Prediction Machines: The Simple Economics of Artificial Intelligence
Prediction Machines: The Simple Economics of Artificial Intelligence
Agrawal, Ajay
product information
Condition: New, UPC: 9781633695672, Publication Date: Sun, April 1, 2018, Type: Hardcover ,
join & start selling
description
siness? 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.

reviews

Be the first to write a review

member goods

No member items were found under this heading.

notems store

For the Thrill of It: ...

by Baatz, Simon

Paperback /Paperback

The Storyteller

by Llosa, Mario Vargas

Paperback /Paperback

Tractors and Farm Vehicles

by Coppendale, Jean

Paperback /Paperback

$4.46

listens & views

BELLBIRD

by BELLBIRD

COMPACT DISC

out of stock

$12.25

ORBIS TERRARUM

by FOTI,GINO

COMPACT DISC

out of stock

$10.99

ROXY PERRY NY BLUES QUEEN

by PERRY,ROXY

COMPACT DISC

out of stock

$18.25

CHOICES

by HARDISON,LAVON

COMPACT DISC

out of stock

$10.99

Return Policy

All sales are final

Shipping

No special shipping considerations available.
Shipping fees determined at checkout.
promoting relevance through notable postings ]
share it, buy it, sell it ]

A notem is a post that highlights an experience, idea, topic of interest, an event ... whatever a member believes worthy of discussion. Each notem becomes a pathway by which to make meaningful connections.

notems is a free, global social network that rewards members by the number and quality of notems they post.

notemote® © . Privacy Policy. Developed by Hartmann Software Group