The manuscript reviews some key ideas about artificial intelligence, and relates them to economics. These include its relation to robotics, and the concepts of synthetic emotions, consciousness, and life. The economic implications of the advent of artificial intelligence, such as its effect on prices and wages, appropriate patent policy, and the possibility of accelerating productivity, are discussed. The growing field of artificial economics and the use of artificial agents in experimental economics is considered.​

Artificial intelligence will radically change our lives--just not in the ways you might think. You've been made to believe that AI will take your job. The truth is AI will deeply change the nature of work itself and lead to the creation of jobs that don't exist yet. Sensational media reports speculate about the "rise of the machines" but fail to see that there's no real intelligence in AI. It is not an all-seeing master, but rather a functional tool that must combine with the intelligence we possess to be effective. With The AI Republic, Terence Tse, Mark Esposito, and Danny Goh have not written a book for coders, but for everyone curious about a future shaped by AI. They demystify this life-changing technology and explain how we can build a shared space where humans and intelligent automation work together, whether you're a business executive who wants to implement it, a government leader responsible for policy creation, or a parent who wants to prepare your children to grow up with AI as a companion.

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.

This book addresses the development and adoption of artificial intelligence (AI) in and by companies and the consequent need for private sector AI regulation. Highlighting the challenges to responsible business conduct and considering stakeholder interests, it identifies ethical concerns and discusses AI standards and AI norms. Based on this needs-based analysis, the author chooses relational economics as a suitable approach to develop a theoretical AI governance model. In doing so, AI is conceptualized within relational economics in the form of an autopoietic system. Building on this theoretical contribution, the book specifies the governance adaptivity of the relational AI governance approach for an unregulated AI market and for the case of the pending E.U. AI regulation, and complements it with inductively conducted categories that summarize the main research streams in AI ethics.

This book provides a manifesto to data democracy. After reading the chapters of this book, you are informed and suitably warned! You are already part of the data republic, and you (and all of us) need to ensure that our data fall in the right hands. Everything you click, buy, swipe, try, sell, drive, or fly is a data point. But who owns the data? At this point, not you! You do not even have access to most of it. The next best empire of our planet is one who owns and controls the world's best dataset. If you consume or create data, if you are a citizen of the data republic (willingly or grudgingly), and if you are interested in making a decision or finding the truth through data-driven analysis, this book is for you. A group of experts, academics, data science researchers, and industry practitioners gathered to write this manifesto about data democracy. - The future of the data republic, life within a data democracy, and our digital freedoms. - An in-depth analysis of open science, open data, open source software, and their future challenges. - A comprehensive review of data democracy's implications within domains such as: healthcare, space exploration, earth sciences, business, and psychology. - The democratization of Artificial Intelligence (AI), and data issues such as: bias, imbalance, context, and knowledge extraction. - A systematic review of AI methods applied to software engineering problems.