Prediction Machines: The Simple Economics Of Artificial Intelligence

Prediction Machines: The Simple Economics Of Artificial Intelligence

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What Does Ai Mean For Your Business? Read This Book To Find Out. Hal Varian, Chief Economist, Googleartificial Intelligence Does The Seemingly Impossible, Magically Bringing Machines To Lifedriving 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 Aiismagic 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 Productivityoperating 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.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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Frequently Asked Questions

  • Q: What is the main focus of 'Prediction Machines'? A: 'Prediction Machines' focuses on how artificial intelligence (AI) reduces the cost of making predictions, providing a framework for understanding its economic implications.
  • Q: Who are the authors of 'Prediction Machines'? A: The book is authored by Ajay Agrawal, Joshua Gans, and Avi Goldfarb, who are prominent economists in the field of AI and its economic impact.
  • Q: What topics does the book cover? A: The book covers the implications of AI on business strategy, government policy, and personal decision-making, emphasizing the importance of predictions in uncertain environments.
  • Q: Is 'Prediction Machines' suitable for non-economists? A: Yes, 'Prediction Machines' is written to be accessible to a broad audience, making complex economic concepts understandable for non-economists.
  • Q: What is the publication date of 'