Forces Shaping AI innovation and applications: Areas of the economic impact

 AI technologies are developed and deployed in complex environments. The confluence of all the market forces that inhibit and accelerate advanced technologies makes it difficult to forecast. One of the ways to handle this complexity is game theory. While it is often tricky to capture all the complexities, and in this case, it certainly is, the general idea seems intuitively correct: the economic process will settle at an equilibrium point that satisfies the external conditions. Additionally, factors defining the environment are dynamic in a short time, and hard to predict long-term trends, which undoubtedly contributes to a lot of uncertainty and movement of the equilibrium. This brief introduction is part of a more extensive study that attempts to find where that #equilibrium point might be: somewhere between the regulatory forces, the court of public opinion, the scientific curiosity of researchers, and powerful forces that drive economic growth.

#AI #economy #productivity #socialimpact #responsibleai #gametheory

https://aimotifs.substack.com/p/forces-shaping-ai-innovation-and?sd=pf