# New statistical method eliminates AI estimation bias in econometrics

- Source: Phys.org - latest science and technology news stories
- Published: 2026-11-05T14:30:01+00:00
- Category: Science
- Original: https://phys.org/news/2026-11-statistical-method-ai-bias-econometrics.html
- Canonical: https://groundlevelnews.com/story/new-statistical-method-eliminates-ai-estimation-bias-in-econometrics-9f5768/

A new research paper describes a statistical framework that resolves significant calculation biases caused by artificial intelligence in econometric models. The method, two-step extraction, removes estimation bias when researchers measure the business or economic effects of variables extracted using machine learning algorithms from unstructured data such as photos and consumer text.

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