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The use of AI in applications such as online trading and decision-making has changed major economic theories. [66] For example, AI-based buying and selling platforms estimate personalized demand and supply curves, thus enabling individualized pricing. AI systems reduce information asymmetry in the market and thus make markets more efficient. [67]
Companies commonly screen through the use of questionnaires, coding tests, interviews, and resume analysis. Artificial Intelligence already plays a major role in the screening process. Resumes can be analyzed using AI for desirable characteristics, such as a certain amount of work experience or a relevant degree.
In May 2019, the company announced the acquisitions of Pixabay and Pexels, two free stock photography sites based in Germany, which enabled Canva users to access their photos for designs. [44] In February 2021, Canva acquired Austrian startup Kaleido.ai and the Czech-based Smartmockups. [45]
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Artificial intelligence (AI), in its broadest sense, is intelligence exhibited by machines, particularly computer systems.It is a field of research in computer science that develops and studies methods and software that enable machines to perceive their environment and use learning and intelligence to take actions that maximize their chances of achieving defined goals. [1]
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