Artificial Intelligence And Economic Theory Skynet In The Market

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Artificial Intelligence and Economic Theory: Skynet in the Market

Author : Tshilidzi Marwala
Publisher : Springer
ISBN 13 : 3319661043
Total Pages : 204 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Artificial Intelligence and Economic Theory: Skynet in the Market by : Tshilidzi Marwala

Download or read book Artificial Intelligence and Economic Theory: Skynet in the Market written by Tshilidzi Marwala and published by Springer. This book was released on 2017-09-18 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book theoretically and practically updates major economic ideas such as demand and supply, rational choice and expectations, bounded rationality, behavioral economics, information asymmetry, pricing, efficient market hypothesis, game theory, mechanism design, portfolio theory, causality and financial engineering in the age of significant advances in man-machine systems. The advent of artificial intelligence has changed many disciplines such as engineering, social science and economics. Artificial intelligence is a computational technique which is inspired by natural intelligence concepts such as the swarming of birds, the working of the brain and the pathfinding of the ants. Artificial Intelligence and Economic Theory: Skynet in the Market analyses the impact of artificial intelligence on economic theories, a subject that has not been studied. It also introduces new economic theories and these are rational counterfactuals and rational opportunity costs. These ideas are applied to diverse areas such as modelling of the stock market, credit scoring, HIV and interstate conflict. Artificial intelligence ideas used in this book include neural networks, particle swarm optimization, simulated annealing, fuzzy logic and genetic algorithms. It, furthermore, explores ideas in causality including Granger as well as the Pearl causality models.

Artificial Intelligence in Economics and Finance Theories

Author : Tankiso Moloi
Publisher : Springer Nature
ISBN 13 : 3030429628
Total Pages : 131 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Artificial Intelligence in Economics and Finance Theories by : Tankiso Moloi

Download or read book Artificial Intelligence in Economics and Finance Theories written by Tankiso Moloi and published by Springer Nature. This book was released on 2020-05-07 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Artificial Intelligence (AI) seizes all aspects of human life, there is a fundamental shift in the way in which humans are thinking of and doing things. Ordinarily, humans have relied on economics and finance theories to make sense of, and predict concepts such as comparative advantage, long run economic growth, lack or distortion of information and failures, role of labour as a factor of production and the decision making process for the purpose of allocating resources among other theories. Of interest though is that literature has not attempted to utilize these advances in technology in order to modernize economic and finance theories that are fundamental in the decision making process for the purpose of allocating scarce resources among other things. With the simulated intelligence in machines, which allows machines to act like humans and to some extent even anticipate events better than humans, thanks to their ability to handle massive data sets, this book will use artificial intelligence to explain what these economic and finance theories mean in the context of the agent wanting to make a decision. The main feature of finance and economic theories is that they try to eliminate the effects of uncertainties by attempting to bring the future to the present. The fundamentals of this statement is deeply rooted in risk and risk management. In behavioural sciences, economics as a discipline has always provided a well-established foundation for understanding uncertainties and what this means for decision making. Finance and economics have done this through different models which attempt to predict the future. On its part, risk management attempts to hedge or mitigate these uncertainties in order for “the planner” to reach the favourable outcome. This book focuses on how AI is to redefine certain important economic and financial theories that are specifically used for the purpose of eliminating uncertainties so as to allow agents to make informed decisions. In effect, certain aspects of finance and economic theories cannot be understood in their entirety without the incorporation of AI.

Artificial Intelligence and Economic Analysis

Author : Scott J. Moss
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782541769
Total Pages : 216 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis Artificial Intelligence and Economic Analysis by : Scott J. Moss

Download or read book Artificial Intelligence and Economic Analysis written by Scott J. Moss and published by Edward Elgar Publishing. This book was released on 1992-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book presents new and original work at the frontiers of economics, namely the interface between artificial intelligence (AI) and neoclassical economics. Artificial Intelligence and Economic Analysis focuses on three quite distinct lines of AI orientated research in economics: applications intended to extend neoclassical theory, applications intended to undermine neoclassical theory and applications which ignore neoclassical theory in the quest for new modelling techniques and fields of analysis. The contributors - all of whom are well established in the field - do not simply report established results but seek to identify those areas where the science of artificial intelligence could enrich standard economic analysis. It includes material from mainstream economists who are willing to express their own views about the limits of mainstream economic modelling and AI based economic modelling. The book makes an important contribution to a new and exciting area of economics which holds much hope for the future.

