Rational Machines and Artificial Intelligence

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  • Publisher : Academic Press
  • Release : 31 March 2021
  • ISBN : 9780128209448
  • Page : 270 pages
  • Rating : 4.5/5 from 103 voters

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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

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Rational Machines and Artificial Intelligence

Rational Machines and Artificial Intelligence
  • Author : Tshilidzi Marwala
  • Publisher : Academic Press
  • Release Date : 2021-03-31
  • ISBN : 9780128209448
GET THIS BOOKRational Machines and Artificial Intelligence

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

Rational Machines and Artificial Intelligence

Rational Machines and Artificial Intelligence
  • Author : Tshilidzi Marwala
  • Publisher : Elsevier
  • Release Date : 2021-04-14
  • ISBN : 9780128206768
GET THIS BOOKRational Machines and Artificial Intelligence

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

Artificial Intelligence Techniques for Rational Decision Making

Artificial Intelligence Techniques for Rational Decision Making
  • Author : Tshilidzi Marwala
  • Publisher : Springer
  • Release Date : 2014-10-20
  • ISBN : 9783319114248
GET THIS BOOKArtificial Intelligence Techniques for Rational Decision Making

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 flexibly-bounded rationality which prescribes that the bounds in Nobel Laureate Herbert Simon’s bounded rationality theory are flexible due to advanced signal processing techniques, Moore’s Law and artificial intelligence.

An Introduction to the Philosophy of Mind

An Introduction to the Philosophy of Mind
  • Author : E. J. Lowe,E. Jonathan Lowe
  • Publisher : Cambridge University Press
  • Release Date : 2000-01-20
  • ISBN : 0521654289
GET THIS BOOKAn Introduction to the Philosophy of Mind

A lucid and wide-ranging introduction suitable for readers with a basic grounding in philosophy.

On Rationality, Artificial Intelligence and Economics

On Rationality, Artificial Intelligence and Economics
  • Author : Daniel Muller,Fernando Buarque,Tshilidzi Marwala
  • Publisher : World Scientific Publishing Company
  • Release Date : 2022
  • ISBN : 9811255113
GET THIS BOOKOn Rationality, Artificial Intelligence and Economics

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 intelligence, when robots are gradually taking over most decision-making from humans, this book sheds a bit of light on decision rationale. It delves into the limits of these decision processes (

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
  • ISBN : 9781648020759
GET THIS BOOKArtificial Intelligence and its Impact on Business

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 work and new ways of business education, however we must be aware that if there is no control of human-chatbot interaction, there is a risk of losing sight of this

The Sentient Machine

The Sentient Machine
  • Author : Amir Husain
  • Publisher : Simon and Schuster
  • Release Date : 2017-11-21
  • ISBN : 9781501144677
GET THIS BOOKThe Sentient Machine

Explores universal questions about humanity's capacity for living and thriving in the coming age of sentient machines and AI, examining debates from opposing perspectives while discussing emerging intellectual diversity and its potential role in enabling a positive life.

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
  • ISBN : 9789811205682
GET THIS BOOKHandbook Of Machine Learning - Volume 2: Optimization And Decision Making

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 provides an in-depth overview on how artificial intelligence can be used to define, disprove or validate economic modeling and decision making concepts.

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
  • ISBN : 9789814630887
GET THIS BOOKCausality, Correlation and Artificial Intelligence for Rational Decision Making

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 correlation machine is defined and built using multi-layer perceptron network, principal component analysis, Gaussian Mixture models, genetic algorithms, expectation maximization technique, simulated annealing and particle swarm optimization. Furthermore, a causal

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
  • ISBN : 9789811255137
GET THIS BOOKOn Rationality, Artificial Intelligence And Economics

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 intelligence, when robots are gradually taking over most decision-making from humans, this book sheds a bit of light on decision rationale. It delves into the limits of these decision processes (

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
  • ISBN : 9783319661049
GET THIS BOOKArtificial Intelligence and Economic Theory: Skynet in the Market

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 artificial intelligence has changed many disciplines such as engineering, social science and economics. Artificial intelligence is a computational technique which is inspired by natural intelligence concepts such as the swarming

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
  • ISBN : 9789811228162
GET THIS BOOKMachine Learning: Concepts, Tools And Data Visualization

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 includes case studies of well-known AI systems. The second is a step-by-step introduction to Azure Machine Learning, with examples provided. The third is an explanation of the techniques and methods

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
  • ISBN : 9780199978939
GET THIS BOOKApocalyptic AI: Visions of Heaven in Robotics, Artificial Intelligence, and Virtual Reality

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 serious account of this "cyber-theology" and the people who promote it. Drawing on interviews with roboticists and AI researchers and with devotees of the online game Second Life, among others,

Ethics of Artificial Intelligence

Ethics of Artificial Intelligence
  • Author : S. Matthew Liao
  • Publisher : Oxford University Press, USA
  • Release Date : 2020
  • ISBN : 9780190905033
GET THIS BOOKEthics of Artificial Intelligence

Should a self-driving car prioritize the lives of the passengers over the lives of pedestrians? Should we as a society develop autonomous weapon systems that are capable of identifying and attacking a target without human intervention? What happens when AIs become smarter and more capable than us? Could they have greater than human moral status? Can we prevent superintelligent AIs from harming us or causing our extinction? At a critical time in this fast-moving debate, thirty leading academics and researchers

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
  • ISBN : 9781776260935
GET THIS BOOKLeadership Lessons from Books I Have Read

‘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 run our lives, homes, communities, workplaces and nations. Given its importance, it is pertinent to ask: What is the source of good leadership? Albert Einstein once said, ‘The only source