Rational Machines and Artificial Intelligence

Written By Tshilidzi Marwala
Rational Machines and Artificial Intelligence
  • Publsiher : Academic Press
  • Release : 31 March 2021
  • ISBN : 0128209445
  • Pages : 270 pages
  • Rating : 4/5 from 21 reviews
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Read or download book entitled Rational Machines and Artificial Intelligence written by Tshilidzi Marwala which was release on 31 March 2021, this book published by Academic Press. Available in PDF, EPUB and Kindle Format. Book excerpt: Intelligent machines are populating our social, economic and political spaces. These intelligent machines are powered by Artificial Intelligence technologies such as deep learning. They are used in decision making. One element of decision making is the issue of rationality. Regulations such as the General Data Protection Regulation (GDPR) require that decisions that are made by these intelligent machines are explainable. Rational Machines and Artificial Intelligence proposes that explainable decisions are good but the explanation must be rational to prevent these decisions from being challenged. Noted author Tshilidzi Marwala studies the concept of machine rationality and compares this to the rationality bounds prescribed by Nobel Laureate Herbert Simon and rationality bounds derived from the work of Nobel Laureates Richard Thaler and Daniel Kahneman. Rational Machines and Artificial Intelligence describes why machine rationality is flexibly bounded due to advances in technology. This effectively means that optimally designed machines are more rational than human beings. Readers will also learn whether machine rationality can be quantified and identify how this can be achieved. Furthermore, the author discusses whether machine rationality is subjective. Finally, the author examines whether a population of intelligent machines collectively make more rational decisions than individual machines. Examples in biomedical engineering, social sciences and the financial sectors are used to illustrate these concepts. Provides an introduction to the key questions and challenges surrounding Rational Machines, including, When do we rely on decisions made by intelligent machines? What do decisions made by intelligent machines mean? Are these decisions rational or fair? Can we quantify these decisions? and Is rationality subjective? Introduces for the first time the concept of rational opportunity costs and the concept of flexibly bounded rationality as a rationality of intelligent machines and the implications of these issues on the reliability of machine decisions Includes coverage of Rational Counterfactuals, group versus individual rationality, and rational markets Discusses the application of Moore’s Law and advancements in Artificial Intelligence, as well as developments in the area of data acquisition and analysis technologies and how they affect the boundaries of intelligent machine rationality

Rational Machines and Artificial Intelligence

Rational Machines and Artificial Intelligence
  • Author : Tshilidzi Marwala
  • Publisher : Academic Press
  • Release Date : 2021-03-31
  • Total pages : 270
  • ISBN : 0128209445
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Summary : Intelligent machines are populating our social, economic and political spaces. These intelligent machines are powered by Artificial Intelligence technologies such as deep learning. They are used in decision making. One element of decision making is the issue of rationality. Regulations such as the General Data Protection Regulation (GDPR) require that ...

Artificial Intelligence and its Impact on Business

Artificial Intelligence and its Impact on Business
  • Author : Wolfgang Amann,Agata Stachowicz-Stanusch
  • Publisher : IAP
  • Release Date : 2020-06-01
  • Total pages : 213
  • ISBN : 0128209445
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Summary : Artificial intelligence (AI) technologies are one of top investment priorities in these days. They are aimed at finding applications in fields of special value for humans, including education. The fourth industrial revolution will replace not only human hands but also human brains, the time of machines requires new forms of ...

Causality Correlation and Artificial Intelligence for Rational Decision Making

Causality  Correlation and Artificial Intelligence for Rational Decision Making
  • Author : Tshilidzi Marwala
  • Publisher : World Scientific
  • Release Date : 2015-01-02
  • Total pages : 208
  • ISBN : 0128209445
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Summary : Causality has been a subject of study for a long time. Often causality is confused with correlation. Human intuition has evolved such that it has learned to identify causality through correlation. In this book, four main themes are considered and these are causality, correlation, artificial intelligence and decision making. A ...

Handbook Of Machine Learning Volume 2 Optimization And Decision Making

Handbook Of Machine Learning   Volume 2  Optimization And Decision Making
  • Author : Marwala Tshilidzi,Leke Collins Achepsah
  • Publisher : World Scientific
  • Release Date : 2019-11-21
  • Total pages : 320
  • ISBN : 0128209445
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Summary : Building on Handbook of Machine Learning - Volume 1: Foundation of Artificial Intelligence, this volume on Optimization and Decision Making covers a range of algorithms and their applications. Like the first volume, it provides a starting point for machine learning enthusiasts as a comprehensive guide on classical optimization methods. It also ...

Artificial Intelligence Techniques for Rational Decision Making

Artificial Intelligence Techniques for Rational Decision Making
  • Author : Tshilidzi Marwala
  • Publisher : Springer
  • Release Date : 2014-10-20
  • Total pages : 168
  • ISBN : 0128209445
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Summary : Develops insights into solving complex problems in engineering, biomedical sciences, social science and economics based on artificial intelligence. Some of the problems studied are in interstate conflict, credit scoring, breast cancer diagnosis, condition monitoring, wine testing, image processing and optical character recognition. The author discusses and applies the concept of ...

