Machine learning & AI

Verbal nonsense reveals limitations of AI chatbots

The era of artificial-intelligence chatbots that seem to understand and use language the way we humans do has begun. Under the hood, these chatbots use large language models, a particular kind of neural network. But a new ...

Computer Sciences

Rethinking algorithmic decision-making based on 'fairness'

Algorithms underpin large and small decisions on a massive scale every day: who gets screened for diseases like diabetes, who receives a kidney transplant, how police resources are allocated, who sees ads for housing or employment, ...

Computer Sciences

This algorithm has opinions about your face

When two people meet, they instantly size each other up, making snap judgments about everything from the other person's age to their intelligence or trustworthiness based solely on the way they look. Those first impressions, ...

Energy & Green Tech

Smart devices to schedule electricity use may prevent blackouts

Power plants generate electricity and send it into power lines that distribute energy to nodes, or sites, where it can be used. But if the electricity load is more than the system's capacity, transmission can fail, leading ...

Machine learning & AI

Report from AI watchdogs rips emotion tech

The opinion that affect recognition should be banned from important decisions sounds like an angry cry...but what does it all mean? Talk is heating up, actually, about artificial intelligence's impact on our daily lives in ...

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Import

The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import whereas the overseas based seller is referred to as an "exporter". Thus an import is any good (e.g. a commodity) or service brought in from one country to another country in a legitimate fashion, typically for use in trade. It is a good that is brought in from another country for sale. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country.

Imports, along with exports, form the basis of international trade. Import of goods normally requires involvement of the customs authorities in both the country of import and the country of export and are often subject to import quotas, tariffs and trade agreements. When the "imports" are the set of goods and services imported, "Imports" also means the economic value of all goods and services that are imported. The macroeconomic variable I usually stands for the value of these imports over a given period of time, usually one year.[citation needed]

This text uses material from Wikipedia, licensed under CC BY-SA