---
_id: '56154'
abstract:
- lang: eng
  text: '<jats:p>Is Artificial Intelligence a more significant invention than electricity?
    Will it result in explosive economic growth and unimaginable wealth for all, or
    will it cause the extinction of all humans? Artificial Intelligence: Economic
    Perspectives and Models provides a sober analysis of these questions from an economics
    perspective. It argues that to better understand the impact of AI on economic
    outcomes, we must fundamentally change the way we think about AI in relation to
    models of economic growth. It describes the progress that has been made so far
    and offers two ways in which current modelling can be improved: firstly, to incorporate
    the nature of AI as providing abilities that complement and/or substitute for
    labour, and secondly, to consider demand-side constraints. Outlining the decision-theory
    basis of both AI and economics, this book shows how this, and the incorporation
    of AI into economic models, can provide useful tools for safe, human-centered
    AI.</jats:p>'
alternative_title:
- Economic Perspectives and Models
author:
- first_name: Wim
  full_name: Naudé, Wim
  last_name: Naudé
- first_name: Thomas
  full_name: Gries, Thomas
  id: '186'
  last_name: Gries
- first_name: Nicola
  full_name: Dimitri, Nicola
  last_name: Dimitri
citation:
  ama: Naudé W, Gries T, Dimitri N. <i>Artificial Intelligence</i>. Cambridge University
    Press; 2024. doi:<a href="https://doi.org/10.1017/9781009483094">10.1017/9781009483094</a>
  apa: Naudé, W., Gries, T., &#38; Dimitri, N. (2024). <i>Artificial Intelligence</i>.
    Cambridge University Press. <a href="https://doi.org/10.1017/9781009483094">https://doi.org/10.1017/9781009483094</a>
  bibtex: '@book{Naudé_Gries_Dimitri_2024, title={Artificial Intelligence}, DOI={<a
    href="https://doi.org/10.1017/9781009483094">10.1017/9781009483094</a>}, publisher={Cambridge
    University Press}, author={Naudé, Wim and Gries, Thomas and Dimitri, Nicola},
    year={2024} }'
  chicago: Naudé, Wim, Thomas Gries, and Nicola Dimitri. <i>Artificial Intelligence</i>.
    Cambridge University Press, 2024. <a href="https://doi.org/10.1017/9781009483094">https://doi.org/10.1017/9781009483094</a>.
  ieee: W. Naudé, T. Gries, and N. Dimitri, <i>Artificial Intelligence</i>. Cambridge
    University Press, 2024.
  mla: Naudé, Wim, et al. <i>Artificial Intelligence</i>. Cambridge University Press,
    2024, doi:<a href="https://doi.org/10.1017/9781009483094">10.1017/9781009483094</a>.
  short: W. Naudé, T. Gries, N. Dimitri, Artificial Intelligence, Cambridge University
    Press, 2024.
date_created: 2024-09-16T20:28:39Z
date_updated: 2024-09-16T20:40:25Z
department:
- _id: '19'
- _id: '202'
- _id: '200'
- _id: '475'
doi: 10.1017/9781009483094
language:
- iso: eng
publication_identifier:
  isbn:
  - '9781009483094'
  - '9781009483087'
  - '9781009483117'
publication_status: published
publisher: Cambridge University Press
status: public
title: Artificial Intelligence
type: book
user_id: '186'
year: '2024'
...