All Article Summaries

These article summaries are written by TAP staff members. TAP’s purpose for this section of the site is to present information, points of view, research, and debates.

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Article Summary Results: 9
ACADEMIC ARTICLE SUMMARY

Prediction, Judgment, and Complexity: A Theory of Decision Making and Artificial Intelligence

Summary:

Artificial intelligence (AI) raises the possibility that machines will substitute for humans. AI improves the accuracy of predictions, but when a prediction cannot be made with absolute certainty, judgment is needed to choose the best course of action. Judgment can sometimes be automated.

Written By:

 Ajay  Agrawal

Ajay Agrawal

 Avi Goldfarb

Avi Goldfarb
ACADEMIC ARTICLE SUMMARY

Prediction Machines: The Simple Economics of Artificial Intelligence

Summary:

Advances in artificial intelligence (AI) now offer improved predictions, which will reduce uncertainty and lead to the redesign of business strategies. AI will affect jobs, the concentration of corporate power, privacy, and politics around the world.

Written By:

 Ajay  Agrawal

Ajay Agrawal

 Avi Goldfarb

Avi Goldfarb
ACADEMIC ARTICLE SUMMARY

Scholarly Publishing and its Discontents: An Economist’s Perspective on Dealing with Market Power and Its Consequences

Summary:

Scholarly journals charge libraries high prices for access to academic articles. Activists protest such restrictions on access to knowledge. Some hoped that the Internet would improve access to academic publishing, but this effect is limited.

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