Introduction
Nicola Acocella ()
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Nicola Acocella: Sapienza University of Rome
Chapter Chapter 1 in The Economics of Globalization and Artificial Intelligence, 2026, pp 1-25 from Springer
Abstract:
Abstract Globalization is an intensification of the global interconnectedness that manifests itself in the form of movements of people (and of communications and ideas), goods and services, and capital. AI is the branch of computer science dedicated to creating machines that are able to think like humans. It’s about taking the unique abilities of the human brain to understand, react, and interpret and incorporating those abilities into computers and other devices. Different phases of globalization have been devised. The three following characteristics can define AI: 1. Intentionality, which means that the AI system takes intentional decisions, rather than merely being programmed with predetermined responses. 2. Use of intelligence, often coming from interaction with machine learning and data analytics programs. 3. Adaptability, which means that AI systems adjust as they receive new data, make decisions, and interpret the outcomes.
Keywords: Globalization; Artificial Intelligence; Movements of people; Movement of goods and services; Movement of capital; Phases of globalization; Characteristics of globalization (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-15711-9_1
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DOI: 10.1007/978-3-032-15711-9_1
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