AI in business

Utlization of Large Language Models (LLMs) for algorithmic collusion pricing in oligopoly settings and auction environments leads higher prices and lower welfare for consumers, revealing that LLM-based pricing agents autonomously collude with each other, underscoring the necessity for antitrust regulation concerning algorithmic pricing models, according to new study by scientists at Harvard

Apr 6, 2024
—

by

Gustav
Generative AI will transform the world, and in that the corporate finance climate, enabling companies that promotes a culture of innovation to succeed in a world increasingly run by machines and AI, emphasising that it’s not all about using AI for product development, but also the behind-the-scnenes processes, operating models, customer experiences, and business models that enable the company to create competitive advantages

Mar 26, 2024
—

by

Gustav