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Will Artificial Intelligence Replace Computational Economists Any Time Soon?

As firms invest heavily in AI and other technologies to help train data scientists, some economists worry they will find themselves redundant. But a counter-argument is that even though AI can automate some duties of economists, the information set on which the AI models are trained – mainly based on decades of economic thinking and policymaking – has been developed by human economists, and AI cannot substitute for that. Regardless of the reinforcement learning models, -unsupervised or using Reinforcement Learning (RL) algorithms – that can boundlessly search, iterate and artificially test the possible relations among the infinite set of variables (economic and noneconomic) – beyond the theories developed in the literature – can detect new relations or optimal policies. This will lead to the formation of a complete set of AI-developed theories, or a significant revision in the “old pre-AI economics”. The question is, what will happen after that, when the community of ai economists replaces human economists? And how or whether it can be shaped?

Business sales and marketing research- How it relates to one another?

Business sales and marketing research is the practice of marketing and selling corporate products and services.

Consumer purchase decision and the influence of e-marketing- Discuss the case study of India.

A million-dollar question: "Is online shopping really so appealing to consumers in India that they will continue to do so even when the promotions are gone?". In terms of internet traffic, India is the largest e-commerce market with 150 million visitors per month, followed by China with 124 million visitors per month. With a growing middle class and the growing popularity of online shopping, it is predicted that Asia will surpass North America and Europe as the largest e-commerce market in 2019. To understand the needs of an industry, you need to deeply understand its market. According to some reports, India is the second largest market in the world with $90 billion annual turnover in the offline retail sector compared to $79 billion in the global e-commerce industry. However, even though the Indian ecommerce market is growing rapidly and there are nearly 100 million users on mobile phones across India, it only accounts for 5 percent of total retail industry sales.

Study the influence of multinational trade agreements on the growth of developing economies.

The government has also long-term plans to promote foreign investment and market reform, so that it will still be easier for Vietnamese companies to access international markets. The FTAs with 10 countries help Vietnam open the market and reduce barriers to national development. The EVFTA agreement signed on February 18, 2019 is expected to open a large market for Vietnamese people and products in European countries, especially in Germany, France and Belgium.

Fourth technological revolution and impact on the media and entertainment industry

Welcome to the era of the fourth technological revolution! With advancements in artificial intelligence, big data analytics, and the Internet of Things (IoT), we are experiencing a wave of innovation that is transforming every aspect of our lives. From healthcare to transportation and finance to education, this revolution is disrupting traditional business models and creating new opportunities for growth and development. In this article, we will explore how the fourth technological revolution is impacting one particular industry: media and entertainment. Get ready for an exciting journey into the world of smart content creation, immersive experiences, personalized marketing campaigns, and much more!

AN AMAZING LIST OF EMPLOYEE APPRECIATION IDEAS FOR 2020

We've seen a lot of great ideas for employee recognition & appreciation over the years, and for that we'd put together a comprehensive list of the best ones here. These examples will help you recognize the hard work and accomplishments of the individuals who work for your organization. So, even if you find only one useful inspiration from this post, it's worth writing about. Let's go into this!

The Importance of Product Packaging in Competitive Marketing Strategy

How the emergence of Covid-19 affects business communities

Businesses in general and SMEs in particular around the world have been hit hard by the Covid-19 pandemic. According to the OECD, global trade is down 10.2% in 2020 and foreign direct investment is down 40%, causing major disruptions in supply chains. Massive cuts in private consumption lead to an increase in corporate defaults in 2021 (which in 2020 has stalled due to unprecedented government support), especially in sectors affected heavily affected by new closings. The degree of influence varies from country to country.

Improving Customer Relationship Management Through Business Intelligence

Business intelligence (BI) and customer relationship management (CRM) are two of the most important technology functions for any company today. Integrating the two together can unlock a broad array of benefits, from better service delivery to improved marketing. Business intelligence tools are designed to provide organizations direct access to all of the information they pull in, and to transform that raw data into digestible analytics and insights that business users can understand. Their goal is to improve your ability to make more informed decisions, so they can help you prevent possible losses, optimize processes and improve communication with customers. Customers can be found anywhere in the world, which means your sales team must be responsive and reactive throughout the day, not just during sales calls or at trade shows. To get the most from these core components, it's important to integrate them. But integrating them is a lot more than just connecting them. Here are nine tips to make sure that both your BI and CRM software work well together to produce more meaningful data-driven business decisions.