[Pdf/ePub] Power and Prediction: The Disruptive
Power and Prediction: The Disruptive Economics of Artificial Intelligence by Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Power and Prediction: The Disruptive Economics of Artificial Intelligence
- Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Page: 288
- Format: pdf, ePub, mobi, fb2
- ISBN: 9781647824198
- Publisher: Harvard Business Review Press
Download Power and Prediction: The Disruptive Economics of Artificial Intelligence
Ebooks free online download Power and Prediction: The Disruptive Economics of Artificial Intelligence 9781647824198 by Ajay Agrawal, Joshua Gans, Avi Goldfarb
Disruption resulting from the proliferation of AI is coming. The authors of the bestselling Prediction Machines can help you prepare. Artificial intelligence (AI) has impacted many industries around the world—banking and finance, pharmaceuticals, automotive, medical technology, manufacturing, and retail. But it has only just begun its odyssey toward cheaper, better, and faster predictions that drive strategic business decisions. When prediction is taken to the max, industries transform, and with such transformation comes disruption. What is at the root of this? In their bestselling first book, Prediction Machines, eminent economists Ajay Agrawal, Joshua Gans, and Avi Goldfarb explained the simple yet game-changing economics of AI. Now, in Power and Prediction, they go deeper, examining the most basic unit of analysis: the decision. The authors explain that the two key decision-making ingredients are prediction and judgment, and we perform both together in our minds, often without realizing it. The rise of AI is shifting prediction from humans to machines, relieving people from this cognitive load while increasing the speed and accuracy of decisions. This sets the stage for a flourishing of new decisions and has profound implications for system-level innovation. Redesigning systems of interdependent decisions takes time—many industries are in the quiet before the storm—but when these new systems emerge, they can be disruptive on a global scale. Decision-making confers power. In industry, power confers profits; in society, power confers control. This process will have winners and losers, and the authors show how businesses can leverage opportunities, as well as protect their positions. Filled with illuminating insights, rich examples, and practical advice, Power and Prediction is the must-read guide for any business leader or policymaker on how to make the coming AI disruptions work for you rather than against you.
Tweets with replies by Ajay Agrawal (@professor_ajay) / Twitter
I am joined by Professor Joshua Gans, co-author of the new book Power and Prediction - The Disruptive Economics of Artificial Intelligence.
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Power and Prediction: The Disruptive Economics of Artificial Intelligence · Publication Date: Oct 2022 · Product Number: 10580-PDF-ENG · Length: 288 p · Languages:
Avi Goldfarb on Twitter: "After years of research, two months
After years of research, two months until launch! Pre-orders now available for our new book “Power & Prediction: The Disruptive Economics of Artificial
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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
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