Prediction Machines

by Ajay Agrawal, Joshua Gans, Avi Goldfarb
1(1 ratings)
0 pages
Published 2024
0 min read

Named one of "The five best books to understand AI" by The Economist. The impact AI will have is profound, but the economic framework for understanding it is surprisingly simple. Artificial intelligence seems to do the impossible—driving cars, trading stocks, and teaching children. The authors recast the rise of AI as a drop in the cost of prediction. They provide economic clarity about the AI revolution and explain how prediction fits into decision-making processes and foundational technologies like quantum computing will impact business choices.

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