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3min chapter
AI and Regulation: Finding the Sweet Spot for Consumer Welfare | with Keith Chan
Game Changer - the game theory podcast
The Game Theoretic Model for AI Services
The most important players we're focusing here would be the firms which provide the AI services and the consumers who use it. We need the consumers because in the end it's about consumer welfare in the model. And finally, the regulator. The regulatory choices affect the behavior of the firm. So to look at the interaction between all these players, we have to start from asking the question, okay, how the regulators policies or choices affect the firms.
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