Related papers: Artificial Intelligence and Economic Theories
This paper investigates the impact of the adoption of generative AI on financial stability. We conduct laboratory-style experiments using large language models to replicate classic studies on herd behavior in trading decisions. Our results…
Artificial intelligence (AI) represents a technological upheaval with the potential to change human society. Because of its transformative potential, AI is increasingly becoming subject to regulatory initiatives at the global level. Yet, so…
The widespread adoption of generative artificial intelligence (AI) has fundamentally transformed technological landscapes and societal structures in recent years. Our objective is to identify the primary methodologies that may be used to…
Cognitive Science has profoundly shaped disciplines such as Artificial Intelligence (AI), Philosophy, Psychology, Neuroscience, Linguistics, and Culture. Many breakthroughs in AI trace their roots to cognitive theories, while AI itself has…
It is widely assumed that increases in economic productivity necessarily lead to economic growth. In this paper, it is shown that this is not always the case. An idealized model of an economy is presented in which a new technology allows…
Artificial Intelligence is rapidly embedding itself within militaries, economies, and societies, reshaping their very foundations. Given the depth and breadth of its consequences, it has never been more pressing to understand how to ensure…
The rapid developments of Artificial Intelligence in the last decade are influencing Aerospace Engineering to a great extent and research in this context is proliferating. We share our observations on the recent developments in the area of…
This chapter explores the ways in which organisational readiness and scientific advances in Artificial Intelligence have been affecting the demand for skills and their training in Australia and other nations leading in the promotion, use or…
The rapid advancement of artificial intelligence (AI) technologies presents profound challenges to societal safety. As AI systems become more capable, accessible, and integrated into critical services, the dual nature of their potential is…
The rapid rise of AI-based autonomous agents is transforming human society and economic systems, as these entities increasingly exhibit human-like or superhuman intelligence. From excelling at complex games like Go to tackling diverse…
Artificial Intelligence (AI) is one of today's most relevant emergent technologies. In view thereof, this paper proposes that more attention should be paid to the philosophical aspects of AI technology and its use. It is argued that this…
Artificial intelligence (AI) signals the beginning of a revolutionary period where technological advancement and social change interact to completely reshape economies, work paradigms, and industries worldwide. This essay addresses the…
Biological intelligence is inherently adaptive -- animals continually adjust their actions based on environmental feedback. However, creating adaptive artificial intelligence (AI) remains a major challenge. The next frontier is to go beyond…
Advances in artificial intelligence (AI) have great potential to help address societal challenges that are both collective in nature and present at national or trans-national scale. Pressing challenges in healthcare, finance, infrastructure…
Artificial Intelligence (AI) is used to create more sustainable production methods and model climate change, making it a valuable tool in the fight against environmental degradation. This paper describes the paradox of an energy-consuming…
Artificial intelligence (AI) can revolutionize the development industry, primarily electrical and electronics engineering. By automating recurring duties, AI can grow productivity and efficiency in creating. For instance, AI can research…
This article is a brief guide to the field of algorithmic information theory (AIT), its underlying philosophy, and the most important concepts. AIT arises by mixing information theory and computation theory to obtain an objective and…
This study investigates the impact of artificial intelligence (AI) technology on cross-border trade using a qualitative content analysis approach. By synthesizing existing empirical studies, we aim to quantify the overall effect of AI on…
Artificial intelligence (AI) is intrinsically data-driven. It calls for the application of statistical concepts through human-machine collaboration during generation of data, development of algorithms, and evaluation of results. This paper…
Artificial Intelligence (AI) is increasingly being used for generating digital assets, such as programming codes and images. Games composed of various digital assets are thus expected to be influenced significantly by AI. Leveraging public…