Abstract
In Chap. 1, we submitted that the world is changing rapidly. We pointed out that there is no other time in history when virtually every aspect, whether it is human life, economies or politics, among other things, has been affected the rapid change brought by developments in information technology (Harari, 21 lessons for the 21st century. Jonathan Cape, London, 2018). We observed that technological advances have allowed humanity to discover powerful energy sources, discover faster modes of transportation for humans, goods and services, improved the speed in which we communicate, landed human beings on the moon, and there is even an attempt to send a mission to the sun.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Agrawal A, Gans J, Goldfarb A (2018) Prediction machines: the simple economics of artificial intelligence. Harvard Business Review Press, Boston, Massachusetts
Harari YN (2018) 21 lessons for the 21st century. Jonathan Cape, London
Lindblom C (1994) The implications of organizational legitimacy for corporate social performance and disclosure. Critical Perspectives on Accounting Conference, New York, NY
Marwala T (2007) Computational intelligence for modelling complex systems. Research India Publications, Delhi
Marwala T (2009) Computational intelligence for missing data imputation, estimation, and management: knowledge optimization techniques. IGI Global, PA
Marwala T (2012) Condition monitoring using computational intelligence methods. Springer, Heidelberg
Marwala T (2013) Economic modeling using artificial intelligence methods. Springer, Heidelberg
Marwala T (2014) Artificial intelligence techniques for rational decision making. Springer, Heidelberg
Marwala T (2015) Causality, correlation, and artificial intelligence for rational decision making. World Scientific, Singapore
Moloi T (2016) A cross sectoral comparison of risk management practices in South African organizations. Probl Perspect Manag 14(3):99–106
Phillips AW (1958) The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957. Econ New Ser 25(100):283–299
Schumpeter JA (1941) An economic interpretation of our time: the lowell lectures, in the economics and sociology of capitalism. Princeton University Press, Princeton, NJ, p 349. As quoted by “Schumpeter and Regional Innovation” by Esben S Andersen. Chapter for Handbook of Regional Innovation and Growth. (ed P Cooke, Elgar Publ)
Schumpeter JA (1994) [1942] Capitalism, socialism and democracy. Harper and Brothers, New York, USA
Schwartz B (2009) A look back at the old search engines. Accessed 03 Dec 2019. https://searchengineland.com/a-look-back-at-the-old-search-engines-25766
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Moloi, T., Marwala, T. (2020). Synopsis: Artificial Intelligence in Economics and Finance Theories. In: Artificial Intelligence in Economics and Finance Theories . Advanced Information and Knowledge Processing. Springer, Cham. https://doi.org/10.1007/978-3-030-42962-1_13
Download citation
DOI: https://doi.org/10.1007/978-3-030-42962-1_13
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-42961-4
Online ISBN: 978-3-030-42962-1
eBook Packages: Computer ScienceComputer Science (R0)