Artificial Intelligence

Author : Wim Naudé
Publisher : Cambridge University Press
ISBN 13 : 1009483080
Total Pages : 377 pages
Book Rating : 4.0/5 (94 download)

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Book Synopsis Artificial Intelligence by : Wim Naudé

Download or read book Artificial Intelligence written by Wim Naudé and published by Cambridge University Press. This book was released on 2024-05-31 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides essential economic tools to think about the impact of Artificial Intelligence on society, both over the short-and long term.

Economics of the Fourth Industrial Revolution

Author : Nicholas Johnson
Publisher : Routledge
ISBN 13 : 0429771703
Total Pages : 198 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Economics of the Fourth Industrial Revolution by : Nicholas Johnson

Download or read book Economics of the Fourth Industrial Revolution written by Nicholas Johnson and published by Routledge. This book was released on 2020-10-25 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies cutting-edge economic analysis and social science to unpack the rich complexities and paradoxes of the Fourth Industrial Revolution. The book takes the reader on a bold, refreshing, and informative tour through its technological drivers, its profound impact on human ecosystems, and its potential for sustainable human development. The overarching message to the reader is that the Fourth Industrial Revolution is not merely something to be feared or survived; rather, this dramatic collision of technologies, disciplines, and ideas presents a magnificent opportunity for a generation of new pioneers to rewrite "accepted rules" and find new avenues to empower billions of people to thrive. This book will help readers to discern the difference between disruption and transformation. The reader will come away from this book with a deeply intuitive and highly contextual understanding of the core technological advances transforming the world as we know it. Beyond this, the reader will clearly appreciate the future impacts on our economies and social structures. Most importantly, the reader will receive an insightful and actionable set of guidelines to assist them in harnessing the Fourth Industrial Revolution so that both they and their communities may flourish. The authors do not primarily seek to make prescriptions for government policy, but rather to speak directly to people about what they can do for themselves, their families, and their communities to be future-proofed and ready to adapt to life in a rapidly evolving world ecosystem.

The Economics of Artificial Intelligence

Author : Ajay Agrawal
Publisher : University of Chicago Press
ISBN 13 : 022661347X
Total Pages : 643 pages
Book Rating : 4.2/5 (266 download)

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Book Synopsis The Economics of Artificial Intelligence by : Ajay Agrawal

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2019-06-07 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. Contributors: Daron Acemoglu, Massachusetts Institute of Technology Philippe Aghion, Collège de France Ajay Agrawal, University of Toronto Susan Athey, Stanford University James Bessen, Boston University School of Law Erik Brynjolfsson, MIT Sloan School of Management Colin F. Camerer, California Institute of Technology Judith Chevalier, Yale School of Management Iain M. Cockburn, Boston University Tyler Cowen, George Mason University Jason Furman, Harvard Kennedy School Patrick Francois, University of British Columbia Alberto Galasso, University of Toronto Joshua Gans, University of Toronto Avi Goldfarb, University of Toronto Austan Goolsbee, University of Chicago Booth School of Business Rebecca Henderson, Harvard Business School Ginger Zhe Jin, University of Maryland Benjamin F. Jones, Northwestern University Charles I. Jones, Stanford University Daniel Kahneman, Princeton University Anton Korinek, Johns Hopkins University Mara Lederman, University of Toronto Hong Luo, Harvard Business School John McHale, National University of Ireland Paul R. Milgrom, Stanford University Matthew Mitchell, University of Toronto Alexander Oettl, Georgia Institute of Technology Andrea Prat, Columbia Business School Manav Raj, New York University Pascual Restrepo, Boston University Daniel Rock, MIT Sloan School of Management Jeffrey D. Sachs, Columbia University Robert Seamans, New York University Scott Stern, MIT Sloan School of Management Betsey Stevenson, University of Michigan Joseph E. Stiglitz. Columbia University Chad Syverson, University of Chicago Booth School of Business Matt Taddy, University of Chicago Booth School of Business Steven Tadelis, University of California, Berkeley Manuel Trajtenberg, Tel Aviv University Daniel Trefler, University of Toronto Catherine Tucker, MIT Sloan School of Management Hal Varian, University of California, Berkeley

Principles of Digital Economics

Author : Zhiyi Liu
Publisher : Springer Nature
ISBN 13 : 9811690200
Total Pages : 175 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Principles of Digital Economics by : Zhiyi Liu

Download or read book Principles of Digital Economics written by Zhiyi Liu and published by Springer Nature. This book was released on 2022-02-11 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to "digital economics" as an inter-discipline research area, by integrating economics, philosophy of technology, computer science and sociology. It takes an in-depth look at the history of technology development covering the changes and challenges to the society and thoughts, as it is, which helps readers to understand the logic and operation of the emerging integrated economy. Also a lot of innovation cases in digital transformation of China are presented in this book.

