificial intelligence, and relates them to economics. These include its relation to robotics, and the concepts of synthetic emotions, consciousness, and life. The economic implications of the advent of artificial intelligence, such as its effect on prices and wages, appropriate patent policy, and the possibility of accelerating productivity, are discussed. The growing field of artificial economics and the use of artificial agents in experimental economics is considered.​

The AI Republic

The AI Republic PDF Author: Terence C M Tse
Publisher:
ISBN: 9781544502830
Category :
Languages : en
Pages : 260

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Book Description
Artificial intelligence will radically change our lives--just not in the ways you might think. You've been made to believe that AI will take your job. The truth is AI will deeply change the nature of work itself and lead to the creation of jobs that don't exist yet. Sensational media reports speculate about the "rise of the machines" but fail to see that there's no real intelligence in AI. It is not an all-seeing master, but rather a functional tool that must combine with the intelligence we possess to be effective. With The AI Republic, Terence Tse, Mark Esposito, and Danny Goh have not written a book for coders, but for everyone curious about a future shaped by AI. They demystify this life-changing technology and explain how we can build a shared space where humans and intelligent automation work together, whether you're a business executive who wants to implement it, a government leader responsible for policy creation, or a parent who wants to prepare your children to grow up with AI as a companion.

Political Economy of Artificial Intelligence

Political Economy of Artificial Intelligence PDF Author: Bhabani Shankar Nayak
Publisher: Springer Nature
ISBN: 3031623088
Category :
Languages : en
Pages : 205

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Book Description


Artificial Intelligence, Learning and Computation in Economics and Finance

Artificial Intelligence, Learning and Computation in Economics and Finance PDF Author: Ragupathy Venkatachalam
Publisher: Springer Nature
ISBN: 3031152948
Category : Science
Languages : en
Pages : 331

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Book Description
This book presents frontier research on the use of computational methods to model complex interactions in economics and finance. Artificial Intelligence, Machine Learning and simulations offer effective means of analyzing and learning from large as well as new types of data. These computational tools have permeated various subfields of economics, finance, and also across different schools of economic thought. Through 16 chapters written by pioneers in economics, finance, computer science, psychology, complexity and statistics/econometrics, the book introduces their original research and presents the findings they have yielded. Theoretical and empirical studies featured in this book draw on a variety of approaches such as agent-based modeling, numerical simulations, computable economics, as well as employing tools from artificial intelligence and machine learning algorithms. The use of computational approaches to perform counterfactual thought experiments are also introduced, which help transcend the limits posed by traditional mathematical and statistical tools. The book also includes discussions on methodology, epistemology, history and issues concerning prediction, validation, and inference, all of which have become pertinent with the increasing use of computational approaches in economic analysis.

NAVIGATING THE FINANCIAL NEXUS: AI AND THE FUTURE OF GLOBAL ECONOMICS - REDEFINING WEALTH IN THE DIGITAL AGE

NAVIGATING THE FINANCIAL NEXUS: AI AND THE FUTURE OF GLOBAL ECONOMICS - REDEFINING WEALTH IN THE DIGITAL AGE PDF Author: Latha Thammareddi
Publisher: Xoffencerpublication
ISBN: 8119534514
Category : Transportation
Languages : en
Pages : 212

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Book Description
Does artificial intelligence include robotics? Does artificial intelligence exist in robots? I was wondering if you could explain me how these two terms come from different places. Both artificial intelligence and robots serve various purposes. On the other hand, people often conflate the two. A significant number of individuals are uncertain as to whether artificial intelligence (AI) and robotics are distinct ideas or if they are interchangeable. Artificial Intelligence Vs Robotics The technology of computing serves as the basis for artificial intelligence (AI). The process involves the development of software that computers can use to do tasks that were previously performed by people requiring intelligence. The capabilities of artificial intelligence systems include the ability to learn, observe, solve problems, grasp language, and reason rationally. Artificial intelligence may be used in a wide variety of modern applications, ranging from personal assistants to autonomous vehicles. There is a continuous progression taking place in the area of artificial intelligence (AI). In spite of this, artificial intelligence is occasionally depicted in science fiction as being as lifelike as is physically possible in robot form. Nevertheless, robotics is a discipline of computer science that focuses on the study of robots like these. Robots, which are programmable machines, are often capable of carrying out a series of activities either entirely or partly on their own. One must possess all three of the following characteristics in order to be classified as a robot Through the use of their sensors and actuators, robots interact with the environment that they are in Automatons may be programmed by you. The vast majority of robots are capable of functioning on little or no supervision from humans. Due to the fact that certain robots do not have the capability to function alone, the word "usually" is used to characterize robots. For example, even if they are only controlled by humans, telerobots are still regarded to be a branch of robotics for the purpose of classification. Long term, robots that are driven by artificial intelligence will link the two areas. The operation of these mechanical creatures is carried out by intelligent computer software. The majority of robots do not possess any kind of artificial intelligence. Up until quite recently, all industrial robots were restricted to doing the same set of duties simultaneously. We have previously shown that artificial intelligence is not required for jobs that are routine and repetitive. There are significant limitations placed on the capabilities of robots that lack intelligence. Algorithms that are based on artificial intelligence are often necessary in order to make it possible for robots to perform more complex tasks.

