Artificial Intelligence and Robotics Commons^™

Establishing The Importance Of Co-Creation And Self-Efficacy In Creative Collaboration With Artificial Intelligence, Jack Mcguire, David De Cremer, Tim Van De Cruys

Research Collection Lee Kong Chian School Of Business

The emergence of generative AI technologies has led to an increasing number of people collaborating with AI to produce creative works. Across two experimental studies, in which we carefully designed and programmed state-of-the-art human–AI interfaces, we examine how the design of generative AI systems influences human creativity (poetry writing). First, we find that people were most creative when writing a poem on their own, compared to first receiving a poem generated by an AI system and using sophisticated tools to edit it (Study 1). Following this, we demonstrate that this creativity deficit dissipates when people co-create with—not edit—AI and establish …

Predicting Personality Or Prejudice? Facial Inference In The Age Of Artificial Intelligence, Shilpa Madan, Gayoung Park

Research Collection Lee Kong Chian School Of Business

Facial inference, a cornerstone of person perception, has traditionally been studied through human judgments about personality traits and abilities based on people's faces. Recent advances in artificial intelligence (AI) have introduced new dimensions to this field, employing machine learning algorithms to reveal people's character, capabilities, and social outcomes based just on their faces. This review examines recent research on human and AI-based facial inference across psychology, business, computer science, legal, and policy studies to highlight the need for scientific consensus on whether or not people's faces can reveal their inner traits, and urges researchers to address the critical concerns …

A Multimodal Foundation Agent For Financial Trading : Tool-Augmented, Diversified, And Generalist, Wentao Zhang, Lingxuan Zhao, Haochong Xia, Shuo Sun, Jiaze Sun, Molei Qin, Xinyi Li, Yuqing Zhao, Yilei Zhao, Xinyu Cai, Longtao Zheng, Xinrun Wang, Bo An

Research Collection School Of Computing and Information Systems

Financial trading is a crucial component of the markets, informed by a multimodal information landscape encompassing news, prices, and Kline charts, and encompasses diverse tasks such as quantitative trading and high-frequency trading with various assets. While advanced AI techniques like deep learning and reinforcement learning are extensively utilized in finance, their application in financial trading tasks often faces challenges due to inadequate handling of multimodal data and limited generalizability across various tasks. To address these challenges, we present FinAgent, a multimodal foundational agent with tool augmentation for financial trading. FinAgent's market intelligence module processes a diverse range of data-numerical, textual, …

Macrohft : Memory Augmented Context-Aware Reinforcement Learning On High Frequency Trading, Chuqiao Zong, Chaojie Wang, Molei Qin, Lei Feng, Xinrun Wang, Xinrun Wang

Research Collection School Of Computing and Information Systems

High-frequency trading (HFT) that executes algorithmic trading in short time scales, has recently occupied the majority of cryptocurrency market. Besides traditional quantitative trading methods, reinforcement learning (RL) has become another appealing approach for HFT due to its terrific ability of handling high-dimensional financial data and solving sophisticated sequential decision-making problems, e.g., hierarchical reinforcement learning (HRL) has shown its promising performance on second-level HFT by training a router to select only one sub-agent from the agent pool to execute the current transaction. However, existing RL methods for HFT still have some defects: 1) standard RL-based trading agents suffer from the overfitting …

Maximizing Generative Ai Benefits With Task Creativity And Human Validation, Charu Sinha, Veselina P. Vracheva, Cristina Nistor

Business Faculty Articles and Research

Much of the existing literature on generative AI applications is conflicting, with findings suggesting that investing in AI will lead to better organizational outcomes but also pointing out that incorporating AI may be a wasteful even counterproductive initiative. We develop a conceptual frame-work to characterize generative AI benefits based on the types of tasks that generative AI may be used for in management. Our work suggests that task creativity plays a key role in successful generative AI outcomes, but human validation - the extent to which a human engages in a supervisory role - is required to reap the benefits. …

Empowering Traditional Industries With Digital Intelligence For Transformation And Upgrading, Jiyuan Zang, Huanyong Ji, Qingxue Huang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Traditional industries are the basic support and driving force for the high-quality development of the economy. Digital intelligence is an important lever for traditional industries to achieve the transformation of old and new kinetic energy and the leapfrogging of the global value chain. This study firstly deconstructs the rich connotations of digital intelligence from the perspectives of digitalization, networkization, and intelligentization. Secondly, it analyzes the transformation mechanism and various pathways through which digital intelligence impacts traditional industries. Thirdly, it analyzes the barriers faced by traditional industries in the process of adopting digital intelligence technologies. Finally, this study puts forward four …

