Rational Machines and Artificial Intelligence

Intelligent machines are populating our social, economic and political spaces. These intelligent machines are powered by Artificial Intelligence technologies such as deep learning. They are used in decision making. One element of decision making is the issue of rationality. Regulations such as the General Data Protection Regulation (GDPR) require that decisions that are made by these intelligent machines are explainable. Rational Machines and Artificial Intelligence proposes that explainable decisions are good but the explanation must be rational to prevent these decisions from being challenged. Noted author Tshilidzi Marwala studies the concept of machine rationality and compares this to the rationality bounds prescribed by Nobel Laureate Herbert Simon and rationality bounds derived from the work of Nobel Laureates Richard Thaler and Daniel Kahneman. Rational Machines and Artificial Intelligence describes why machine rationality is flexibly bounded due to advances in technology. This effectively means that optimally designed machines are more rational than human beings. Readers will also learn whether machine rationality can be quantified and identify how this can be achieved. Furthermore, the author discusses whether machine rationality is subjective. Finally, the author examines whether a population of intelligent machines collectively make more rational decisions than individual machines. Examples in biomedical engineering, social sciences and the financial sectors are used to illustrate these concepts. Provides an introduction to the key questions and challenges surrounding Rational Machines, including, When do we rely on decisions made by intelligent machines? What do decisions made by intelligent machines mean? Are these decisions rational or fair? Can we quantify these decisions? and Is rationality subjective? Introduces for the first time the concept of rational opportunity costs and the concept of flexibly bounded rationality as a rationality of intelligent machines and the implications of these issues on the reliability of machine decisions Includes coverage of Rational Counterfactuals, group versus individual rationality, and rational markets Discusses the application of Moore's Law and advancements in Artificial Intelligence, as well as developments in the area of data acquisition and analysis technologies and how they affect the boundaries of intelligent machine rationality

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  • Author : Tshilidzi Marwala
  • Publisher : Academic Press
  • Pages : 232 pages
  • ISBN : 9780128206768
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKRational Machines and Artificial Intelligence

Rational Machines and Artificial Intelligence

Rational Machines and Artificial Intelligence
  • Author : Tshilidzi Marwala
  • Publisher : Academic Press
  • Release : 15 May 2021
GET THIS BOOKRational Machines and Artificial Intelligence

Intelligent machines are populating our social, economic and political spaces. These intelligent machines are powered by Artificial Intelligence technologies such as deep learning. They are used in decision making. One element of decision making is the issue of rationality. Regulations such as the General Data Protection Regulation (GDPR) require that decisions that are made by these intelligent machines are explainable. Rational Machines and Artificial Intelligence proposes that explainable decisions are good but the explanation must be rational to prevent these

Artificial Intelligence Techniques for Rational Decision Making

Artificial Intelligence Techniques for Rational Decision Making
  • Author : Tshilidzi Marwala
  • Publisher : Springer
  • Release : 20 October 2014
GET THIS BOOKArtificial Intelligence Techniques for Rational Decision Making

Develops insights into solving complex problems in engineering, biomedical sciences, social science and economics based on artificial intelligence. Some of the problems studied are in interstate conflict, credit scoring, breast cancer diagnosis, condition monitoring, wine testing, image processing and optical character recognition. The author discusses and applies the concept of flexibly-bounded rationality which prescribes that the bounds in Nobel Laureate Herbert Simon’s bounded rationality theory are flexible due to advanced signal processing techniques, Moore’s Law and artificial intelligence.

Artificial Intelligence Techniques for Rational Decision Making

Artificial Intelligence Techniques for Rational Decision Making
  • Author : Tshilidzi Marwala
  • Publisher : Springer
  • Release : 20 October 2014
GET THIS BOOKArtificial Intelligence Techniques for Rational Decision Making

Develops insights into solving complex problems in engineering, biomedical sciences, social science and economics based on artificial intelligence. Some of the problems studied are in interstate conflict, credit scoring, breast cancer diagnosis, condition monitoring, wine testing, image processing and optical character recognition. The author discusses and applies the concept of flexibly-bounded rationality which prescribes that the bounds in Nobel Laureate Herbert Simon’s bounded rationality theory are flexible due to advanced signal processing techniques, Moore’s Law and artificial intelligence.

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  • Publisher : World Scientific
  • Release : 02 January 2015
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  • Publisher : IGI Global
  • Release : 23 October 2020
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  • Publisher : World Scientific
  • Release : 14 November 1990
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  • Publisher : Springer Science & Business Media
  • Release : 21 January 2021
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The focus of prerational intelligence is on the way animals and artificial systems utilize information about their surroundings in order to behave intelligently; the premise is that logic and symbolic reasoning are neither necessary nor, possibly, sufficient. Experts in the fields of biology, psychology, robotics, AI, mathematics, engineering, computer science, and philosophy review the evidence that intelligent behaviour can arise in systems of simple agents interacting according to simple rules; that self-organization and interaction with the environment are critical; and

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  • Publisher : MIT Press
  • Release : 21 January 1991
GET THIS BOOKDo the Right Thing

Like Mooki, the hero of Spike Lee's film "Do the Right Thing," artificially intelligent systems have a hard time knowing what to do in all circumstances. Classical theories of perfect rationality prescribe the "right thing" for any occasion, but no finite agent can compute their prescriptions fast enough. In Do the Right Thing, the authors argue that a new theoretical foundation for artificial intelligence can be constructed in which rationality is a property of "programs" within a finite architecture, and

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  • Publisher : Springer
  • Release : 28 August 2018
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  • Publisher : Createspace Independent Publishing Platform
  • Release : 10 September 2016
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Weighing in from the cutting-edge frontiers of science, today’s most forward-thinking minds explore the rise of “machines that think.” Stephen Hawking recently made headlines by noting, “The development of full artificial intelligence could spell the end of the human race.” Others, conversely, have trumpeted a new age of “superintelligence” in which smart devices will exponentially extend human capacities. No longer just a matter of science-fiction fantasy (2001, Blade Runner, The Terminator, Her, etc.), it is time to seriously consider the