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The claims that big data holds the key to enterprise successes and that Artificial Intelligence is going to replace humanity have become increasingly more popular over the past few years, both in academia and in the industry. However, while…
Policymakers face a broader challenge of how to view AI capabilities today and where does society stand in terms of those capabilities. This paper surveys AI capabilities and tackles this very issue, exploring it in context of political…
We present a theoretical framework assessing the economic implications of bias in AI-powered emergency response systems. Integrating health economics, welfare economics, and artificial intelligence, we analyze how algorithmic bias affects…
The global surge in AI applications is transforming industries, leading to displacement and complementation of existing jobs, while also giving rise to new employment opportunities. Data annotation, encompassing the labelling of images or…
The fast pace of artificial intelligence (AI) and automation is propelling strategists to reshape their business models. This is fostering the integration of AI in the business processes but the consequences of this adoption are…
Recent development in AI has enabled the expansion of its application to multiple domains. From medical treatment, gaming, manufacturing to daily business processes. A huge amount of money has been poured into AI research due to its…
Artificial intelligence (AI) is now widely used to facilitate social interaction, but its impact on social relationships and communication is not well understood. We study the social consequences of one of the most pervasive AI…
Artificial intelligence (AI) is being increasingly integrated into human problem-solving, yet its effects on individual skill development remain unclear. We examine how both AI usage and informativeness can shape learning in the context of…
Artificial Intelligence (AI) is increasingly central to economic growth, promising new efficiencies and markets. This economic significance has sparked debate over AI regulation: do rules and oversight bolster long term growth by building…
The increasing adoption of data-driven applications in education such as in learning analytics and AI in education has raised significant privacy and data protection concerns. While these challenges have been widely discussed in previous…
The growing integration of Artificial Intelligence (AI) into Human Resources (HR) processes has transformed the way organizations manage recruitment, performance evaluation, and employee engagement. While AI offers numerous advantages, such…
We study the effects of introducing information inefficiency in a model for a random linear economy with a representative consumer. This is done by considering statistical, instead of classical, economic general equilibria. Employing two…
Machine learning is increasingly used in the most diverse applications and domains, whether in healthcare, to predict pathologies, or in the financial sector to detect fraud. One of the linchpins for efficiency and accuracy in machine…
Advances in AI are widely understood to have implications for cybersecurity. Articles have emphasized the effect of AI on the cyber offense-defense balance, and commentators can be found arguing either that cyber will privilege attackers or…
There is growing concern over the potential misuse of artificial intelligence (AI) research. Publishing scientific research can facilitate misuse of the technology, but the research can also contribute to protections against misuse. This…
This article addresses the societal costs associated with the lack of regulation in Artificial Intelligence and proposes a framework combining innovation and regulation. Over fifty years of AI research, catalyzed by declining computing…
Rapid technological advancements in AI as well as the growing deployment of intelligent technologies in new application domains are currently driving the competition between businesses, nations and regions. This race for technological…
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…
Technological progress has led to powerful computers and communication technologies that penetrate nowadays all areas of science, industry and our private lives. As a consequence, all these areas are generating digital traces of data…
The performance of machine learning algorithms can be considerably improved when trained over larger datasets. In many domains, such as medicine and finance, larger datasets can be obtained if several parties, each having access to limited…