Rational Machines and Artificial Intelligence

Written By Tshilidzi Marwala
Rational Machines and Artificial Intelligence
  • Publsiher : Academic Press
  • Release : 15 April 2021
  • ISBN : 0128209445
  • Pages : 270 pages
  • Rating : /5 from reviews
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Download or read book entitled Rational Machines and Artificial Intelligence by author: Tshilidzi Marwala which was release on 15 April 2021 and published by Academic Press with total page 270 pages . This book available in PDF, EPUB and Kindle Format. 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 : 2021-04-15
  • 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 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 ...

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 ...

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 ...

Thinking Machines

Thinking Machines
  • Author : Alasdair GILCHRIST
  • Publisher : Unknown
  • Release Date : 2017-07
  • Total pages : 230
  • ISBN : 0128209445
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Summary : IntroductionIn this series of books - Creating Thinking Machines - we will go on a journey to trace the evolution of the mechanical machine of the last century and its transformation into the intelligent, logical and even rational machine of today. It has progressed so quickly that concerns have been ...

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 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 ...

Philosophy and Theory of Artificial Intelligence

Philosophy and Theory of Artificial Intelligence
  • Author : Vincent C. Müller
  • Publisher : Springer Science & Business Media
  • Release Date : 2012-08-23
  • Total pages : 418
  • ISBN : 0128209445
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Summary : Can we make machines that think and act like humans or other natural intelligent agents? The answer to this question depends on how we see ourselves and how we see the machines in question. Classical AI and cognitive science had claimed that cognition is computation, and can thus be reproduced ...

Issues in Artificial Intelligence Robotics and Machine Learning 2013 Edition

Issues in Artificial Intelligence  Robotics and Machine Learning  2013 Edition
  • Author : Anonim
  • Publisher : ScholarlyEditions
  • Release Date : 2013-05-01
  • Total pages : 1209
  • ISBN : 0128209445
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Summary : Issues in Artificial Intelligence, Robotics and Machine Learning: 2013 Edition is a ScholarlyEditions™ book that delivers timely, authoritative, and comprehensive information about Expert Systems. The editors have built Issues in Artificial Intelligence, Robotics and Machine Learning: 2013 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Expert ...

Machine Law Ethics and Morality in the Age of Artificial Intelligence

Machine Law  Ethics  and Morality in the Age of Artificial Intelligence
  • Author : Thompson, Steven John
  • Publisher : IGI Global
  • Release Date : 2020-10-23
  • Total pages : 266
  • ISBN : 0128209445
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Summary : Machines and computers are becoming increasingly sophisticated and self-sustaining. As we integrate such technologies into our daily lives, questions concerning moral integrity and best practices arise. A changing world requires renegotiating our current set of standards. Without best practices to guide interaction and use with these complex machines, interaction with ...

Handbook Of Machine Learning Volume 1 Foundation Of Artificial Intelligence

Handbook Of Machine Learning   Volume 1  Foundation Of Artificial Intelligence
  • Author : Marwala Tshilidzi
  • Publisher : World Scientific
  • Release Date : 2018-10-22
  • Total pages : 328
  • ISBN : 0128209445
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Summary : This is a comprehensive book on the theories of artificial intelligence with an emphasis on their applications. It combines fuzzy logic and neural networks, as well as hidden Markov models and genetic algorithm, describes advancements and applications of these machine learning techniques and describes the problem of causality. This book ...

How to Compete in the Age of Artificial Intelligence

How to Compete in the Age of Artificial Intelligence
  • Author : Soumendra Mohanty,Sachin Vyas
  • Publisher : Apress
  • Release Date : 2018-09-25
  • Total pages : 237
  • ISBN : 0128209445
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Summary : Get started with artificial intelligence in your business. This book will help you understand AI, its implications, and how to adopt a strategy that is rational, relevant, and practical. Beyond the buzzwords and the technology complexities, organizations are struggling to understand what AI means for their industry and how they ...

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 ...

Artificial Intelligence and Security Challenges in Emerging Networks

Artificial Intelligence and Security Challenges in Emerging Networks
  • Author : Abassi, Ryma
  • Publisher : IGI Global
  • Release Date : 2019-01-25
  • Total pages : 293
  • ISBN : 0128209445
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Summary : The recent rise of emerging networking technologies such as social networks, content centric networks, Internet of Things networks, etc, have attracted significant attention from academia as well as industry professionals looking to utilize these technologies for efficiency purposes. However, the allure of such networks and resultant storage of high volumes ...

Universal Artificial Intelligence

Universal Artificial Intelligence
  • Author : Marcus Hutter
  • Publisher : Springer Science & Business Media
  • Release Date : 2006-01-17
  • Total pages : 278
  • ISBN : 0128209445
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Summary : Personal motivation. The dream of creating artificial devices that reach or outperform human inteUigence is an old one. It is also one of the dreams of my youth, which have never left me. What makes this challenge so interesting? A solution would have enormous implications on our society, and there ...