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Category: economics – Page 3

Exploring the most important questions we face as we age.

Dr. Debra Whitman, Ph.D. is Executive Vice President and Chief Public Policy Officer, at AARP (https://www.aarp.org/) where she leads policy development, analysis and research, as well as global thought leadership supporting and advancing the interests of individuals age 50-plus and their families. She oversees AARP’s Public Policy Institute, AARP Research, Office of Policy Development and Integration, Thought Leadership, and AARP International.

Dr. Whitman is an authority on aging issues with extensive experience in national policy making, domestic and international research, and the political process. An economist, she is a strategic thinker whose career has been dedicated to solving problems affecting economic and health security, and other issues related to population aging.

Continue reading “Dr. Debra Whitman, Ph.D. — Chief Public Policy Officer, AARP — Author, The Second Fifty” | >

That’s the word from a new set of predictions for the decade ahead issued by Accenture, which highlights how our future is being shaped by AI-powered autonomy. By 2030, agents — not people — will be the “primary users of most enterprises’ internal digital systems,” the study’s co-authors state. By 2032, “interacting with agents surpasses apps in average consumer time spent on smart devices.”

Also: In a machine-led economy, relational intelligence is key to success

This heralds a moment of transition, what the report’s primary author, Accenture CTO Karthik Narain, calls the Binary Big Bang. “When foundation models cracked the natural language barrier,” writes Narain, “they kickstarted a shift in our technology systems: how we design them, use them, and how they operate.”

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It is pleasure for us to bring the ECFG conference to the island of Ireland from mainland Europe, we believe the conference will be a great scientific and social success.

We believe that Ireland is an ideal location which is accessible with low fare economic flights both from Europe and America and more than 20,000 hotel bed capacity for potential participants.

There will be a rich repertoire of research highlights from early, mid and advanced career researchers in the field of fungal genetics and biology. Our venue, the Convention Centre Dublin, is in a perfect location in the heart of Dublin city.

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In a new study published in PLOS Computational Biology, an international research team from the Max Planck Institute for Evolutionary Biology, Cardiff University, and Google has reexamined Robert Axelrod’s groundbreaking work.

By simulating more than 195 strategies in thousands of tournaments, the study revealed that success in the Iterated Prisoner’s Dilemma depends heavily on adaptation to diverse environments. Strategies that excelled in Axelrod’s controlled scenarios often failed when faced with a wider variety of opponents. Winning strategies are not only nice and reciprocal but also clever, slightly envious, and adaptable to the surrounding conditions.

The Prisoner’s Dilemma, a classic game in , presents players with the choice to cooperate or defect. Mutual cooperation results in moderate rewards for both players, while unilateral defection yields a high reward for the defector and a significant loss for the cooperator. If both players defect, they receive less than they would through . This tension between individual and collective benefit has made the game a model for decision-making in economics, politics, and biology.

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This is according to AI ethicists from the University of Cambridge, who say we are at the dawn of a “lucrative yet troubling new marketplace for digital signals of intent”, from buying movie tickets to voting for candidates. They call this the Intention Economy.

Researchers from Cambridge’s Leverhulme Centre for the Future of Intelligence (LCFI) argue that the explosion in generative AI, and our increasing familiarity with chatbots, opens a new frontier of “persuasive technologies” – one hinted at in recent corporate announcements by tech giants.

“Anthropomorphic” AI agents, from chatbot assistants to digital tutors and girlfriends, will have access to vast quantities of intimate psychological and behavioural data, often gleaned via informal, conversational spoken dialogue.

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“The ultimate goal is to extend healthspan—meaning the number of years aging adults live healthy lives and enjoy overall well-being by compressing the frailty and disability that comes with aging into a shorter duration of time near the end of life,” says Andrew Brack, PhD, the PROSPR Program Manager.

The new venture will be building on some of the work that the National Institute of Aging (NIH) has been working on and will be working in collaboration with various organizations in the biotechnology industry as well as some unspecified regulators to accelerate the development, testing, and availability of new therapeutic that targets human healthspan.

It is hoped that the new initiative, along with positively impacting the healthspan of Americans, will also help to enhance the economy across the nation.

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The work-related death rate fell 95% in the U.S. between 1913 & 2015.

Labor union activism is often credited with the decline, but economic expansion is what made better working conditions possible in the first place.

Read more about this trend.

All economic activity involves some degree of physical risk. Credible data on work injuries and fatalities among our agrarian ancestors are difficult to come by. Yet agricultural work must have been quite unappealing, considering that so many people in the early 19th century preferred factory work over farm work.

Continue reading “Work Grows Safer” | >

Employment and production typically move from agriculture to manufacturing to services, as part of a natural progression that comes with rising income. In Asia, factories have propelled economies, but a transition to modern services could be a new source of growth and productivity. Our blog explains.

Manufacturing has been the engine of growth in Asia, but a transition to modern, tradable services could be new source of growth and productivity.

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