ISBN: 9798190337150 - principles of verification economics: abundant intelligence and verification scarcity as the basis of the new economic order (6 Ergebnisse)

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Taschenbuch. Zustand: Neu. Neuware - Principles of Verification Economics argues that artificial intelligence has not made intelligence the decisive economic resource but has removed it as a constraint, exposing a deeper scarcity beneath. Generating a plausible answer is now nearly free; establishing that an answer is fit to act on, and finding someone who will bear the consequences of acting, is not, because verification requires contact with a world that responds on its own schedule. From this asymmetry the book derives a formal bound on how much any sector can improve, a price theory for assurance, a reconstruction of the theory of the firm around evaluation rather than transaction costs, an account of the congestion now forming at every institutional check, and an argument that accountable persons constitute a factor of production that no society is currently producing. It is written for economists, policymakers, executives, and scholars of technology and institutions who want an analytical framework rather than a forecast, and for professionals in medicine, engineering, law, finance, and research who have noticed that their generative work is collapsing in value while their signature is not. Readers will come away with a vocabulary for locating themselves in the coming economy, a method for auditing where verification costs actually sit in their own work, and a set of falsifiable predictions against which the argument can be tested. …

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Paperback. Zustand: new. Paperback. Principles of Verification Economics argues that artificial intelligence has not made intelligence the decisive economic resource but has removed it as a constraint, exposing a deeper scarcity beneath. Generating a plausible answer is now nearly free; establishing that an answer is fit to act on, and finding someone who will bear the consequences of acting, is not, because verification requires contact with a world that responds on its own schedule. From this asymmetry the book derives a formal bound on how much any sector can improve, a price theory for assurance, a reconstruction of the theory of the firm around evaluation rather than transaction costs, an account of the congestion now forming at every institutional check, and an argument that accountable persons constitute a factor of production that no society is currently producing. It is written for economists, policymakers, executives, and scholars of technology and institutions who want an analytical framework rather than a forecast, and for professionals in medicine, engineering, law, finance, and research who have noticed that their generative work is collapsing in value while their signature is not. Readers will come away with a vocabulary for locating themselves in the coming economy, a method for auditing where verification costs actually sit in their own work, and a set of falsifiable predictions against which the argument can be tested. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

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Paperback. Zustand: new. Paperback. Principles of Verification Economics argues that artificial intelligence has not made intelligence the decisive economic resource but has removed it as a constraint, exposing a deeper scarcity beneath. Generating a plausible answer is now nearly free; establishing that an answer is fit to act on, and finding someone who will bear the consequences of acting, is not, because verification requires contact with a world that responds on its own schedule. From this asymmetry the book derives a formal bound on how much any sector can improve, a price theory for assurance, a reconstruction of the theory of the firm around evaluation rather than transaction costs, an account of the congestion now forming at every institutional check, and an argument that accountable persons constitute a factor of production that no society is currently producing. It is written for economists, policymakers, executives, and scholars of technology and institutions who want an analytical framework rather than a forecast, and for professionals in medicine, engineering, law, finance, and research who have noticed that their generative work is collapsing in value while their signature is not. Readers will come away with a vocabulary for locating themselves in the coming economy, a method for auditing where verification costs actually sit in their own work, and a set of falsifiable predictions against which the argument can be tested. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…