Machine Learning & Artificial Intelligence

Machine learning and artificial intelligence enable the collection, analysis, and understanding of complex economic relationships based on extensive data sets. Using statistical algorithms, these technologies identify hidden patterns in large amounts of data and generate accurate predictions about variables that were previously difficult to measure. For example, digital trade flows or historical and current economic developments can be augmented with precise estimates. In addition, machine learning allows the identification of meaningful latent factors, such as the complexity of an economy.