Sunday, 18 April 2021

When Innovation Agents Become Almost Autonomous

How could you ever predict that a major economic down turn would spark an entire industry – AirBnB ? In many aspects this is not possible. However macro level agent based modeling does in some aspects approximate the uptake of major disruptive innovation efforts.


In ” Uses of Agent-Based Modeling in Innovation ” we see the underpinnings of how this may be possible and where Empirically Grounded Agent-Based Models of Innovation Diffusion can be unfortunately misused and or situations where results can easily be misinterpreted. Whiel the technology and underpinnings may be there for innovation simulation of usage and increased usage based on virality, limitations based on subjective interpretations of the modeler means bias can sneak in and more results may not be directly connected to the original modeled form – as Agent Based Modeling can in many ways be black box like. With the complexities of Agent Based Modeling the key is that the technological systems may be possible for fully autonomous capabilities when more artificial intelligence systems soon come into play.

  

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