Strategic Study On Leading Construction Of Modern Agricultural System By Technology Innovation, Yan Yan, Xurong Mei, Xiudong Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Technology innovation is the fundamental solution to build a modern agricultural system, and it is also an important support for building the large base, large enterprise, and large industry of modern agriculture and achieving the modernization of material equipment, technology, management, agricultural informatization, and sustainable resource utilization of agriculture. This paper explains the scientific concepts and logical relationships of the agricultural production system, industrial system and management system, which are the main components of a modern agricultural system. It emphasizes that ensuring food security, promoting industrial integration and upgrading, and cultivating leading enterprises are current key tasks. Nevertheless, from the …

Essays On Artificial Intelligence (Ai) In Management, Bowen Zhou

Dissertations and Theses Collection (Open Access)

This dissertation comprises three essays that investigate the transformative potential of Artificial Intelligence (AI) in business.

Chapter 1 investigates the fundamental issue of how integrating AI within R&D activities influences a firm’s market value. We developed an "AI Index" using patent data and textual analysis. Interestingly, empirical results indicate a negative correlation between AI integration and market value. However, this does not suggest that AI is an unviable avenue for exploration. Further analysis of the boundary conditions reveals that complementary assets are crucial for successful commercialisation, highlighting that while AI adoption is costly, these assets significantly enhance its market value. …

Configurable Mirror Descent : Towards A Unification Of Decision Making, Pengdeng Li, Shuxin Li, Chang Yang, Xinrun Wang, Hau Chan, Bo An

Research Collection School Of Computing and Information Systems

Decision-making problems, categorized as single-agent, e.g., Atari, cooperative multi-agent, e.g., Hanabi, competitive multi-agent, e.g., Hold’em poker, and mixed cooperative and competitive, e.g., football, are ubiquitous in the real world. Although various methods have been proposed to address the specific decision-making categories, these methods typically evolve independently and cannot generalize to other categories. Therefore, a fundamental question for decision-making is: Can we develop a single algorithm to tackle ALL categories of decision-making problems? There are several main challenges to address this question: i) different decision-making categories involve different numbers of agents and different relationships between agents, ii) different categories have different …

Large-Scale Research Infrastructure Empowers High-Quality Development Of Private Enterprises: Current Situation, Challenges, And Policy Recommendations, Lingling Zhang, Fuqiang Wang, Mingze Zhang, Zexia Li

Bulletin of Chinese Academy of Sciences (Chinese Version)

Private enterprises have become an important source of innovation in China’s economic development. Large-scale research infrastructure, as a crucial strategic support and innovation element for breaking through key technologies, provides a platform for the innovative development of private enterprises. At present, some large-scale research infrastructures in China, such as the China Spallation Neutron Source and the Shanghai Synchrotron Radiation Facility, have begun actively exploring mechanisms to serve private enterprises. These efforts have helped a number of private companies overcome critical technological bottlenecks and achieve original innovations. Nevertheless, in the current process of opening up large-scale research infrastructures to private enterprises …

Context-Driven: Logic And Pathway Of Industrial Intelligence To Accelerate Development Of New Quality Productive Forces, Ximing Yin, Yaxin Su, Tailun Chen, Jin Chen, Jiang Yu

Bulletin of Chinese Academy of Sciences (Chinese Version)

The development of new productive forces hinges on industrial intelligence, which is driven by the deep integration of technological innovation and industrial innovation, and the accelerated construction of a modern industrial system. Industrial intelligence refers to the process of transforming traditional industrial development models and cultivating new pillar industries through the empowerment of intelligent technologies and data elements. It serves as a pivotal engine for promoting new industrialization and developing new productive forces. However, existing research has largely overlooked the critical theoretical and practical issues of how to leverage China’s ultra-large market and its vast contextual advantages to improve the …

