Boardwalk Empire: How Generative AI is Revolutionizing Economic Paradigms

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• Boardwalk Empire: How Generative AI is Revolutionizing Economic Paradigms

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• Subramanyam Sahoo
• Kamlesh Dutta

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• The relentless pursuit of technological advancements has ushered in a new era where artificial intelligence (AI) is not only a powerful tool but also a critical economic driver. At the forefront of this transformation is Generative AI, which is catalyzing a paradigm shift across industries. Deep generative models, an integration of generative and deep learning techniques, excel in creating new data beyond analyzing existing ones, revolutionizing sectors from production and manufacturing to finance. By automating design, optimization, and innovation cycles, Generative AI is reshaping core industrial processes. In the financial sector, it is transforming risk assessment, trading strategies, and forecasting, demonstrating its profound impact. This paper explores the sweeping changes driven by deep learning models like Large Language Models (LLMs), highlighting their potential to foster innovative business models, disruptive technologies, and novel economic landscapes. As we stand at the threshold of an AI-driven economic era, Generative AI is emerging as a pivotal force, driving innovation, disruption, and economic evolution on a global scale.

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• Retrieved from arXiv on 2026-10-09 in response to the search string “(all:"artificial intelligence" OR all:"machine learning" OR all:"generative AI" OR all:"deep learning" OR all:"reinforcement learning" OR all:"large language model") AND (all:"AI concepts" OR all:"types of AI" OR all:"AI fundamentals" OR all:"recognizing AI" OR all:"recognising AI" OR all:"general versus narrow AI" OR all:"narrow AI" OR all:"general AI" OR all:"machine intelligence" OR all:"AI strengths and weaknesses" OR all:"traditional software" OR all:"rule-based systems" OR all:"introduction to AI" OR all:"introduction to artificial intelligence" OR all:"artificial intelligence introduction" OR all:"AI primer" OR all:"foundations of artificial intelligence" OR all:"overview of AI" OR all:"understanding AI" OR all:"history of AI" OR all:"AI essentials" OR all:"AI terminology" OR all:"metaphors for AI" OR all:"AI fundamental concepts" OR all:"AI key concepts" OR all:"philosophy of AI" OR all:"critical AI literacy")”. arXiv served the resource and is not asserted to be its publisher or author.
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• URI: tag:aim-pro.eu,2026:oer/0c7c3e6bcfa8
• URI: https://arxiv.org/abs/2410.15212
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• Boardwalk Empire: How Generative AI is Revolutionizing Economic Paradigms

• en

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• The relentless pursuit of technological advancements has ushered in a new era where artificial intelligence (AI) is not only a powerful tool but also a critical economic driver. At the forefront of this transformation is Generative AI, which is catalyzing a paradigm shift across industries. Deep generative models, an integration of generative and deep learning techniques, excel in creating new data beyond analyzing existing ones, revolutionizing sectors from production and manufacturing to finance. By automating design, optimization, and innovation cycles, Generative AI is reshaping core industrial processes. In the financial sector, it is transforming risk assessment, trading strategies, and forecasting, demonstrating its profound impact. This paper explores the sweeping changes driven by deep learning models like Large Language Models (LLMs), highlighting their potential to foster innovative business models, disruptive technologies, and novel economic landscapes. As we stand at the threshold of an AI-driven economic era, Generative AI is emerging as a pivotal force, driving innovation, disruption, and economic evolution on a global scale.

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• Kamlesh Dutta — author

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