Artificial Intelligence, Game Theory and Mechanism Design in Politics

Author : Tshilidzi Marwala
Publisher : Springer Nature
ISBN 13 : 9819951038
Total Pages : 221 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Artificial Intelligence, Game Theory and Mechanism Design in Politics by : Tshilidzi Marwala

Download or read book Artificial Intelligence, Game Theory and Mechanism Design in Politics written by Tshilidzi Marwala and published by Springer Nature. This book was released on 2023-08-04 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how AI and mechanism design can provide a new framework for international politics. The international political system is all manners in which countries, governments and people relate. Mechanism design in international politics relates to identifying rules that define relationships between people and countries that achieve a particular outcome, e.g., peace or more trade or democracy or economic development. Artificial intelligence is technique of making machines intelligent. This book explores mechanism design and artificial intelligence in international politics and applies these technologies to politics, economy and society. This book will be of interest to scholars of international relations, politics, sustainable development, and artificial intelligence.

Wealth Beyond Nations

Author : M. Byrnes
Publisher : Blurb
ISBN 13 : 9780464930976
Total Pages : 180 pages
Book Rating : 4.9/5 (39 download)

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Book Synopsis Wealth Beyond Nations by : M. Byrnes

Download or read book Wealth Beyond Nations written by M. Byrnes and published by Blurb. This book was released on 2018-08-16 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Automation and artificial intelligence are rapidly replacing the demand for mass human labor throughout virtually every sector of the economy. In the coming years, this trend is expected to increase exponentially. We are soon to reach a stage where humans no longer need humans in the production of goods and services. Already, we can witness the weakening of social order and the angry 'tribalization' of political agency. Wealth Beyond Nations innovatively combines moral philosophy and economic theory to examine vital flaws in our knowledge of how society and economic markets actually operate. From this ground-breaking examination, we discover that government and corporate institutions are critically unprepared to confront the socioeconomic and technological evolutions now occurring at increasing speed. But we also discover a surprising future: ourselves.

Smart Computing Applications in Crowdfunding

Author : Bo Xing
Publisher : CRC Press
ISBN 13 : 1351265075
Total Pages : 512 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Smart Computing Applications in Crowdfunding by : Bo Xing

Download or read book Smart Computing Applications in Crowdfunding written by Bo Xing and published by CRC Press. This book was released on 2018-12-07 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book focuses on smart computing for crowdfunding usage, looking at the crowdfunding landscape, e.g., reward-, donation-, equity-, P2P-based and the crowdfunding ecosystem, e.g., regulator, asker, backer, investor, and operator. The increased complexity of fund raising scenario, driven by the broad economic environment as well as the need for using alternative funding sources, has sparked research in smart computing techniques. Covering a wide range of detailed topics, the authors of this book offer an outstanding overview of the current state of the art; providing deep insights into smart computing methods, tools, and their applications in crowdfunding; exploring the importance of smart analysis, prediction, and decision-making within the fintech industry. This book is intended to be an authoritative and valuable resource for professional practitioners and researchers alike, as well as finance engineering, and computer science students who are interested in crowdfunding and other emerging fintech topics.

Artificial Intelligence Artificial Intelligence and Avoids Wage Inequality

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781792912955
Total Pages : 101 pages
Book Rating : 4.9/5 (129 download)

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Book Synopsis Artificial Intelligence Artificial Intelligence and Avoids Wage Inequality by : Johnny Ch LOK

