Beyond Reasoning, Artificial Intelligence and Data Analytics : Gaming Theories and the Nash Theory of Equilibrium (Presentation Slides)

The increasing influence of data and audit analytics does not only raise concerns about access and authorization to private information, but also revives matters relating to the imposition of rights and duties of auditors to report to shareholders. In view of the need to apportion regulatory duties and responsibilities in a manner which not only averts overburdening regulators with distracting functions – whilst holding other parties equally accountable – or at least accountable to a reasonable and proportionate extent, should corresponding level of obligatory duties to report be imposed on data analytic firms – as well as social media firms in matters relating to intention to access private and sensitive data? In cases where gaming theories apply – that is, the engagement of willing voluntary actors and parties - with outcomes which pertain and are identifiable as “win-win” situations – typically embodied and personified in situations which are linked to trade practices, organizational and business dealings – and even State involvements, isn't there a “win-win” situation for parties involved? Particularly where “reasonable” or adequate consideration has been exchanged in the knowledge that some benefits will be derived by certain parties? In certain situations, unintended or intended outcomes may eventually end up serving in the interests of the majority – even in those situations with highly unpredictable and uncertain outcomes