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Introduction to Man and Machines

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Artificial Intelligence and Economic Theory: Skynet in the Market

Part of the book series: Advanced Information and Knowledge Processing ((AI&KP))

Abstract

This chapter introduces this book, Artificial Intelligence and Economic Theory: Skynet in the market, and in the process studies some of the big ideas that have concerned economics and finance in the last 300 years. These ideas include Marxist thinking, the theory of invisible hand, the theory of equilibrium and the theory of comparative advantage. It, furthermore, describes methods in artificial intelligence such as learning, optimization and swarm intelligence. It sets a scene on how these theories can be better understood by using artificial intelligence techniques, thereby, setting a scene for the rest of the book.

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Author information

Authors and Affiliations

  1. Faculty of Engineering and the Built Environment​, University of Johannesburg, Auckland Park, South Africa

    Tshilidzi Marwala

  2. Department of Electrical and Electronic Engineering Science, Faculty of Engineering and the Built Environment​, University of Johannesburg, Auckland Park, South Africa

    Evan Hurwitz

Authors
  1. Tshilidzi Marwala
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  2. Evan Hurwitz
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Correspondence to Tshilidzi Marwala .

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Marwala, T., Hurwitz, E. (2017). Introduction to Man and Machines. In: Artificial Intelligence and Economic Theory: Skynet in the Market. Advanced Information and Knowledge Processing. Springer, Cham. https://doi.org/10.1007/978-3-319-66104-9_1

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  • DOI: https://doi.org/10.1007/978-3-319-66104-9_1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-66103-2

  • Online ISBN: 978-3-319-66104-9

  • eBook Packages: Computer ScienceComputer Science (R0)

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