Download or read book Artificial Intelligence Artificial Intelligence and Avoids Wage Inequality written by Johnny Ch LOK and published by . This book was released on 2018-12-30 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: How and why (AI) technology can be applied to service industry, instead of manufacturing industry? I shall explain how (AI) technology can encourage consumption behaviors when it is applied to service industry as below. I shall apply behavioral economic theory to (AI) technology to indiate how it can enourage consumption when it is applied to service industry. At the core of behavioral economics is used psychology of economics analysis to improve economics on its own terms generating theoretical insights, making better prediction of field consumption of behavioral phenomena, and suggesting better policy to any company or government decision makers. It rejects economic theories based on utility maximization, equilibrium and efficiency. It is useful because it provides economists with a theoretical framework that can be applied to almost any form of economic ( and even non-economic) behavior to predict behavioral consumption more easily to businessmen. So, behavioral economy is different to general economy concept, it applies psychological methods to attempt to predict consumption behavior.Simpifying much assumption that are not central to the economic theory to apply to psychological behavior. Other assumption simply acknowledge human limits on computational power and self-interest. These assumptions can be considered procedurally rational because human needs to solve problems that are often so complex that who can't be solved exactly by even modern computer technology. So, if businessmen apply psychological method to predict behavioral consumption to earn the more benefits or profit, it is more reasonable to compare to apply computer methods to predict consumption behavior.Theories in behavioral economics should be judged by reality, generality and tractability concepts to apply why we ( consumers) do our behavior ( consumption of choices) from psychological analysis. We share the positivist view that the ultimate test of a theory is the accuracy of its predictions. But we also believe that better predictions are likely to result from theories with more realistic assumptions. In psychology, such as connectionist models that capture some of the essential features of neural functioning, which are based on utility maximization, yet are reaching the point where they are able to predict many judgemental and behavioral phenomena. Contrary to the positivistic view, however, businessmen ought believe that predictions of consumers' feelings ( e.g., of subjective well-being) should be an important goal to earn more profit more easily.

Political Economy of Artificial Intelligence

Author : Bhabani Shankar Nayak
Publisher : Palgrave Macmillan
ISBN 13 : 9783031623073
Total Pages : 0 pages
Book Rating : 4.6/5 (23 download)

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Book Synopsis Political Economy of Artificial Intelligence by : Bhabani Shankar Nayak

Download or read book Political Economy of Artificial Intelligence written by Bhabani Shankar Nayak and published by Palgrave Macmillan. This book was released on 2024-10-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how artificial intelligence, the platform economy, and big data will impact economic development and societal change. It outlines how artificial intelligence is used as a capitalist tool that aids the corporate monopoly and creates alienating development. The ways in which artificial intelligence effects governance, economies, and global societies is also discussed, with particular attention given to how it undermines various forms of democracy. This book aims to challenge established theories on artificial intelligence and technological singularity and highlight how they create new forms of capital accumulation. It will be relevant to students and researchers interested in the economic and social impact of artificial intelligence.

Impact of Smart Technologies and Artificial Intelligence (AI) Paving Path Towards Interdisciplinary Research in the Fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management - Challenges and Opportunities

Download Impact of Smart Technologies and Artificial Intelligence (AI) Paving Path Towards Interdisciplinary Research in the Fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management - Challenges and Opportunities PDF Online Free

Author : Dr. Sundari Suresh
Publisher : Shanlax Publications
ISBN 13 : 9391373127
Total Pages : 332 pages
Book Rating : 4.3/5 (913 download)

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Book Synopsis Impact of Smart Technologies and Artificial Intelligence (AI) Paving Path Towards Interdisciplinary Research in the Fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management - Challenges and Opportunities by : Dr. Sundari Suresh

Download or read book Impact of Smart Technologies and Artificial Intelligence (AI) Paving Path Towards Interdisciplinary Research in the Fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management - Challenges and Opportunities written by Dr. Sundari Suresh and published by Shanlax Publications. This book was released on with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This e-ISBN collection of 34 chapters draws on the diverse insights of the opportunities and emerging challenges, changes in the smart technologies and artificial intelligence{AI} paving path towards interdisciplinary research in the fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management. It offers decision-makers a comprehensive picture of the impact of Smart technologies and Artificial Intelligence (AI) expected in the long-term changes, and inspiration to leverage the opportunities that offer to improve the state of education. Academicians must find and establish a new equilibrium and a new normal for learning amid the present challenges.

