Formidable intellectual firepower assembled here to study economics of A.I. and A.I. in economics. This draft book includes among many other things the part on A.I. impact on the practice of economics:

“Cockburn, Henderson, and Stern emphasize that machine learning is a general purpose technology for science and innovation. As such, it is likely to have an impact on research in a variety of disciplines, including economics. Athey (chapter 21) provides an overview of the various ways in which machine learning is likely to affect the practice of economics. For example: “I believe that machine learning (ML) will have a dramatic impact on the field of economics within a short time frame… “

Many thanks to Дмитрий Скугаревский for bringing this up.


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