Social Change How Influences Consumer Purchase Choice
English


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About The Book

<p>The Role of Artificial Intelligence in Predicting Economic Behavior</p><p><br/>A central theme in my recent scholarship particularly in A New View Of Technology Development And Economic Growth is the capacity for AI to predict economic cycles and by extension individual consumer trends. My view asks whether human agents can apply AI technology to predict economic growth or recession noting that such predictions fundamentally alter how consumers spend and save. If an AI tool predicts a recession the behavioral response of the consumer&mdash;driven by fear or prudence&mdash;becomes a self-fulfilling prophecy that influences purchase choices across entire industries. My view suggests that the accuracy of these technological tools is becoming a primary driver of organizational performance as firms that can better predict these behavioral shifts can tailor their marketing to solve the consumer's perceived needs more effectively than competitors</p>
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