The Economics of Artificial Intelligence

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Release : 2024-03-05
Genre : Business & Economics
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Book Rating : 127/5 ( reviews)

The Economics of Artificial Intelligence - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economics of Artificial Intelligence write by Ajay Agrawal. This book was released on 2024-03-05. The Economics of Artificial Intelligence available in PDF, EPUB and Kindle. 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.

Capitalism

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Release : 2016-01-15
Genre : Business & Economics
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Book Rating : 657/5 ( reviews)

Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Capitalism write by Anwar Shaikh. This book was released on 2016-01-15. Capitalism available in PDF, EPUB and Kindle. Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

Economic Studies

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Release : 1985
Genre : Economics
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Economic Studies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Studies write by Walter Bagehot. This book was released on 1985. Economic Studies available in PDF, EPUB and Kindle.

Economic Studies

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Release : 1897
Genre : Business
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Economic Studies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Studies write by . This book was released on 1897. Economic Studies available in PDF, EPUB and Kindle.

How Economics Shapes Science

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Release : 2015-09-07
Genre : Business & Economics
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Book Rating : 559/5 ( reviews)

How Economics Shapes Science - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How Economics Shapes Science write by Paula Stephan. This book was released on 2015-09-07. How Economics Shapes Science available in PDF, EPUB and Kindle. The beauty of science may be pure and eternal, but the practice of science costs money. And scientists, being human, respond to incentives and costs, in money and glory. Choosing a research topic, deciding what papers to write and where to publish them, sticking with a familiar area or going into something new—the payoff may be tenure or a job at a highly ranked university or a prestigious award or a bump in salary. The risk may be not getting any of that. At a time when science is seen as an engine of economic growth, Paula Stephan brings a keen understanding of the ongoing cost-benefit calculations made by individuals and institutions as they compete for resources and reputation. She shows how universities offload risks by increasing the percentage of non-tenure-track faculty, requiring tenured faculty to pay salaries from outside grants, and staffing labs with foreign workers on temporary visas. With funding tight, investigators pursue safe projects rather than less fundable ones with uncertain but potentially path-breaking outcomes. Career prospects in science are increasingly dismal for the young because of ever-lengthening apprenticeships, scarcity of permanent academic positions, and the difficulty of getting funded. Vivid, thorough, and bold, How Economics Shapes Science highlights the growing gap between the haves and have-nots—especially the vast imbalance between the biomedical sciences and physics/engineering—and offers a persuasive vision of a more productive, more creative research system that would lead and benefit the world.