Rational Machines and Artificial Intelligence

Author : Tshilidzi Marwala
Publisher : Academic Press
ISBN 13 : 0128209445
Total Pages : 272 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Rational Machines and Artificial Intelligence by : Tshilidzi Marwala

Download or read book Rational Machines and Artificial Intelligence written by Tshilidzi Marwala and published by Academic Press. This book was released on 2021-03-31 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent machines are populating our social, economic and political spaces. These intelligent machines are powered by Artificial Intelligence technologies such as deep learning. They are used in decision making. One element of decision making is the issue of rationality. Regulations such as the General Data Protection Regulation (GDPR) require that decisions that are made by these intelligent machines are explainable. Rational Machines and Artificial Intelligence proposes that explainable decisions are good but the explanation must be rational to prevent these decisions from being challenged. Noted author Tshilidzi Marwala studies the concept of machine rationality and compares this to the rationality bounds prescribed by Nobel Laureate Herbert Simon and rationality bounds derived from the work of Nobel Laureates Richard Thaler and Daniel Kahneman. Rational Machines and Artificial Intelligence describes why machine rationality is flexibly bounded due to advances in technology. This effectively means that optimally designed machines are more rational than human beings. Readers will also learn whether machine rationality can be quantified and identify how this can be achieved. Furthermore, the author discusses whether machine rationality is subjective. Finally, the author examines whether a population of intelligent machines collectively make more rational decisions than individual machines. Examples in biomedical engineering, social sciences and the financial sectors are used to illustrate these concepts. Provides an introduction to the key questions and challenges surrounding Rational Machines, including, When do we rely on decisions made by intelligent machines? What do decisions made by intelligent machines mean? Are these decisions rational or fair? Can we quantify these decisions? and Is rationality subjective? Introduces for the first time the concept of rational opportunity costs and the concept of flexibly bounded rationality as a rationality of intelligent machines and the implications of these issues on the reliability of machine decisions Includes coverage of Rational Counterfactuals, group versus individual rationality, and rational markets Discusses the application of Moore’s Law and advancements in Artificial Intelligence, as well as developments in the area of data acquisition and analysis technologies and how they affect the boundaries of intelligent machine rationality

China's Innovation Economy

Author : Jon-Arild Johannessen
Publisher : Routledge
ISBN 13 : 1000454827
Total Pages : 181 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis China's Innovation Economy by : Jon-Arild Johannessen

Download or read book China's Innovation Economy written by Jon-Arild Johannessen and published by Routledge. This book was released on 2021-09-30 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two trends will have more influence than anything else on the world’s future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage. This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe. The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competence in particular, and China’s primary goal is to develop artificial intelligence and intelligent robots. Further, the book posits that the interactions between the climate crisis and the new technology will change production, distribution and the creation of profits, both in China and more widely in the global innovation economy. The book develops a structure to describe, analyze and explain the Chinese innovation economy and contributes to the discussion regarding technological developments in China. The book is written for readers who are oriented towards the new globalization that is emerging in the innovation economy and the factors driving China's economic growth.

Artificial Intelligence and the Law

Author : Tshilidzi Marwala
Publisher : Springer Nature
ISBN 13 : 9819728274
Total Pages : 267 pages
Book Rating : 4.8/5 (197 download)

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Book Synopsis Artificial Intelligence and the Law by : Tshilidzi Marwala

Download or read book Artificial Intelligence and the Law written by Tshilidzi Marwala and published by Springer Nature. This book was released on with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Impact of Artificial Intelligence on Governance, Economics and Finance, Volume I

Author : Sezer Bozkuş Kahyaoğlu
Publisher : Springer Nature
ISBN 13 : 981336811X
Total Pages : 328 pages
Book Rating : 4.8/5 (133 download)

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Book Synopsis The Impact of Artificial Intelligence on Governance, Economics and Finance, Volume I by : Sezer Bozkuş Kahyaoğlu

Download or read book The Impact of Artificial Intelligence on Governance, Economics and Finance, Volume I written by Sezer Bozkuş Kahyaoğlu and published by Springer Nature. This book was released on 2021-04-26 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses the effects of artificial intelligence in terms of economics and finance. In particular, the book focuses on the effects of the change in the structure of financial markets, institutions and central banks, along with digitalization analyzed based on fintech ecosystems. In addition to finance sectors, other sectors, such as health, logistics, and industry 4.0, all of which are undergoing an artificial intelligence induced rapid transformation, are addressed in this book. Readers will receive an understanding of an integrated approach towards the use of artificial intelligence across various industries and disciplines with a vision to address the strategic issues and priorities in the dynamic business environment in order to facilitate decision-making processes. Economists, board members of central banks, bankers, financial analysts, regulatory authorities, accounting and finance professionals, chief executive officers, chief audit officers and chief financial officers, chief financial officers, as well as business and management academic researchers, will benefit from reading this book.