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from Part II - Business, Regulations, and Decision-Making with Algorithms
Published online by Cambridge University Press: 19 October 2020
Digital information and communications technologies (ICT) have been enthusiastically adopted by individuals, businesses, and government, altering the texture of commercial, social, and legal relationships in profound ways. In this decade, with the rapid development of “big data,” machine-learning tools, and the “Internet of Things,” it is clear that algorithms are becoming very important elements of modern society and a significant factor to consider when developing political or business strategies, developing new markets, or trying to solve problems.
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