Comparative Analysis And Insights Into R&D Mode Of Top Artificial Intelligence Companies In China And The Us, Xiyi Yang, Jia Jia, Xiaoyu Zhou, Shouyang Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Artificial intelligence (AI) is currently one of the most prominent fields in the technology industry, with China and the US being two global centers for AI research and development. However, the two countries differ in their development levels of the AI industry. In particular, the emergence of ChatGPT in 2022 has sparked extensive discussions regarding the capabilities and competitiveness of Chinese AI companies. This study analyzes over 120 000 AI invention patents approved in the past five years in both China and the US. Firstly, it constructs a multidimensional index based on AI patent features to identify the top 10 …

Does Generative Ai Facilitate Investor Trading? Evidence From Chatgpt Outages, Qiang Cheng, Pengkai Lin, Yue Zhao

Research Collection School Of Accountancy

In this paper, we use ChatGPT outages to investigate whether investors rely on generative artificial intelligence (GAI) to perform trading-related tasks and the associated impact on stock price informativeness. We first document a significant decline in stock trading volume during ChatGPT outages and find that the effect is stronger for firms with corporate news released immediately before or during the outages. We further document similar declines in the short-run price impact, return variance, and bid-ask spreads, consistent with a reduction in informed trading during the outage periods. Lastly, we use trading volume changes during outages to construct a firm-level measure …

Stock Market Volatility In The United Kingdom: Simulating Post-Covid-19 Recovery, Bala A. Dahiru, Mohammed Shuaibu, Najibullah Hassanov

CBN Journal of Applied Statistics (JAS)

This paper investigates the time it would take for the FTSE-100 index to reach its post-COVID-19 peak. The paper utilises an exponential generalised autoregressive conditional heteroscedasticity (EGARCH) model that accounts for leverage effect and asymmetries. The preferred models amongst competing variants was the Autoregressive Moving Average (ARMA)-EGARCH(2,1) specification and was used to predict daily FTSE-100 data from 5th January 2000 to 21st June 2024. The empirical exercise showed that the COVID-19-induced financial crisis negatively affected the United Kingdom’s stock market performance. The results show that the FTSE100 index could reach its post-pandemic peak around 27th August, 2024 (two months after …

Ai Competency Acquisition Online? Engaging Undergraduate Students In An Ai 101 Course Through A Chatbot Workshop, Thomas Menkhoff, Lydia Teo

Research Collection Lee Kong Chian School Of Business

In recent years, digital transformation has dominated industries at an unprecedented rate. Alongside the proliferation of Artificial ntelligence (AI) technologies in the workplace, institutions of higher learning are experiencing an unprecedented push to integrate AI into the education ecosystem (Popenici & Kerr, 2017; Renz & Hilbig, 2020). AI in education (AIED) has the propensity to enrich teaching and learning in higher education by personalising students’ learning courses, automating assessment tasks, or providing24/7 access to learning resources (Karandish, 2021). According to estimates by the AI Market in the US Education Report, the AIEDmarket will grow at a CAGR of 47.77% during …

The Next 'Deep' Thing In X To Z Marketing: An Artificial Intelligence Driven Approach, Vincent Charles, Nripendra Rana, Ilias O. Pappas, Morten Kamphaug, Keng Siau, Kenth Engo-Monsen

Research Collection School Of Computing and Information Systems

The existing body of literature indicates a growing interest in research pertaining to the influence of artificial intelligence (AI) on marketing strategies, processes, and practices. However, further studies are required to fully unravel its complete potential and the implications it holds for practical application. The aim of this special issue on “The Next ‘Deep’ Thing in X to Z Marketing: An Artificial Intelligence-Driven Approach” is to explore the next frontiers and delve into the various facets of AI-driven marketing, shedding light on cutting-edge research and practical insights that can shape the future of the field. It also focuses on novel …

Sensing With Integrity: Responsible Sensor Systems In An Era Of Ai, David Eisenberg

Dissertations

Deep and machine learning now offer immense benefits for consumer choice, decision-making, medicine, mental health and education, smart cities, and intelligent transportation and driver safety. However, as communication and Internet technology further advances, these benefits have the potential to be outweighed by compromises to privacy, personal freedom, consumer trust, and discrimination. While ethical consequences for personal freedom and equity rise from these technological advances, the issue may not be the technology itself but a lack of regulation and policy that allow abuses to occur. A first study examines how emerging sensor-based technologies, limited to only accelerometer and gyroscope data from …

