On May 24th, Professor Martin Bichler, full professor at the TUM Computer Science department and affiliated with the TUM School of Management, delivered a captivating presentation at the Predictive Townhall Meeting of SAP on Learning Dynamics in AI-Driven Markets. Professor Bichler’s expertise spans the intersection of Computer Science, Management Science, and Mathematics, and he has received multiple prestigious academic awards in recognition of his contributions. During the session, Professor Bichler delved into the growing trend of companies leveraging artificial intelligence (AI) to automate pricing, purchasing, and inventory management decisions. While the applications of machine learning in companies have expanded rapidly, a crucial knowledge gap persists regarding the dynamics that emerge when individual companies employ learning software agents.
The session provided valuable insights into the intricate interplay between AI, market dynamics, and equilibrium computation. Professor Bichler's expertise and findings serve as critical contributions to the ever-evolving field of AI-driven markets, paving the way for more efficient and transparent business practices. By bridging the gaps between computer science, management science, and mathematics, Professor Bichler's presentation has furthered the understanding of the audience how AI impacts market dynamics and stimulates future research endeavours.