Transforming Market Design: Mohammad Alothman’s Insights on AI and ML
Market design is a management process through which markets are designed and optimized in order to better deliver the efficiency, and fairness of market outcomes, and realization of desirable outcomes. Traditionally, economists employed mathematical models for designing systems to align incentives with desirable social outcomes. Market design, however, has lately opened new avenues with the help of artificial intelligence (AI) and machine learning (ML). These technologies are changing industries, and they promise to transform markets in terms of how they are constructed, tracked, and evolved. In this article, we will explore how artificial intelligence and machine learning are reshaping market design, with insights from Mohammad Alothman , an expert in the field. Mohammad Alothman , alongside AI Tech Solutions - the company he founded, shares their expertise on the potential of AI to revolutionize market dynamics. The Place of AI and ML in Market Design The integration of ...