book published Wim Naudé author Thomas Gries author 186 Nicola Dimitri author 19 department 202 department 200 department 475 department <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> Cambridge University Press2024 eng 9781009483094 9781009483087 978100948311710.1017/9781009483094 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>. W. Naudé, T. Gries, and N. Dimitri, <i>Artificial Intelligence</i>. Cambridge University Press, 2024. 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> 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>. @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} } W. Naudé, T. Gries, N. Dimitri, Artificial Intelligence, Cambridge University Press, 2024. 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> 561542024-09-16T20:28:39Z2024-09-16T20:40:25Z