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Prediction Machines: The Simple Economics of Artificial Intelligence by Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Prediction Machines: The Simple Economics of Artificial Intelligence
- Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Page: 272
- Format: pdf, ePub, mobi, fb2
- ISBN: 9781633695689
- Publisher: Harvard Business Review Press
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Prediction Machines: The Simple Economics of Artificial Intelligence by Ajay Agrawal, Joshua Gans, Avi Goldfarb "What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist, Google Artificial intelligence does the seemingly impossible, magically bringing machines to life--driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In the face of such uncertainty, many analysts either cower in fear or predict an impossibly sunny future. But in Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs. When AI is framed as cheap prediction, its extraordinary potential becomes clear: Prediction is at the heart of making decisions under uncertainty. Our businesses and personal lives are riddled with such decisions. Prediction tools increase productivity--operating machines, handling documents, communicating with customers. Uncertainty constrains strategy. Better prediction creates opportunities for new business structures and strategies to compete. Penetrating, fun, and always insightful and practical, Prediction Machines follows its inescapable logic to explain how to navigate the changes on the horizon. The impact of AI will be profound, but the economic framework for understanding it is surprisingly simple.
Prediction Machines: The Simple Economics of Artificial Intelligence
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Prediction Machines – Digitopoly
My book with Ajay Agrawal and Avi Goldfarb is out now. It is called PredictionMachines: The Simple Economics of Artificial Intelligence. We have written some pieces that provide little excursions into the book. "A Simple Tool to Start Making Decisions with AI," HBR Online, 17 April 2018. "Make sure AI is
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The latest Tweets from Avi Goldfarb (@avicgoldfarb). Professor at Rotman, University of Toronto. Chief Data Scientist, Creative Destruction Lab. Author,Prediction Machines: The Simple Economics of A.I. Toronto, Ontario.
Prediction Machines: The Economics of Artificial Intelligence
Artificial intelligence. It is ushering in a new age, redefining what's possible, bringing machines to life. What should organizations do? What about government policy? How do we plan in the midst of the changes? In PredictionMachines: The Simple Economics of Artificial Intelligence, three esteemed
Prediction Machines: The Simple Economics of Artificial Intelligence
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Prediction Machines: The Simple Economics of Artificial Intelligence · Technology & Operations Book. Ajay Agrawal; Joshua Gans; Avi Goldfarb. 30.00. Add to cart. "What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist, Google. Artificial intelligence does the seemingly.
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Prediction Machines: The Simple Economics of Artificial Intelligence
Editorial Reviews. Review. "This is a timely book, well written, and accessible putting forward their insights, and is well worth reading." -- Irish Tech News. Advance Praise for Prediction Machines: Lawrence H. Summers, Charles W. Eliot Professor, former president, Harvard University; former secretary, US Treasury; and
Prediction Machines: The Simple Economics of Artificial - Foyles
Better prediction creates opportunities for new business structures and strategies to compete. Penetrating, fun, and always insightful and practical, PredictionMachines follows its inescapable logic to explain how to navigate the changes on the horizon. The impact of AI will be profound, but the economic
Prediction Machines: The Simple Economics of Artificial Intelligence
The idea of artificial intelligence - job-killing robots, self-driving cars, and self- managing organisations - captures the imagination, evoking a combination of wonder and dread for those of us who will have to deal with the consequences. But what if it's not quite so complicated? The real job of artificial intelligence, argue these
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Prediction Machines: The Simple Economics of Artificial Intelligence. By Ajay Agrawal, Joshua Gans, Avi Goldfarb. "What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist, Google. Artificial intelligence does the seemingly impossible, magically bringing machines to
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