Nowadays, human is experiencing high technology stage. Can human apply AI technology to help us to predict when economic growth or recession will come in this year or next year? Behavioral economics is the combination of psychology and economics that investigates what happens in markets in which some of the agents display human limitations. However, surely all of economics is meant to be about the behavior of economic agents, be their firms or consumers, suppliers or demanders, bankers. Economics traditionally conceptualizes a world populated by calculating, unemotional maximizers.
If it is true, it brings this question: Who can make more accurate economic growth or recession analysis between human economists or AI robot machine?In my this book, I shall attempt to explain how and why human may apply AI machine to help economists to make more accurate economic prediction. Readers can make judgement whether AI or economists who can make more economic analysis predictive evaluation in order to achieve new year business plan for businessmen
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John Lok
I had graduated business Administration Science Degree in Common Wealth Open University. Then, I concentrate on researching whether how economic changing environment can influence our behaviors, e.g. consumer behavior in behavioral economic view. I had researched different behavioral economic topics included how artificial intelligence influences economic environment changes, how artificial intelligence influences consumer behaviors, how disease influences traveler leisure psychology, how economic changing environment influences public transport passenger choice, how e-commerce market influences consumer behavior etc. different books are published. I hoped my readers can make accurate analysis to learn how and why the economic changing environment influences consumer behavior in behavioral economic view.
