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AI systems that can “imagine” possible futures, called world models, have been applied to Atari games, robotics, and board games. But applying them to economic environments like retail pricing has been largely unexplored. DreamPrice takes an initial step into that space. And solving the fundamental problem that makes economics different from physics turns out to require a detour through a 1978 econometrics paper.
By Dr Sharath SathishAI systems that can “imagine” possible futures, called world models, have been applied to Atari games, robotics, and board games. But applying them to economic environments like retail pricing has been largely unexplored. DreamPrice takes an initial step into that space. And solving the fundamental problem that makes economics different from physics turns out to require a detour through a 1978 econometrics paper.