Author: Zofia Bednarz
Publisher: Cambridge University Press
ISBN: 100933431X
Category : Law
Languages : en
Pages : 263
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Book Description
In this ambitious collection, Zofia Bednarz and Monika Zalnieriute bring together leading experts to shed light on how artificial intelligence (AI) and automated decision-making (ADM) create new sources of profits and power for financial firms and governments. Chapter authors—which include public and private lawyers, social scientists, and public officials working on various aspects of AI and automation across jurisdictions—identify mechanisms, motivations, and actors behind technology used by Automated Banks and Automated States, and argue for new rules, frameworks, and approaches to prevent harms that result from the increasingly common deployment of AI and ADM tools. Responding to the opacity of financial firms and governments enabled by AI, Money, Power and AI advances the debate on scrutiny of power and accountability of actors who use this technology. This title is available as Open Access on Cambridge Core.
Author: Zofia Bednarz
Publisher:
ISBN: 9781009334297
Category : Banks and banking
Languages : en
Pages : 0
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Book Description
"This collection sheds light on how AI and automated decision-making tools bring new sources of profits and power to financial firms and governments. Chapters offer distinct perspectives from authors of diverse backgrounds and across legal systems, arguing that new rules, frameworks, and approaches are needed to prevent harms of automation"--
Author: Adam Teller
Publisher: Stanford University Press
ISBN: 0804799873
Category : History
Languages : en
Pages : 329
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Book Description
It has often been claimed that Jews have a penchant for capitalism and capitalist economic activity. With this book, Adam Teller challenges that assumption. Examining how Jews achieved their extraordinary success within the late feudal economy of the eighteenth-century Polish-Lithuanian Commonwealth, he shows that economic success did not necessarily come through any innate entrepreneurial skills, but through identifying and exploiting economic niches in the pre-modern economy—in particular, the monopoly on the sale of grain alcohol. Jewish economic activity was a key factor in the development of the Polish-Lithuanian Commonwealth, and it greatly enhanced the incomes, and thereby the social and political status, of the noble magnates, including the powerful Radziwiłł family. In turn, with the magnate's backing, Jews were able to leverage their own economic success into high status in estate society. Over time, relations within Jewish society began to change, putting less value on learning and pedigree and more on wealth and connections with the estate owners. This groundbreaking book exemplifies how the study of Jewish economic history can shed light on a crucial mechanism of Jewish social integration. In the Polish-Lithuanian setting, Jews were simultaneously a despised religious minority and key economic players, with a consequent standing that few could afford to ignore.
Author: Erik J. Larson
Publisher: Belknap Press
ISBN: 0674983513
Category : Computers
Languages : en
Pages : 321
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Book Description
“Exposes the vast gap between the actual science underlying AI and the dramatic claims being made for it.” —John Horgan “If you want to know about AI, read this book...It shows how a supposedly futuristic reverence for Artificial Intelligence retards progress when it denigrates our most irreplaceable resource for any future progress: our own human intelligence.” —Peter Thiel Ever since Alan Turing, AI enthusiasts have equated artificial intelligence with human intelligence. A computer scientist working at the forefront of natural language processing, Erik Larson takes us on a tour of the landscape of AI to reveal why this is a profound mistake. AI works on inductive reasoning, crunching data sets to predict outcomes. But humans don’t correlate data sets. We make conjectures, informed by context and experience. And we haven’t a clue how to program that kind of intuitive reasoning, which lies at the heart of common sense. Futurists insist AI will soon eclipse the capacities of the most gifted mind, but Larson shows how far we are from superintelligence—and what it would take to get there. “Larson worries that we’re making two mistakes at once, defining human intelligence down while overestimating what AI is likely to achieve...Another concern is learned passivity: our tendency to assume that AI will solve problems and our failure, as a result, to cultivate human ingenuity.” —David A. Shaywitz, Wall Street Journal “A convincing case that artificial general intelligence—machine-based intelligence that matches our own—is beyond the capacity of algorithmic machine learning because there is a mismatch between how humans and machines know what they know.” —Sue Halpern, New York Review of Books
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Author: Kai-Fu Lee
Publisher: Harper Business
ISBN: 132854639X
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
AI Superpowers is Kai-Fu Lee's New York Times and USA Today bestseller about the American-Chinese competition over the future of artificial intelligence.
Author: Ariel Wilkis
Publisher: Stanford University Press
ISBN: 1503604365
Category : Social Science
Languages : en
Pages : 250
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Book Description
Looking beneath the surface of seemingly ordinary social interactions, The Moral Power of Money investigates the forces of power and morality at play, particularly among the poor. Drawing on fieldwork in a slum of Buenos Aires, Ariel Wilkis argues that money is a critical symbol used to negotiate not only material possessions, but also the political, economic, class, gender, and generational bonds between people. Through vivid accounts of the stark realities of life in Villa Olimpia, Wilkis highlights the interplay of money, morality, and power. Drawing out the theoretical implications of these stories, he proposes a new concept of moral capital based on different kinds, or "pieces," of money. Each chapter covers a different "piece"—money earned from the informal and illegal economies, money lent through family and market relations, money donated with conditional cash transfers, political money that binds politicians and their supporters, sacrificed money offered to the church, and safeguarded money used to support people facing hardships. This book builds an original theory of the moral sociology of money, providing the tools for understanding the role money plays in social life today.
Author: Charles Hugh Smith
Publisher: Independently Published
ISBN: 9781691549443
Category : Economics
Languages : en
Pages : 96
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Book Description
"This book tackles three critical questions: 1. What if everything we don't measure is worth more than financial wealth? Our obsession with financial capital is blinding us to a traumatizing global decline in other forms of wealth. 2. Will artificial intelligence (A.I.) make us all richer? What if A.I. will only enrich the few who own the platforms and technology? 3. Is our economic model dooming us? We're told we all benefit as the super-rich get even richer, but what if the status quo only benefits those in power at the expense of everyone else...and our planet?"--Amazon.com.
Author: Noel Maurer
Publisher: Stanford University Press
ISBN: 9780804742856
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
Facing financial chaos, Porfirio Diaz’s strategy in the 1880s was to create a bank with a legal monopoly over lending to the government and to enforce elites’ property rights in order to get their support. This book shows how Mexican leaders, even after the Mexican Revolution, failed to alter these basic economic and political policies, resulting in a continuing high level of financial and industrial concentration.
Author: Kai-Fu Lee
Publisher: Crown Currency
ISBN: 0593238311
Category : Social Science
Languages : en
Pages : 497
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Book Description
How will AI change our world within twenty years? A pioneering technologist and acclaimed writer team up for a “dazzling” (The New York Times) look at the future that “brims with intriguing insights” (Financial Times). This edition includes a new foreword by Kai-Fu Lee. A BEST BOOK OF THE YEAR: The Wall Street Journal, The Washington Post, Financial Times Long before the advent of ChatGPT, Kai-Fu Lee and Chen Qiufan understood the enormous potential of artificial intelligence to transform our daily lives. But even as the world wakes up to the power of AI, many of us still fail to grasp the big picture. Chatbots and large language models are only the beginning. In this “inspired collaboration” (The Wall Street Journal), Lee and Chen join forces to imagine our world in 2041 and how it will be shaped by AI. In ten gripping, globe-spanning short stories and accompanying commentary, their book introduces readers to an array of eye-opening settings and characters grappling with the new abundance and potential harms of AI technologies like deep learning, mixed reality, robotics, artificial general intelligence, and autonomous weapons.
