Winston-Salem, NC – August 6, 2024 – IntualityAI, a pioneering leader in predictive AI technology, proudly announces the advent of Intuitive Economics, a groundbreaking approach that merges advanced artificial intelligence with the intricacies of human intuition. This innovative field promises to redefine economic decision-making across various industries by emulating the subconscious processes of the human mind.

Intuitive Economics builds on the foundational work of behavioral and cognitive economics, introduced by esteemed scholars like Daniel Kahneman, Amos Tversky, and Richard Thaler. While traditional behavioral economics focuses on how psychological factors influence economic decisions, and cognitive economics explores the mental processes behind these decisions, Intuitive Economics delves deeper. It investigates the neurocognitive mechanisms driving economic behavior, aiming to simulate these processes in AI systems.

Core Components of Intuitive Economics:

1. Energy: The mind-body connection hinges on energy as its critical currency. The brain, consuming about 25% of available energy, prioritizes survival and efficient energy use. High energy levels facilitate deeper cognition, while low energy triggers more simplistic, bias-driven thinking.
2. Cellular Communication: Our bodies communicate through complex, often wireless and quantum, cellular networks. Effective communication is essential for bringing subconscious feelings into conscious thought, enabling nuanced decision-making.
3. Memory: Past experiences, coupled with emotions, significantly influence our cognitive processes. The ability to recall and interpret these memories is crucial for informed decision-making.
4. Emotion: Emotions provide context and frame our thoughts, affecting the balance of neurocognitive networks. Extreme emotional responses can distort decision-making, highlighting the importance of balanced emotional processing.

Implementation and Applications:

IntualityAI's approach to Intuitive Economics involves using time-dependent neural networks to replicate human intuitive decision-making. These networks, designed to recognize complex patterns quickly, allow AI systems to make rapid decisions based on incomplete information. Machine learning plays a vital role in refining these intuitive capabilities, enabling AI to learn from experience and improve its decision-making over time.

Dr. Howard Rankin, IntualityAI's Science Director, emphasizes the importance of understanding the neurocognitive basis of economic behavior. "By simulating these processes in AI, we aim to enhance human decision-making rather than replace it. This approach not only holds promise for various practical applications but also underscores the need for ethical considerations in AI development."

Grant Renier, Chairman of IntualityAI, has extensively written about the implementation of Intuitive Economics, emphasizing its potential to revolutionize fields such as investment management, sports wagering, healthcare, elections, and component monitoring. According to Renier, "By integrating advanced algorithms and continuous learning mechanisms, we can create intuitive machines that augment human capabilities, paving the way for a new era of intuitive economics.

IntualityAI's Intuitive Economics has significant implications for fields such as investment management, sports wagering, healthcare, elections, and component monitoring. By bridging the gap between human cognition and artificial intelligence, IntualityAI is paving the way for a new era of economic decision-making.

About IntualityAI:

IntualityAI specializes in predictive AI technology, leveraging real-time data to identify actionable future events. With its innovative products, IntualityAI aims to provide worldwide access to real-time predictions, enhancing decision-making across various domains.

For more information, please visit www.intualityai.com or contact:

Media Contact:

Howard Rankin, Director of Science

Intuality Inc

howard.rankin@intualityai.com

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This press release introduces Intuitive Economics as a novel science blending human intuition with advanced AI, emphasizing its potential to transform economic decision-making across multiple sectors.