The Economics of Artificial Intelligence

The Economics of Artificial Intelligence PDF Author: Ajay Agrawal
Publisher: University of Chicago Press
ISBN: 0226833127
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Artificial Intelligence

Artificial Intelligence PDF Author: Wim Naudé
Publisher: Cambridge University Press
ISBN: 1009483080
Category : Business & Economics
Languages : en
Pages : 377

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Book Description
Provides essential economic tools to think about the impact of Artificial Intelligence on society, both over the short-and long term.

Is Law Computable?

Is Law Computable? PDF Author: Simon Deakin
Publisher: Bloomsbury Publishing
ISBN: 1509937080
Category : Law
Languages : en
Pages : 578

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Book Description
What does computable law mean for the autonomy, authority, and legitimacy of the legal system? Are we witnessing a shift from Rule of Law to a new Rule of Technology? Should we even build these things in the first place? This unique volume collects original papers by a group of leading international scholars to address some of the fascinating questions raised by the encroachment of Artificial Intelligence (AI) into more aspects of legal process, administration, and culture. Weighing near-term benefits against the longer-term, and potentially path-dependent, implications of replacing human legal authority with computational systems, this volume pushes back against the more uncritical accounts of AI in law and the eagerness of scholars, governments, and LegalTech developers, to overlook the more fundamental - and perhaps 'bigger picture' - ramifications of computable law. With contributions by Simon Deakin, Christopher Markou, Mireille Hildebrandt, Roger Brownsword, Sylvie Delacroix, Lyria Bennet Moses, Ryan Abbott, Jennifer Cobbe, Lily Hands, John Morison, Alex Sarch, and Dilan Thampapillai, as well as a foreword from Frank Pasquale.

Incorporating AI Technology in the Service Sector

Incorporating AI Technology in the Service Sector PDF Author: Maria Jose Sousa
Publisher: CRC Press
ISBN: 1000853438
Category : Business & Economics
Languages : en
Pages : 335

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Book Description
Due to advances in technology, particularly in artificial intelligence and robotics, the service sector is being reshaped, and AI may even be necessary for survival of the service industries. Innovations in digital technology lead to improving processes and, in many situations, are a solution to improving the efficiency and the quality of processes and services. This volume examines in depth how AI innovation is creating knowledge, improving efficiency, and elevating quality of life for millions of people and how it applies to the service industry. This volume addresses advances, issues, and challenges from several points of view from diverse service areas, including healthcare, mental health, finance, management, learning and education, and others. The authors demonstrate how service practices can incorporate the subareas of AI, such as machine learning, deep learning, blockchain, big data, neural networks, etc. The diverse roster of chapter authors includes 48 scholars from different fields, (management, public policies, accounting, information technologies, engineering, medicine) along with executives and managers of private enterprises and public bodies in different sectors, from life sciences to healthcare. Several chapters also evaluate AI’s application in service industries during the COVID-19 era. This book, Incorporating AI Technology in the Service Sector: Innovations in Creating Knowledge, Improving Efficiency, and Elevating Quality of Life, provides professionals, administrators, educators, researchers, and students with useful perspectives by introducing new approaches and innovations for identifying future strategies for service sector companies.

Evolution of environmental economics & management in the age of artificial intelligence for sustainable development

Evolution of environmental economics & management in the age of artificial intelligence for sustainable development PDF Author: Elena G. Popkova
Publisher: Frontiers Media SA
ISBN: 2832523722
Category : Science
Languages : en
Pages : 131

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Book Description