Forya.Ai Business Plan, Landen Usher

Finance Undergraduate Honors Theses

This thesis presents a comprehensive business plan for Forya.AI, an innovative artificial intelligence-powered platform designed to streamline social media content creation for churches. The platform distinguishes itself by automating the generation of engaging content, leveraging church-provided images to produce visually appealing posts accompanied by contextually relevant captions. By integrating advanced AI algorithms, Forya.AI analyzes uploaded images, identifies thematic elements, and crafts captions that resonate with the spiritual and community values of the church. This process not only enhances the digital presence of religious organizations but also significantly reduces the time and financial resources traditionally required for content development. The business …

Reinforcement Learning With Maskable Stock Representation For Portfolio Management In Customizable Stock Pools, Wentao Zhang, Yilei Zhao, Shuo Sun, Jie Ying, Yonggang Xie, Zitao Song, Xinrun Wang, Bo An

Research Collection School Of Computing and Information Systems

Portfolio management (PM) is a fundamental financial trading task, which explores the optimal periodical reallocation of capitals into different stocks to pursue long-term profits. Reinforcement learning (RL) has recently shown its potential to train profitable agents for PM through interacting with financial markets. However, existing work mostly focuses on fixed stock pools, which is inconsistent with investors’ practical demand. Specifically, the target stock pool of different investors varies dramatically due to their discrepancy on market states and individual investors may temporally adjust stocks they desire to trade (e.g., adding one popular stocks), which lead to customizable stock pools (CSPs). Existing …

Editorials For Special Topic "Artificial Intelligence And Future Society"

Bulletin of Chinese Academy of Sciences (Chinese Version)

No abstract provided.

Social Order In Age Of Artificial Intelligence, Yongnian Zheng

Bulletin of Chinese Academy of Sciences (Chinese Version)

While the rapid development of artificial intelligence is empowering society, it is also posing serious threats to the continuation of the traditional social order. The "de-intellectualization" function of AI has given rise to the phenomenon of "artificial ignorance", referring to the self-inflicted intellectual harm caused by the uncontrolled and excessive misuse of AI-related tools, thus causing a profound impact on the social order. The technical structural characteristics and governance structural characteristics of AI contributed to the emergence of the phenomenon of "artificial ignorance". The technical structural characteristics of AI can be summarized as highly concentrated capabilities, highly centralized control, highly …

Impact Analysis Of Artificial Intelligence Technology On Employment And Income In China, Yan Lu, Lincui Gui

Bulletin of Chinese Academy of Sciences (Chinese Version)

With the continuous development of artificial intelligence technology, employment and income in China will undergo some new changes. It is necessary to explore the impact of artificial intelligence technology on employment and income distribution. The study finds that in terms of employment, the impact of artificial intelligence includes redefining the number and nature of jobs, affecting work patterns and work skills, and possibly triggering structural imbalances between supply and demand in the labor market, leading to employment inequality, increasing employment risks. In term of income distribution, artificial intelligence technology has a heterogeneous impact on the initial distribution of different fields, …

Open Governance And Innovation Directions Regulation: Research On Institutional Mechanisms For Promoting Development Of Artificial General Intelligence, Yuhao Jiang, Xinyi Zhang, Mingjie Dai

Bulletin of Chinese Academy of Sciences (Chinese Version)

In the field of artificial intelligence development, there is still a certain gap between China and the United States. The uncertain future of artificial general intelligence (AGI) decides that China should not only implement the "catch-up" strategy. Artificial intelligence is not a ‘linear innovation' development path, but there is overlap between basic research, applied research, and industrial transformation. This feature of innovation shows that diversified exploration can be realized based on tracking of international frontiers, breakthrough of basic research, and satisfaction of diverse application needs. China needs to adhere to the promotion of open governance, and regulate innovation directions of …

Research On Data Security And International Governance Cooperation Framework In Era Of Artificial Intelligence, Yuanyuan Wei

Bulletin of Chinese Academy of Sciences (Chinese Version)

This study explores the international cooperation framework for data security governance and its implementation pathways from a global governance perspective. First, the study defines the concepts of data security and governance, emphasizing that the core objective of data governance is to ensure the secure flow and effective utilization of data. Second, it analyzes the current fragmentation of the global data governance system, revealing its development trends and challenges under the influence of geopolitics, particularly the tensions and collaborations in key areas such as cross-border data flows. Based on this analysis, the study proposes the concept of the "Embedded Digital Community …

