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The ROI in AI (and how to find it)

The number of companies experimenting with the automation capabilities of generative AI platforms is expected to double. But do the hoped-for financial returns justify the high costs of the technology? ....

Pricewaterhousecoopers Pw , Gartner Sallam , Param Vir Singh , Bret Greenstein , Kyle Daigle , Mckinsey Co , Gartner Generative , Technology Survey , Vir Singh , Business Technologies , Carnegie Mellon University , Tepper School , Chief Operating Officer , Java Script ,

Firm managers may benefit from transparency in machine-learning algorithms

Firm managers may benefit from transparency in machine-learning algorithms
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United States , Bryan Huang , Qiaochu Wang , Param Vir Singh , Carnegie Mellon University , Tepper School Of Business , University Of Michigan , Business Technologies , Associate Professor ,

Can an AI algorithm mitigate racial economic inequality? Only if more black hosts adopt it


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Machine learning algorithms can leverage vast amounts of consumer data, allowing automation of business decisions such as pricing, product offerings, and promotions. Airbnb, an online marketplace for vacation rentals and other lodging, created an algorithm-based smart-pricing tool that is free to all Airbnb hosts and allows hosts to set their properties daily price automatically. A new study investigated the impact of Airbnb s algorithm on racial disparities among Airbnb hosts. Adopting the tool narrowed the revenue gap between White and Black hosts considerably, but because far fewer Black hosts used the algorithm, the revenue gap between White and Black hosts actually increased after the tool s introduction. ....

Shunyuan Zhang , Kannan Srinivasan , Param Vir Singh , Carnegie Mellon University , Tepper School Of Business , Professor Of Marketing At Harvard Business School , Tepper School , Business Technologies , Assistant Professor , Harvard Business School , கண்ணன் ஸ்ரீநிவாசன் , பாரம் வீர் சிங் , கார்னகி மெலந் பல்கலைக்கழகம் , டெப்பர் பள்ளி ஆஃப் வணிக , ப்ரொஃபெஸர் ஆஃப் சந்தைப்படுத்தல் இல் ஹார்வர்ட் வணிக பள்ளி , டெப்பர் பள்ளி , வணிக தொழில்நுட்பங்கள் , உதவியாளர் ப்ரொஃபெஸர் , ஹார்வர்ட் வணிக பள்ளி ,