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Integrating Artificial Intelligence and Behavioral Economics: New Frontiers in Decision-Making

  • Nobel laureate Daniel Kahneman's work in blending psychology and economics laid the foundation for understanding decision-making under uncertainty.
  • Kahneman foresaw the transformative potential of advanced AI in reshaping decision-making processes.
  • The convergence of AI and behavioral economics promises to redefine decision-making for business leaders.
  • Ethical concerns surrounding biases in AI development must be addressed to ensure responsible integration.

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