Study On Constraints And Policy Responses For Production And Circulation Of Ai Training Data In China, Tao Lin

Bulletin of Chinese Academy of Sciences (Chinese Version)

The quantity and quality of training data are critical to the performance of artificial intelligence (AI) models. However, in China, the production of training data is hindered by issues such as insufficient quantity, low quality, and fragmented distribution, compounded by limitations stemming from commercial ecosystems, regulatory frameworks, and restricted development and utilization of public data. To address these challenges, this study proposes several policy recommendations, including incentivizing research institutions to generate open-source datasets, fostering AI application scenarios, adopting a "loose-in, focus-out" regulatory approach, introducing intellectual property exemption provisions, refining personal information protection guidelines, and expediting the establishment of a unified …

Venture Capital And Its Role In Facilitating Better Development In China's Artificial Intelligence Industry, Randong Yuan

Bulletin of Chinese Academy of Sciences (Chinese Version)

The venture capital (VC) industry plays a crucial role in advancing the development of the artificial intelligence (AI) sector. As a key bridge between technological innovation and industrialization, VC not only provides financial support to AI startups but also empowers them in strategic planning, technological research and development, and market expansion. However, China's VC industry currently faces several challenges in supporting AI development, including an imbalance in the roles of state-owned and private capital, a short-term investment mindset, and the cyclical phenomenon of "herding" and abrupt market exits. These issues hinder the growth trajectories of Chinese AI enterprises and constrain …

New System For Mobilizing Resources Nationwide To Promote Leapfrog Development Of Innovation Ecosystem Of Artificial Intelligence Enterprises: Mechanisms, Problems And Strategies, Yang Mei, Hao Niu, Han Jiang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Facing the unpredictable new features of top-down AI technological innovation and the new requirements on functions, this study proposes to re-examine the technological innovation of AI at the enterprise level from the perspective of the "a new system for mobilizing the resources nationwide" and with the enterprise innovation ecosystem as the carrier. On the basis of explaining the elements and operation logic of the new system at the enterprise level, compared to the "implicit national system" of the US, this study preliminarily compares the new system of AI in China and that in the US. It is proposed that the …

How China Leads Global Governance Of Artificial Intelligence: A Sustainable Development Approach Beyond Technological Competition, Xuanming Pan, Zhenzhen Chen, Shaoshan Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

In the context of great power competition and escalating geopolitical conflicts, the academic community generally holds a pessimistic view of AI international cooperation, believing that the space is shrinking. This perception mainly stems from conflicts in the cross-border supervision of AI data and algorithms among technologically advanced countries, while overlooking the strong willingness and potential for cooperation in energy conservation and emission reduction through AI technologies shown by Global South countries. Looking into the future of global governance, China, starting from leading the transformation of AI technologies, shall take lead in supporting these countries to transform the sustainable development consensus …

U.S.-Europe Artificial Intelligence Regulatory Cooperation, Divergence, And China's "Window Of Opportunity" For Strategic Breakthrough, Yang Mei, Jing Zeng, Yong Zhan

Bulletin of Chinese Academy of Sciences (Chinese Version)

The United States, Europe, and China have adopted completely different technological development paths in the era of artificial intelligence innovation, forming a model division of "development-driven governance", "stringent governance framework", and "coordinated governance model" The United States and Europe have respectively set strategic goals as "maintaining technological hegemony" and "competing for the soft power of international rules", forming an interactive model in which institutional supervision and industry independence parallel, and cooperation needs and policy divergence coexist. China has contributed a unique technological governance logic of "people-oriented" and "moral-oriented". Faced with the current technological "window of opportunity", China should adopt two …

A Research Proposal Investigating The Geopolitical And Economic Impact Resulting From The Development Of Artificial General Intelligence (Agi), Tobia Donadon, Kristen Migliano

Student Publications and Presentations

Artificial General Intelligence (AGI) represents the next step in the development of AI, a huge step in the quest for artificial intelligence. AGI aims to create machines capable of understanding, learning, and applying knowledge across various tasks, much like humans.

This research proposal focuses on advancements and potential effects, with an objective to bridge the gap between narrow AI applications and the broader cognitive capabilities of AGI. This study explores the transformative potential of AGI while addressing the societal impacts. The research looks into the relationship between the development of AGI and geopolitical affairs.

Drawing on recent discoveries in mathematical …