On Rationality Artificial Intelligence And Economics

On Rationality  Artificial Intelligence And Economics
  • Author : Daniel Muller,Fernando Buarque,Tshilidzi Marwala
  • Publisher : World Scientific
  • Release Date : 2022-03-09
  • Total pages : 252
  • ISBN : 0128209445
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Summary : The world we live in presents plenty of tricky, impactful, and hard-tomake decisions to be taken. Sometimes the available options are ample, at other times they are apparently binary, either way, they often confront us with dilemmas, paradoxes, and even denial of values.In the dawn of the age of ...

Artificial Intelligence and Economic Theory Skynet in the Market

Artificial Intelligence and Economic Theory  Skynet in the Market
  • Author : Tshilidzi Marwala,Evan Hurwitz
  • Publisher : Springer
  • Release Date : 2017-09-18
  • Total pages : 204
  • ISBN : 0128209445
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Summary : This book theoretically and practically updates major economic ideas such as demand and supply, rational choice and expectations, bounded rationality, behavioral economics, information asymmetry, pricing, efficient market hypothesis, game theory, mechanism design, portfolio theory, causality and financial engineering in the age of significant advances in man-machine systems. The advent of ...

Machine Learning Concepts Tools And Data Visualization

Machine Learning  Concepts  Tools And Data Visualization
  • Author : Minsoo Kang,Eunsoo Choi
  • Publisher : World Scientific
  • Release Date : 2021-03-16
  • Total pages : 296
  • ISBN : 0128209445
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Summary : This set of lecture notes, written for those who are unfamiliar with mathematics and programming, introduces the reader to important concepts in the field of machine learning. It consists of three parts. The first is an overview of the history of artificial intelligence, machine learning, and data science, and also ...

Apocalyptic AI Visions of Heaven in Robotics Artificial Intelligence and Virtual Reality

Apocalyptic AI  Visions of Heaven in Robotics  Artificial Intelligence  and Virtual Reality
  • Author : Robert M. Geraci
  • Publisher : Oxford University Press, USA
  • Release Date : 2010-02-05
  • Total pages : 248
  • ISBN : 0128209445
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Summary : Apocalyptic AI, the hope that we might one day upload our minds into machines or cyberspace and live forever, is a surprisingly wide-spread and influential idea, affecting everything from the world view of online gamers to government research funding and philosophical thought. In Apocalyptic AI, Robert Geraci offers the first ...

Leadership Lessons from Books I Have Read

Leadership Lessons from Books I Have Read
  • Author : Tshilidzi Marwala
  • Publisher : Jonathan Ball Publishers
  • Release Date : 2021-06-18
  • Total pages : 296
  • ISBN : 0128209445
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Summary : ‘Professor Marwala has sought to understand what good leadership should mean by drawing on the collective experience of authors who have written on many topics.’ – Former President of South Africa, THABO MBEKI We cannot underestimate how critical strong leadership is in all aspects of our lives. It enables us to ...

The Boundaries of Humanity

The Boundaries of Humanity
  • Author : James J. Sheehan,Morton Sosna
  • Publisher : Univ of California Press
  • Release Date : 2022-05-13
  • Total pages : 286
  • ISBN : 0128209445
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Summary : To the age-old debate over what it means to be human, the relatively new fields of sociobiology and artificial intelligence bring new, if not necessarily compatible, insights. What have these two fields in common? Have they affected the way we define humanity? These and other timely questions are addressed with ...

Artificial Intelligence and the Law

Artificial Intelligence and the Law
  • Author : Dennis J. Baker,Paul H. Robinson
  • Publisher : Routledge
  • Release Date : 2020-10-29
  • Total pages : 270
  • ISBN : 0128209445
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Summary : This volume presents new research in artificial intelligence (AI) and Law with special reference to criminal justice. It brings together leading international experts including computer scientists, lawyers, judges and cyber-psychologists. The book examines some of the core problems that technology raises for criminal law ranging from privacy and data protection, ...

Spiritual Freedom in the Digital Age

Spiritual Freedom in the Digital Age
  • Author : Jason Gregory
  • Publisher : John Hunt Publishing
  • Release Date : 2022-03-25
  • Total pages : 208
  • ISBN : 0128209445
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Summary : Jason Gregory reveals the psychological and spiritual damage digital technology and social media are having on the human mind, and gifts you a digital free lifestyle to reclaim your health and sanity for a better world. Spiritual Freedom in the Digital Age demonstrates that even though we are more connected ...

The Feeling Economy

The Feeling Economy
  • Author : Roland T. Rust,Ming-Hui Huang
  • Publisher : Springer Nature
  • Release Date : 2021-01-19
  • Total pages : 179
  • ISBN : 0128209445
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Summary : As machines are trained to “think,” many tasks that previously required human intelligence are becoming automated through artificial intelligence. However, it is more difficult to automate emotional intelligence, and this is where the human worker’s competitive advantage over machines currently lies. This book explores the impact of AI on ...

KI 2008 Advances in Artificial Intelligence

KI 2008  Advances in Artificial Intelligence
  • Author : Andreas Dengel,Karsten Berns,Thomas Breuel,Frank Bomarius,Thomas R. Roth-Berghofer
  • Publisher : Springer
  • Release Date : 2008-09-24
  • Total pages : 404
  • ISBN : 0128209445
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Summary : KI 2008 was the 31st Annual German Conference on Arti?cial Intelligence held September 23–26 at the University of Kaiserslautern and the German Research Center for Arti?cial Intelligence DFKI GmbH in Kaiserslautern, Germany. The conference series started in 1975 with the German Workshop on AI (GWAI), which took place in Bonn, and ...