As technology improves, its primary benefits include higher productivity. As companies turn to automation for content creation, the economy benefits from these cutting-edge technologies, spreading across industries and changing consumer interactions. Labs and companies implement AI techniques to improve economic management and impact, reshaping developing economies, while raising familiar risks of disruption, misinformation, and surveillance. Recent examples illustrate how AI-based technologies can better target aid and credit and improve access to citizens. In the future, balancing ethics, risks, and opportunities calls for continued innovation and adaptation. Reshaping the Economy With AI explores recent advances in the intersection of AI and economics. It examines solutions to address challenges in economic development, ethics and bias, and effective technology usage. This book covers topics such as climate change, digital technology, and smart cities, and is a useful resource for engineers, business owners, economists, academicians, researchers, and data scientists.
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Fernando Ortiz-Rodriguez is a Full Professor and Head of the Artificial Intelligence and Innovation Lab at Tamaulipas Autonomous University. He was the Executive Director at the International Institute of Studies (IIES). He created the First Business School in Tamaulipas, Mexico. He worked as the Information Technology Manager at Emerson Electric, where he developed more than 40 pieces of software, some of them used globally in Emerson and achieved technology convergence by implementing the first efforts on IoT and Industry 4.0. Fernando is a member of National Systems Researchers (SNI) Level 1 of the National Council of Science and Technology (CONACYT) and INDEX IT Advisor.
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