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Artificial Intelligence: Facts vs Illusions
The article reveals the increasing role of artificial intelligence in enhancing economies and companies by expanding available options and boosting productivity. It clarifies that human-machine collaboration is the optimal approach to achieving success, as AI-powered machines help make decisions more accurate and effective, while AI cannot replace human creativity. It also points out that adopting artificial intelligence will transform the economic structure, especially in socialist countries that suffered from weak central management. It is further suggested that if AI had existed a century ago, it could have changed the course of economic history.
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