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Book The Economics of Artificial Intelligence

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2024-03-05 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Book Machines that Think

Download or read book Machines that Think written by Toby Walsh and published by Prometheus Books. This book was released on 2018 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: A scientist who has spent a career developing Artificial Intelligence takes a realistic look at the technological challenges and assesses the likely effect of AI on the future. How will Artificial Intelligence (AI) impact our lives? Toby Walsh, one of the leading AI researchers in the world, takes a critical look at the many ways in which "thinking machines" will change our world. Based on a deep understanding of the technology, Walsh describes where Artificial Intelligence is today, and where it will take us. * Will automation take away most of our jobs? * Is a "technological singularity" near? * What is the chance that robots will take over? * How do we best prepare for this future? The author concludes that, if we plan well, AI could be our greatest legacy, the last invention human beings will ever need to make.

Book Prediction Machines

    Book Details:
  • Author : Ajay Agrawal
  • Publisher : Harvard Business Press
  • Release : 2018-04-17
  • ISBN : 1633695689
  • Pages : 272 pages

Download or read book Prediction Machines written by Ajay Agrawal and published by Harvard Business Press. This book was released on 2018-04-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist, Google Artificial intelligence does the seemingly impossible, magically bringing machines to life--driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In the face of such uncertainty, many analysts either cower in fear or predict an impossibly sunny future. But in Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs. When AI is framed as cheap prediction, its extraordinary potential becomes clear: Prediction is at the heart of making decisions under uncertainty. Our businesses and personal lives are riddled with such decisions. Prediction tools increase productivity--operating machines, handling documents, communicating with customers. Uncertainty constrains strategy. Better prediction creates opportunities for new business structures and strategies to compete. Penetrating, fun, and always insightful and practical, Prediction Machines follows its inescapable logic to explain how to navigate the changes on the horizon. The impact of AI will be profound, but the economic framework for understanding it is surprisingly simple.

Book Beyond Artificial Intelligence

Download or read book Beyond Artificial Intelligence written by Jan Romportl and published by Springer. This book was released on 2014-08-11 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an edited collection of chapters based on the papers presented at the conference “Beyond AI: Artificial Dreams” held in Pilsen in November 2012. The aim of the conference was to question deep-rooted ideas of artificial intelligence and cast critical reflection on methods standing at its foundations. Artificial Dreams epitomize our controversial quest for non-biological intelligence and therefore the contributors of this book tried to fully exploit such a controversy in their respective chapters, which resulted in an interdisciplinary dialogue between experts from engineering, natural sciences and humanities. While pursuing the Artificial Dreams, it has become clear that it is still more and more difficult to draw a clear divide between human and machine. And therefore this book tries to portrait such an image of what lies beyond artificial intelligence: we can see the disappearing human-machine divide, a very important phenomenon of nowadays technological society, the phenomenon which is often uncritically praised, or hypocritically condemned. And so this phenomenon found its place in the subtitle of the whole volume as well as in the title of the chapter of Kevin Warwick, one of the keynote speakers at “Beyond AI: Artificial Dreams”.

Book Scary Smart

Download or read book Scary Smart written by Mo Gawdat and published by Bluebird. This book was released on 2022-12-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Sunday Times Business Book of the Year. Scary Smart will teach you how to navigate the scary and inevitable intrusion of Artificial Intelligence, with an accessible blueprint for creating a harmonious future alongside AI. From Mo Gawdat, the former Chief Business Officer at Google [X] and bestselling author of Solve for Happy. Technology is putting our humanity at risk to an unprecedented degree. This book is not for engineers who write the code or the policy makers who claim they can regulate it. This is a book for you. Because, believe it or not, you are the only one that can fix it. - Mo Gawdat Artificial intelligence is smarter than humans. It can process information at lightning speed and remain focused on specific tasks without distraction. AI can see into the future, predict outcomes and even use sensors to see around physical and virtual corners. So why does AI frequently get it so wrong and cause harm? The answer is us: the human beings who write the code and teach AI to mimic our behaviour. Scary Smart explains how to fix the current trajectory now, to make sure that the AI of the future can preserve our species. This book offers a blueprint, pointing the way to what we can do to safeguard ourselves, those we love, and the planet itself. 'No one ever regrets reading anything Mo Gawdat has written.' - Emma Gannon, author of The Multi-Hyphen Method and host of the podcast Ctrl Alt Delete

Book Predicting Human Decision Making

Download or read book Predicting Human Decision Making written by Ariel Geib and published by Springer Nature. This book was released on 2022-05-31 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human decision-making often transcends our formal models of "rationality." Designing intelligent agents that interact proficiently with people necessitates the modeling of human behavior and the prediction of their decisions. In this book, we explore the task of automatically predicting human decision-making and its use in designing intelligent human-aware automated computer systems of varying natures—from purely conflicting interaction settings (e.g., security and games) to fully cooperative interaction settings (e.g., autonomous driving and personal robotic assistants). We explore the techniques, algorithms, and empirical methodologies for meeting the challenges that arise from the above tasks and illustrate major benefits from the use of these computational solutions in real-world application domains such as security, negotiations, argumentative interactions, voting systems, autonomous driving, and games. The book presents both the traditional and classical methods as well as the most recent and cutting edge advances, providing the reader with a panorama of the challenges and solutions in predicting human decision-making.

Book Artificial Intelligence Predicts Market Behaviors

Download or read book Artificial Intelligence Predicts Market Behaviors written by Johnny Ch Lok and published by . This book was released on 2020-01-27 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenge to using (AI) neural networks to predict customer behavior from big data gather tool(AI) big data gather tool will encounter the challenge: How can predict customer behavior be represented as sequential data describing the interactions of the customer with a company or an (AI) data gather system through the time, e.g. these interactions are items that the customer purchase or views ? So, every customer data gather, (AI) needs to spend time to analyze how and why to cause whose consumption behavioral choice. It is too difficult matter or judgement for (AI) learning. So, (AI) needs to spend time to learn how to analyze every customer's shopping behavior or actin in order to gather all different consumers' past shopping action information in order to help business owners to predict future its potential customer shopping behavior how to change more clear and accurate prediction. (AI) big data gather tool needs to learn to know that how to judge every customer interaction likes purchases over time can be represented with sequential data. Sequential data has the main property that the order of the information is important. Many (AI) machine learning models are not suited for sequential data, as they consider each input sample independent from previous ones. Therefore, at the end of the sequence, (AI) big data gather learn machines need to keep in their internal state of every customer purchase data, kind of product or service, price, whole year consumption times form all previous inputs, making them suitable for this type of data.However, consumer behavior can be represented as sequential data describing the interactions through the time. Examples of these interactions are the items that the user purchases or views. Therefore, the history of interactions can be modeled as sequential data, which has the particular trial that an incorporate a temporal aspect. For example, if a user buys a new mobile phone, who might purchase accessories for this mobile phone in the near future or it the user buys a electronic book or paper book, he might be interested in books by the same author. Therefore, to make accurate predictions is important to model this temporal aspect correctly. To solve this predictive challenge of consumers to buy the product. One count the number of purchased products of a particular category in the last N days, or the number of days since the last purchase.

Book Beyond Artificial Intelligence

Download or read book Beyond Artificial Intelligence written by Jozef Kelemen and published by Springer Science & Business Media. This book was released on 2012-10-20 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Products of modern artificial intelligence (AI) have mostly been formed by the views, opinions and goals of the “insiders”, i.e. people usually with engineering background who are driven by the force that can be metaphorically described as the pursuit of the craft of Hephaestus. However, since the present-day technology allows for tighter and tighter mergence of the “natural” everyday human life with machines of immense complexity, the responsible reaction of the scientific community should be based on cautious reflection of what really lies beyond AI, i.e. on the frontiers where the tumultuous ever-growing and ever-changing cloud of AI touches the rest of the world. The chapters of this boo are based on the selected subset of the presentations that were delivered by their respective authors at the conference “Beyond AI: Interdisciplinary Aspects of Artificial Intelligence” held in Pilsen in December 2011. From its very definition, the reflection of the phenomena that lie beyond AI must be inherently interdisciplinary. And so is this book: all the authors took part in a mutual transdisciplinary dialogue after explaining their views on AI not only to a narrow selection of their usual close peers with the same specialisation, but to a much broader audience of various experts from AI engineering, natural sciences, humanities and philosophy. The chapters of this book thus reflect results of such a dialogue.

Book The Singularity Is Near

Download or read book The Singularity Is Near written by Ray Kurzweil and published by Penguin. This book was released on 2005-09-22 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • Celebrated futurist Ray Kurzweil, hailed by Bill Gates as “the best person I know at predicting the future of artificial intelligence,” presents an “elaborate, smart, and persuasive” (The Boston Globe) view of the future course of human development. “Artfully envisions a breathtakingly better world.”—Los Angeles Times “Startling in scope and bravado.”—Janet Maslin, The New York Times “An important book.”—The Philadelphia Inquirer At the onset of the twenty-first century, humanity stands on the verge of the most transforming and thrilling period in its history. It will be an era in which the very nature of what it means to be human will be both enriched and challenged as our species breaks the shackles of its genetic legacy and achieves inconceivable heights of intelligence, material progress, and longevity. While the social and philosophical ramifications of these changes will be profound, and the threats they pose considerable, The Singularity Is Near presents a radical and optimistic view of the coming age that is both a dramatic culmination of centuries of technological ingenuity and a genuinely inspiring vision of our ultimate destiny.

Book Artificial Intelligence in Society

Download or read book Artificial Intelligence in Society written by OECD and published by OECD Publishing. This book was released on 2019-06-11 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The artificial intelligence (AI) landscape has evolved significantly from 1950 when Alan Turing first posed the question of whether machines can think. Today, AI is transforming societies and economies. It promises to generate productivity gains, improve well-being and help address global challenges, such as climate change, resource scarcity and health crises.

Book Handbook of Research on Disease Prediction Through Data Analytics and Machine Learning

Download or read book Handbook of Research on Disease Prediction Through Data Analytics and Machine Learning written by Rani, Geeta and published by IGI Global. This book was released on 2020-10-16 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: By applying data analytics techniques and machine learning algorithms to predict disease, medical practitioners can more accurately diagnose and treat patients. However, researchers face problems in identifying suitable algorithms for pre-processing, transformations, and the integration of clinical data in a single module, as well as seeking different ways to build and evaluate models. The Handbook of Research on Disease Prediction Through Data Analytics and Machine Learning is a pivotal reference source that explores the application of algorithms to making disease predictions through the identification of symptoms and information retrieval from images such as MRIs, ECGs, EEGs, etc. Highlighting a wide range of topics including clinical decision support systems, biomedical image analysis, and prediction models, this book is ideally designed for clinicians, physicians, programmers, computer engineers, IT specialists, data analysts, hospital administrators, researchers, academicians, and graduate and post-graduate students.

Book Power and Prediction

Download or read book Power and Prediction written by Ajay Agrawal and published by Harvard Business Press. This book was released on 2022-11-15 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disruption resulting from the proliferation of AI is coming. The authors of the bestselling Prediction Machines can help you prepare. Artificial intelligence (AI) has impacted many industries around the world—banking and finance, pharmaceuticals, automotive, medical technology, manufacturing, and retail. But it has only just begun its odyssey toward cheaper, better, and faster predictions that drive strategic business decisions. When prediction is taken to the max, industries transform, and with such transformation comes disruption. What is at the root of this? In their bestselling first book, Prediction Machines, eminent economists Ajay Agrawal, Joshua Gans, and Avi Goldfarb explained the simple yet game-changing economics of AI. Now, in Power and Prediction, they go deeper, examining the most basic unit of analysis: the decision. The authors explain that the two key decision-making ingredients are prediction and judgment, and we perform both together in our minds, often without realizing it. The rise of AI is shifting prediction from humans to machines, relieving people from this cognitive load while increasing the speed and accuracy of decisions. This sets the stage for a flourishing of new decisions and has profound implications for system-level innovation. Redesigning systems of interdependent decisions takes time—many industries are in the quiet before the storm—but when these new systems emerge, they can be disruptive on a global scale. Decision-making confers power. In industry, power confers profits; in society, power confers control. This process will have winners and losers, and the authors show how businesses can leverage opportunities, as well as protect their positions. Filled with illuminating insights, rich examples, and practical advice, Power and Prediction is the must-read guide for any business leader or policymaker on how to make the coming AI disruptions work for you rather than against you.

Book Artificial Intelligence and Legal Analytics

Download or read book Artificial Intelligence and Legal Analytics written by Kevin D. Ashley and published by Cambridge University Press. This book was released on 2017-07-10 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes how text analytics and computational models of legal reasoning will improve legal IR and let computers help humans solve legal problems.

Book Artificial Intelligence Marketing and Predicting Consumer Choice

Download or read book Artificial Intelligence Marketing and Predicting Consumer Choice written by Steven Struhl and published by Kogan Page Publishers. This book was released on 2017-04-03 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to predict consumer choice is a fundamental aspect to success for any business. In the context of artificial intelligence marketing, there are a wide array of predictive analytic techniques available to achieve this purpose, each with its own unique advantages and disadvantages. Artificial Intelligence Marketing and Predicting Consumer Choice serves to integrate these widely disparate approaches, and show the strengths, weaknesses, and best applications of each. It provides a bridge between the person who must apply or learn these problem-solving methods and the community of experts who do the actual analysis. It is also a practical and accessible guide to the many remarkable advances that have been recently made in this fascinating field. Online resources: bonus chapters on AI, ensembles and neural nets, and finishing experiments, plus single and multiple product simulators.

