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Prediction Machines: The Simple Economics of Artificial Intelligence. Ajay Agrawal, Joshua Gans, Avi Goldfarb
Prediction-Machines-The.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
Google android ebooks download Prediction Machines: The Simple Economics of Artificial Intelligence 9781633695689 (English literature) by Ajay Agrawal, Joshua Gans, Avi Goldfarb
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.
Prediction Machines: The Simple Economics of Artificial Intelligence
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A Simple Tool to Start Making Decisions with the Help of AI
In our research and in our book, we begin by distilling AI down to its very simplesteconomics, and we offer one approach to taking that first step. We start with a Aprediction machine can potentially tell you this — after all, an alarm with a simple movement sensor is already a sort of prediction machine.
Prediction Machines Book — Ajay Agrawal
Prediction Machines, coauthored by Professors Ajay Agrawal, Joshua Gans, and Avi Goldfarb, is a hotly anticipated book about the current and future economic impact of artificial intelligence. Its release date is April 17, 2018. PredictionMachines: The Simple Economics of Artificial Intelligence. By Ajay Agrawal, Joshua
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 Economics of Artificial Intelligence
Artificial intelligence. It is ushering in a new age, redefining what's possible, bringing machines to life. What should organizations do? What about government policy? How do we plan in the midst of the changes? In PredictionMachines: The Simple Economics of Artificial Intelligence, three esteemed
How AI Could Change Amazon: A Thought Experiment
Close your eyes, imagine putting your fingers on the dial of your prediction machine, and, in the immortal words of Spinal Tap, turn it to eleven. The ideas here are adapted from our forthcoming book “Prediction Machines: The SimpleEconomics of Artificial Intelligence.” (Harvard Business School Press,
Prediction Machines: The Simple Economics of Artificial Intelligence
Prediction Machines: The Simple Economics of Artificial Intelligence | Ajay Agrawal, Joshua Gans, Avi Goldfarb | ISBN: 9781633695672 | Kostenloser Versand für alle Bücher mit Versand und Verkauf duch Amazon.
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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