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Foundation models (FMs) are the origin of breakthrough innovations in generative artificial intelligence (AI) applications, such as ChatGPT. Only responsible developments in competitive markets can help ensure that FMs deliver their full benefits at minimum risk. FM developers require language...
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This paper analyzes the impact of Mapa- Regalías on efficiency in the execution of public investment projects in Colombia. MapaRegalías is an online platform that displays geo-referenced information and data on royalties coming from the extractives sector. The purpose of the platform is to...
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, its risk profile, industry networks and dominant practices. Innovation and integration of digital technology are both … important because of their potential to promote development by spurring innovation, improving efficiency and increasing … inclusion. This paper explores how these mechanisms - innovation, inclusion and efficiency - have been integral to microfinance …
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enhance competitiveness through innovation. These technologies have significantly improved global welfare, particularly in …
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The history of AI in economics is long and winding, much the same as the evolving field of AI itself. Economists have engaged with AI since its beginnings, albeit in varying degrees and with changing focus across time and places. In this study, we have explored the diffusion of AI and different...
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As artificial intelligence (AI) thrives and propagates through modern life, a key question to ask is how to include humans in future AI? Despite humaninvolvement at every stage of the production process from conception and design through to implementation, modern AI is still often criticized for...
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