Bridging the Digital Divide: AI-Powered Agents in the Information Bazaar

Buyers and sellers in online marketplaces have asymmetric information in this rapidly changing digital economy. Now, a new study, “Language models can reduce asymmetry in information markets,” by Nasim Rahaman, Martin Weiss, and co-authors suggests a rather new, AI-based solution: to use agents in a simulated environment called “The Information Bazaar.” The new study implies…