The Process of Computational Tools Used to Handle Tasks Traditionally

question 94

Multiple Choice

The process of computational tools used to handle tasks traditionally handled by humans is called

• A)Distributed ledger technology
• B)Machine learning
• C)Artificial intelligence
• D)Fintech
• E)Blockchain

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Definitions:

Lemons

In economics, refers to a lower-quality product that is difficult to distinguish from higher-quality products before purchase, notably used in a market context where there is information asymmetry between buyers and sellers.

Adverse Selection

A situation where asymmetric information results in high-risk individuals being more likely to participate in a market, leading to an imbalance in the market.

Durability

The quality of being able to withstand wear, pressure, or damage; the ability of a product to last for a long time.

Used-Toyota Market

A specific segment of the automobile market dealing with the buying and selling of pre-owned Toyota vehicles.