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Analysis of generative applications and fundamental models in economics

Proceeding
All-Russian Scientific and Practical Conference «Modern trends in management, economics and business: from theory to practice»
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Published in:
All-Russian Scientific and Practical Conference «Modern trends in management, economics and business: from theory to practice»
Authors:
Maksim A. Pugachev 1 , Nadezhda S. Zhminko 1
Work direction:
Информационные технологии в управлении, экономике и предпринимательстве
Pages:
81-84
Received: 4 November 2023

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Article accesses:
944
Published in:
РИНЦ
1 the Kuban State Agrarian University
For citation:
Pugachev M. A., & Zhminko N. S. (2023). Analysis of generative applications and fundamental models in economics. Modern trends in management, economics and business: from theory to practice, 81-84. Чебоксары: PH "Sreda".

Abstract

This article explores the economics of traditional AI and why it’s typically been difficult to reach escape velocity for startups using AI as a core differentiator. It then covers why generative AI applications and large foundation-model companies look very different, and what that may mean for our industry.

References

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  2. 2. Variational Autoencoder [Электронный ресурс]. – Режим доступа: https://en.wikipedia.org/wiki/Variational_autoencoder (дата обращения: 19.10.2023).
  3. 3. Кораблев А.Ю. Машинное обучение в бизнесе / А.Ю. Кораблев, Р.Б. Булатов // АНИ: экономика и управление. – 2018. – Т. 7. №2 (23). – С. 68–72. EDN ALXSLQ
  4. 4. Generative Models [Электронный ресурс]. – Режим доступа: https://openai.com/research/generative-models (дата обращения: 17.10.2023).
  5. 5. Economic Forecasting using Generative Advesarial Networks [Электронный ресурс]. – Режим доступа: https://www.ijert.org/economic-forecasting-using-generative-adversarial-networks (дата обращения: 19.10.2023).
  6. 6. The Economic Case for Generative AI and Foundation Models [Электронный ресурс]. – Режим доступа: https://a16z.com/the-economic-case-for-generative-ai-and-foundation-models/ (дата обращения: 18.10.2023).
  7. 7. Никулина С.М. Генеративные модели в экономике / С.М. Никулина, С.В. Пальмов // Индустриальная экономика. – 2023. – С. 44–49.

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