Name: The Microeconomics of Artificial Intelligence (en Inglés)
SKU: 64622040
Price: 119.13 USD
Availability: InStock
Author: Joshua Gans

portada The Microeconomics of Artificial Intelligence (en Inglés)

The Microeconomics of Artificial Intelligence (en Inglés)

Formato

Libro Físico

Editorial

MIT Press

Autor

Joshua Gans

Año

2025

Idioma

Inglés

N° páginas

434

Encuadernación

Tapa Dura

Dimensiones

23.62x16x3.56 cm

ISBN13

9780262553544

The Microeconomics of Artificial Intelligence (en Inglés)

Joshua Gans (Autor) · MIT Press · Tapa Dura

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Reseña del libro "The Microeconomics of Artificial Intelligence (en Inglés)"

A comprehensive treatment of the microeconomics associated with the adoption and use of artificial intelligence.

It is well-recognized that recent advances in AI are exclusively advances in statistical techniques for prediction. While this may facilitate automation, this result is secondary to AI’s impact on decision-making. From an economics perspective, predictions have their first-order impacts on the efficiency of decision-making.

In The Microeconomics of Artificial Intelligence, Joshua Gans examines AI as prediction that enhances and perhaps enables decision-making, focusing on the impacts that arise within firms or industries rather than broad economy-wide impacts on employment and productivity. He analyzes what the supply and production characteristics of AI are and what the drivers of the demand for AI prediction are. Putting these together, he explores how supply and demand conditions lead to a price for predictions and how this price is shaped by market structure. Finally, from a microeconomics perspective, he explores the key policy trade-offs for antitrust, privacy, and other regulations.