Artificial Intelligence: What is AI?

Computer programs at the heart of artificial intelligence (AI) often use neural networks that, embedded in machines and programs, learn through example. They follow the logic of experience, but are restricted to the behaviours and facts that are provided to them. Thus, AI grows through experiential learning and problem solving. Its efficacy depends on the breadth of the experience and the … More Artificial Intelligence: What is AI?

Change need not be a runaway train

The Nobel Laureate Robert Solow described in 1957 how technological change, which germinates new ideas, products and solutions, and thereby enhances productivity, is inextricably linked with the economic growth that improves our standard of living.  This change contributes to over 80% of the growth in the OECD economies of North America. However, technological change also contributes to “creative destruction”. It disrupts industries, destroys jobs in certain sectors and creates new demand in nascent … More Change need not be a runaway train