Prediction Machines: The Simple Economics of Artificial Intelligence
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Prediction Machines: The Simple Economics of Artificial Intelligence

by Joshua Gans, Ajay Agrawal, Avi Goldfarb

Business Technology Economics
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An accessible guide to how artificial intelligence lowers the cost of prediction and reshapes business decisions and strategy.

About This Book

Prediction Machines examines how advances in artificial intelligence are changing the economics of decision making.

The authors discuss the role of prediction as a key component of AI systems and its implications for business strategy.

Readers will learn how reduced prediction costs affect industries and organizational structures.

The book provides a framework for understanding when and how to adopt AI technologies.

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I will be using this book for: