Narrow search
Showing 1 - 10 of 141
Cover Image
Artificial Intelligence and the economics of decision-making
Naudé, Wim - 2023
decisions. In this challenge, they confront two questions: what decision theory to follow and how to implement it in AI systems …. This paper provides answers to these questions and makes three contributions. The first is to discuss how economic decision … consideration of procedural rationality, overcoming computational difficulties, and understanding decision-making in disequilibrium …
Persistent link: https://www.econbiz.de/10014230173
Cover Image
Artificial intelligence and reduced SMEs' business risks : a dynamic capabilities analysis during the COVID-19 pandemic
Drydakis, Nick - 2022
The study utilises the International Labor Organization's SMEs COVID-19 pandemic business risks scale to determine whether Artificial Intelligence (AI) applications are associated with reduced business risks for SMEs. A new 10-item scale was developed to capture the use of AI applications in...
Persistent link: https://www.econbiz.de/10012822083
Cover Image
Automation and related technologies: a mapping of the new knowledge base
Santarelli, Enrico; Staccioli, Jacopo; Vivarelli, Marco - 2022
Using the entire population of USPTO patent applications published between 2002 and 2019, and leveraging on both patent classification and semantic analysis, this paper aims to map the current knowledge base centred on robotics and AI technologies. These technologies are investigated both as a...
Persistent link: https://www.econbiz.de/10012805445
Cover Image
The race of man and machine: implications of technology when abilities and demand constraints matter
Gries, Thomas; Naudé, Wim - 2021
In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu and Restrepo (2018b) combine the task-based model of the labor market with an endogenous growth model to model the economic consequences of artificial intelligence (AI). This...
Persistent link: https://www.econbiz.de/10012517812
Cover Image
Crowdsourcing artificial intelligence in Africa: findings from a machine learning contest
Naudé, Wim; Bray, Amy; Lee, Celina - 2021
In this paper, we study the crowdsourcing of innovation in Africa through a data science contest on an intermediated digital platform. We ran a Machine Learning (ML) contest on the continent's largest data science contest platform, Zindi. Contestants were surveyed on their motivations to take...
Persistent link: https://www.econbiz.de/10012589259
Cover Image
How do workers adjust when firms adopt new technologies?
Genz, Sabrina; Gregory, Terry; Janser, Markus; Lehmer, … - 2021
We investigate how workers adjust to firms' investments into new digital technologies, including artificial intelligence, augmented reality, or 3D printing. For this, we collected novel data that links survey information on firms' technology adoption to administrative social security data. We...
Persistent link: https://www.econbiz.de/10012603258
Cover Image
Breakthroughs, backlashes and Artificial General Intelligence : an extended real options approach
Gries, Thomas; Naudé, Wim - 2022
Breakthroughs and backlashes have marked progress in the development and diffusion of Artificial Intelligence (AI). These shocks make the investment in developing an Artificial General Intelligence (AGI) subject to considerable uncertainty. This paper applies a real options model, extended to...
Persistent link: https://www.econbiz.de/10012880024
Cover Image
Improving entrepreneurs' digital skills and firms' digital competencies through business apps training : a study of small firms
Drydakis, Nick - 2022
The lack of awareness of digital services and outcomes is a concern in business environments since small firms need to improve their digital competencies. The present exploratory study investigated whether business apps training was associated with entrepreneurs' and firms' digital advancements....
Persistent link: https://www.econbiz.de/10013172883
Cover Image
The impact of artificial intelligence on labor markets in developing countries: a new method with an illustration for Lao PDR and Viet Nam
Carbonero, Francesco; Davies, Jeremy; Ernst, Ekkehard; … - 2021
AI is transforming labor markets around the world. Existing research has focused on advanced economies but has neglected developing economies. Different impacts of AI on labor markets in different countries arise not only from heterogeneous occupational structures, but also from the fact that...
Persistent link: https://www.econbiz.de/10012795346
Cover Image
Modelling artificial intelligence in economics
Gries, Thomas; Naudé, Wim - 2021
Economists' two main theoretical approaches to understanding Artificial Intelligence (AI) impacts have been the task-approach to labor markets and endogenous growth theory. Therefore, the recent integration of the task-approach into an endogenous growth model by Acemoglu and Restrepo (AR) is a...
Persistent link: https://www.econbiz.de/10012485853