Boardwalk Empire: How Generative AI is Revolutionizing Economic Paradigms
Subramanyam Sahoo, Kamlesh Dutta

TL;DR
Generative AI, especially deep generative models like LLMs, is revolutionizing industries by automating processes, fostering innovation, and transforming economic paradigms across sectors such as finance and manufacturing.
Contribution
This paper analyzes how Generative AI is driving a fundamental shift in economic models and industrial processes through innovative applications of deep learning techniques.
Findings
Generative AI is transforming risk assessment and trading in finance.
Deep generative models automate design and optimization in manufacturing.
AI-driven innovations are creating new economic landscapes.
Abstract
The relentless pursuit of technological advancements has ushered in a new era where artificial intelligence (AI) is not only a powerful tool but also a critical economic driver. At the forefront of this transformation is Generative AI, which is catalyzing a paradigm shift across industries. Deep generative models, an integration of generative and deep learning techniques, excel in creating new data beyond analyzing existing ones, revolutionizing sectors from production and manufacturing to finance. By automating design, optimization, and innovation cycles, Generative AI is reshaping core industrial processes. In the financial sector, it is transforming risk assessment, trading strategies, and forecasting, demonstrating its profound impact. This paper explores the sweeping changes driven by deep learning models like Large Language Models (LLMs), highlighting their potential to foster…
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Taxonomy
TopicsFinTech, Crowdfunding, Digital Finance
