Prediction Machines. Book Summary

Share

Ajay Agrawal, Joshua Gans, Avi Goldfarb

What’s inside

This book demystifies the concept of artificial intelligence by framing it as a tool for reducing the cost of prediction, reshaping businesses, and managing uncertainty.

You’ll Learn

  • Understanding AI’s economic implications
  • Insights into effective AI decision-making
  • Strategies for integrating AI in business
  • Knowledge of AI’s societal impacts

Key Points

  • The Economics of Prediction
  • AI’s Impact on Decision Making
  • Reducing Uncertainty in Business
  • The Role of Judgment in AI Integration
  • AI as a Complement to Human Abilities
  • Managing the Consequences of AI Deployment
  • Navigating the AI Revolution in Business

Who’s it For

  • Business professionals
  • Economists
  • Technology enthusiasts
  • AI researchers

About the author

The authors, Ajay Agrawal, Joshua Gans, and Avi Goldfarb, are renowned economists with deep insights into AI.