The Nexus between Artificial Intelligence and Economics
Ad J. W. van de Gevel, "The Nexus between Artificial Intelligence and Economics "
English | ISBN: 3642336477 | 2013 | 124 pages | EPUB, PDF | 409 KB + 1085 KB
English | ISBN: 3642336477 | 2013 | 124 pages | EPUB, PDF | 409 KB + 1085 KB
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.