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Prediction machines : the simple economics of artificial intelligence

Author: Ajay Agrawal; Joshua Gans; Avi Goldfarb
Publisher: Boston, Massachusetts : Harvard Business Review Press, [2018]
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
The idea of artificial intelligence--job-killing robots, self-driving cars, and self-managing organizations--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 three eminent economists, is to lower the cost of prediction. And once you start  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Ajay Agrawal; Joshua Gans; Avi Goldfarb
ISBN: 9781633695672 1633695670
OCLC Number: 1007083496
Description: x, 250 pages : illustrations ; 25 cm
Contents: Introduction: Machine Intelligence ; Cheap changes everything --
Part One: Prediction. Prediction machine magic ; Why it's called intelligence ; Data is the new oil ; The new division of labor --
Part Two: Decision Making. Unpacking decisions ; The value of judgment ; Predicting judgment ; Taming complexity ; Fully automated decision making --
Part Three: Tools. Deconstructing workflows ; Decomposing decisions ; Job redesign --
Part Four: Strategy. AI in the C-suite ; When AI transforms your business ; Your learning strategy ; Managing AI risk --
Part Five: Society. Beyond business.
Responsibility: Ajay Agrawal, Joshua Gans, and Avi Goldfarb.

Abstract:

"What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist,  Read more...

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"This is a timely book, well written, and accessible putting forward their insights, and is well worth reading." -- Irish Tech NewsAdvance Praise for Prediction Machines Lawrence H. Summers, Charles Read more...

 
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