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Anti-competitive Artificial Intelligence (AI) – [FT.com]

Yesterday’s FT provides a fascinating article (available here) on the role algorithms may increasingly plan in price-rigging and collusion. While previously humans have colluded to fix prices, today’s algorithms which seek profit maximization may end up colluding in a way which is hard to detect and difficult to stop. Indeed a recent OECD report states: […]

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Artificial Intelligence and human work.

The best computer is a man, and it’s the only one that can be mass-produced by unskilled labour.” (Wernher von Braun) Last night I began to think further about the role of AI and humans in society while attending Future Advocacy’s launch of a report on “Maximising the opportunities and minimising the risks of artificial […]

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What can Artificial Intelligence do for business?

I am joining a panel tomorrow at the AI-Summit in London, focused on practical Artificial Intelligence (AI) for business applications. I am to be asked the question “What can Artificial Intelligence do for business?”, so by way of preparation I thought I should try to answer the question on my blog. Perhaps we can break […]