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Ideas: Economics and computation with Nicole Immorlica

Microsoft Research Podcast

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Economics Meets AI: The Future of Creativity and Auction Design

This chapter explores the convergence of economics and computational thinking with a focus on how AI and machine learning can transform economic models and content creation. It discusses the implications of generative AI on the artistic community, the dynamics of auction systems like the Vickrey auction, and the challenges posed by technology on individual agency and creativity. The speakers highlight the need for careful regulation and the potential societal outcomes stemming from the interplay of data, theory, and innovative technology.

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