Month: February 2025
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Use of AI in Government
Written evidence submitted by Professor Thiemo Fetzer (UAIG0006) Response by Professor Thiemo Fetzer, Professor of Economics, University of Warwick and University of Bonn. Visiting Fellow at the London School of Economics and a Fellow at the National Institute for Social and Economic Research (NIESR) and Scientific Advisor to the Applied Economics AI group. Professor Thiemo Fetzer has extensive…
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Data sellers, service sector trade and the rentier economy
Data sellers can maximize profits by tailoring supplemental signals to buyers with private information. Using a real-world example of a local bakery optimizing ad spend through platforms like Google and Facebook, it becomes clear that tech giants such as these hold vast troves of data, acting as monopolists due to the depth and breadth of…