Professionals who use AI in a disciplined way to compound their cognitive thinking over time will be the long-term winners.

Does the prisoner’s dilemma still apply when the rules break down? By Amanda Taub A few weeks ago, several prominent American universities and law firms found themselves in what seemed to be a ...

Nash equilibrium is a game theory concept where optimal outcome is when there is no incentive for players to deviate from their initial strategy.

The prisoner’s dilemma is a thought experiment that provides an important framework for business decisions and social issues.

Bitcoin adoption by public companies is happening amidst greater institutional recognition. Semler Scientific stands out as a recent example. The mainstream recognition of Bitcoin as digital gold ...

It is generally used as an example of how rational self-interest of individuals can lead to worse outcomes for the group. Rationally, it makes sense to betray your fellow prisoner.

A thought experiment call the prisoner's dilemma has shone new light on AI's cooperative potential.

A prime example is Holcim, the global construction materials company. The Swiss firm has historically been responsible for up to 0.4% of global greenhouse gas emissions.

To avoid the worst-case outcome of the prisoner’s dilemma, though, the company has hedged its bets. It seeks out fellow corporate climate leaders and sells them on its new CO2-light products.

BY definition, the prisoner’s dilemma is a contradictory situation in which two parties acting in their own self-interests do not produce an optimal outcome. This concept was originally ...