The Nexus between Artificial Intelligence and Economics

Business & Finance, Economics, Microeconomics, Nonfiction, Computers, Advanced Computing, Artificial Intelligence
Cover of the book The Nexus between Artificial Intelligence and Economics by Ad J. W. van de Gevel, Charles N. Noussair, Springer Berlin Heidelberg
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Author: Ad J. W. van de Gevel, Charles N. Noussair ISBN: 9783642336485
Publisher: Springer Berlin Heidelberg Publication: April 15, 2013
Imprint: Springer Language: English
Author: Ad J. W. van de Gevel, Charles N. Noussair
ISBN: 9783642336485
Publisher: Springer Berlin Heidelberg
Publication: April 15, 2013
Imprint: Springer
Language: English

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.​

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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.​

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