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This paper seeks to contribute to the understanding of diffusion patterns and relatedness withinICT as a technology system in the EU28 region. Considering ICT as a technology system, first,I break down ICT into a set of distinct technologies employing OECD and WIPO classifications.Then, using...
Persistent link: https://www.econbiz.de/10012496429
This paper offers a novel perspective on the implications of increasingly autonomous and “black box” algorithms, within the ramification of algorithmic trading, for the integrity of capital markets. Artificial intelligence (AI) and particularly its subfield of machine learning (ML) methods...
Persistent link: https://www.econbiz.de/10012587161
It is claimed that robots, algorithms and artificial intelligence are going to destroy jobs on an unprecedented scale. These developments, unlike past bouts of technical change, threaten rapidly to affect even highly-skilled work and lead to mass unemployment and/or dramatic falls in wages and...
Persistent link: https://www.econbiz.de/10013224812
The objective of the study is to examine the practical implications of using artificial intelligence (AI) based solutions in the case of retail mobile applications, to enhance the online shopping experience and improve the engagement by also having in mind the privacy of the users. We examined...
Persistent link: https://www.econbiz.de/10012821081
Aim/purpose - This research presents a conceptual stakeholder accountability model for mapping the project actors to the conduct for which they should be held accountable in artificial intelligence (AI) projects. AI projects differ from other projects in important ways, including in their...
Persistent link: https://www.econbiz.de/10014325038
Predictive AI is increasingly used to guide decisions on agents. I show that even a bias-neutral predictive AI can potentially amplify exogenous (human) bias in settings where the predictive AI represents a cost-adjusted precision gain to unbiased predictions, and the final judgments are made by...
Persistent link: https://www.econbiz.de/10014452605
Artificial intelligence has evolved from early concepts like Turing's machine to today's advanced vision, machine learning and neural networks. AI revolutionizes various industries: manufacturing processes, financial services, healthcare and energy management. These applications highlight AI's...
Persistent link: https://www.econbiz.de/10015424143
The spatial granularity of poverty statistics can have a significant impact on the efficiency of targeting resources meant to improve the living conditions of the poor. However, achieving granularity typically requires increasing the sample sizes of surveys on household income and expenditure or...
Persistent link: https://www.econbiz.de/10012403950
Where should better learning technology (such as machine learning or AI) improve decisions? I develop a model of decision-making in which better learning technology is complementary with experimentation. Noisy, inconsistent decision-making introduces quasi-experimental variation into training...
Persistent link: https://www.econbiz.de/10012038853
We show that disclosing machine predictions to affected parties can trigger self-fulfilling prophecies. In an investment game, we experimentally vary investors' and recipients' access to a machine prediction about recipients' likelihood to pay back an investment. Recipients who privately learn...
Persistent link: https://www.econbiz.de/10012501359