Economics
Improving equality, social welfare, and economic trade-offs using AI and data-driven simulations
The AI Economist: An open source framework for economic policy design.
The AI Economist is an AI framework from the Salesforce Research team, developed to study how to improve economic design using AI with the goal of optimizing productivity and social equality for everyone. It is designed to simulate millions of years of economies – in parallel – to help economists, governments and others design tax policies that optimize social outcomes in the real world.
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An AI can simulate an economy millions of times to create fairer tax policy. Deep reinforcement learning has trained AIs to beat humans at complex games like Go and StarCraft. Could it also do a better job at running the economy?”
Latest Publications and News
publication
The AI Economist: Optimal Economic Policy Design via Two-level Deep Reinforcement Learning
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Building a Foundation for Data-Driven, Interpretable and Robust Policy Design using the AI Economist
read on arxivin the media
Salesforce’s AI Economist taps reinforcement learning to generate optimal tax policies
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