Book Artificial Intelligence Predicts Market Change

Download or read book Artificial Intelligence Predicts Market Change written by Johnny Ch LOK and published by . This book was released on 2020-01-27 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why can artificial intelligence reading machine satisfy human reading needs?First, On machine-man satisfactory demand aspect view point, it makes computers that think, it is the automation of activities. We associate with human thinking: like decision making, learning. It is the act of creating machine that perform function that require intelligence when performed by people. It is the study of mental faculties through the use of computational models. It is the study of computations that make it possible to perceive, reason and act. It is a branch of computer science that is concerned with the automation of intelligent behavior. It is anything in computing service that human don't yet know how to do property. Second, on thought aspect artificial intelligence means systems thank think like humans, systems that think rationally. Third, on behavioral aspect, artificial intelligence systems that act like human and that systems act rationally. However, the basic objective of (AI) is to represent human's thought processes in computation . These machines are supposed to exhibit behavior that. It is performed by a human being, would be considered intelligent. However, some authors feel (AI) has disadvantages, such as it is not creative, it is excited in the use of sensory devices, it can't make use of a very wide context of experiences and it does not use common sense.For speech recognition and understanding function needs example, (AI) can be applied in speech recognition and understanding function, which (AI) speech or voice recognition is a data input method. For example, the computer recognizes and understands one ( or a few) word commands. Speech understanding on the other hand is the computer's ability to understanding a spoken language. That is , the computer understands the meaning of sentences, an paragraphs through (AI). So, (AI) can be attempted to learn human language how to speak. It is similar to translate human language skill, instead of actual human speaking skill. Also, (AI) can assist handicap learning or language student how to listen different languages by machine-man sounds from computers more accurately. So, it seems that it (AI) can replace human language teachers speaking function and can change teaching language nature of job in language speaking and listening education industry.⦁Is artificial intelligence reading machine one good choice for human future technological readingbenefit?Nowadays, new technology development is popular. However, artificial intelligence is one kind of new technology choice among different technologies innovation. So it brings this question: Is artificial intelligence technology value to invest? To answer this question. I shall indicate some other new technology developments to compare (AI) technology development to judge which has urgent needs to achieve human expectation nowadays. For example, why is green peace interested in new technologies? New technologies features prominently in our ongoing campaigns against genetic modified crops and number power. However, which are also an integral part of our solutions to environmental challenges, including renewable energy technologies, such as solar, wind and wave ( water) power energy as well as waste treatment technologies, such as mechanical, biological treatment. It seems humans need concern how to apply (AI) technology to solve environment pollution challenges in our future. So, environment protective, agriculture, natural energy technology will be popular demand to attempt to apply (AI) technology to solve their challenges or apply (AI) to assist to develop their industry.Artificial intelligence future reading defense

Book Artificial Intelligence and Knowledge Processing

Download or read book Artificial Intelligence and Knowledge Processing written by Hemachandran K and published by CRC Press. This book was released on 2023-09-06 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence and Knowledge Processing play a vital role in various automation industries and their functioning in converting traditional industries to AI-based factories. This book acts as a guide and blends the basics of Artificial Intelligence in various domains, which include Machine Learning, Deep Learning, Artificial Neural Networks, and Expert Systems, and extends their application in all sectors. Artificial Intelligence and Knowledge Processing: Improved Decision-Making and Prediction, discusses the designing of new AI algorithms used to convert general applications to AI-based applications. It highlights different Machine Learning and Deep Learning models for various applications used in healthcare and wellness, agriculture, and automobiles. The book offers an overview of the rapidly growing and developing field of AI applications, along with Knowledge of Engineering, and Business Analytics. Real-time case studies are included across several different fields such as Image Processing, Text Mining, Healthcare, Finance, Digital Marketing, and HR Analytics. The book also introduces a statistical background and probabilistic framework to enhance the understanding of continuous distributions. Topics such as Ensemble Models, Deep Learning Models, Artificial Neural Networks, Expert Systems, and Decision-Based Systems round out the offerings of this book. This multi-contributed book is a valuable source for researchers, academics, technologists, industrialists, practitioners, and all those who wish to explore the applications of AI, Knowledge Processing, Deep Learning, and Machine Learning.

Book Interpretable Machine Learning

Download or read book Interpretable Machine Learning written by Christoph Molnar and published by Lulu.com. This book was released on 2020 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about making machine learning models and their decisions interpretable. After exploring the concepts of interpretability, you will learn about simple, interpretable models such as decision trees, decision rules and linear regression. Later chapters focus on general model-agnostic methods for interpreting black box models like feature importance and accumulated local effects and explaining individual predictions with Shapley values and LIME. All interpretation methods are explained in depth and discussed critically. How do they work under the hood? What are their strengths and weaknesses? How can their outputs be interpreted? This book will enable you to select and correctly apply the interpretation method that is most suitable for your machine learning project.