Prediction Machines: The Simple Economics of Artificial Intelligence. Ajay Agrawal, Joshua Gans, Avi Goldfarb
Prediction-Machines-The-Simple.pdf
ISBN: 9781633695689 | 272 pages | 7 Mb
- Prediction Machines: The Simple Economics of Artificial Intelligence
- Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Page: 272
- Format: pdf, ePub, fb2, mobi
- ISBN: 9781633695689
- Publisher: Harvard Business Review Press
Online audio books download Prediction Machines: The Simple Economics of Artificial Intelligence 9781633695689
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.
The Simple Economics of Machine Intelligence
But once again, as economists, we believe some simple rules apply. Technological revolutions tend to involve some important activity becoming cheap, like the cost of communication or finding information. Machine intelligence is, in its essence, a prediction technology, so the economic shift will center
Prediction Machines: The Simple Economics of Artificial Intelligence
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Toward a national policy on AI - Policy Options
As economists, we find it useful to think about these changes as a drop in price. The rise in AI technology can be recast as a drop in the quality-adjusted price of prediction, as outlined in our new book, Prediction Machines: The SimpleEconomics of Artificial Intelligence. This is a useful perspective because
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Results 1 - 24 of 794 Prediction Machines: The Simple Economics of Artificial Intelligence. by Ajay Agrawal. Hardcover. |This title releases April 17, 2018. $34.76 online. $38.99. save 10%. Pre-order online. Not yet available in stores. pre-order. "What does AI mean for your business? Read this book to find out." -- Hal Varian
Prediction Machines: The Simple Economics of Artificial Intelligence
Publication Date: April 17, 2018. "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
Prediction Machines: The Simple Economics of Artificial Intelligence
[PDF Download] Prediction Machines: The Simple Economics of ArtificialIntelligence Full Book By Ajay Agrawal. Prediction Machines: The SimpleEconomics of Artificial Intelligence. The Simple Economics of Artificial Intelligence Pre Order artificial intelligence economics business Home Authors Articles
PREDICTION MACHINES The Simple Economics of Artificial
By @SimonCocking, review of PREDICTION MACHINES The Simple Economicsof Artificial Intelligence by Ajay Agrawal, Joshua Gans and Avi Goldfarb. The idea of artificial intelligence (AI) – job-killing robots, self-driving cars, and self- managing organizations – captures the imagination, evoking a
PREDICTION MACHINES The Simple Economics of Artificial
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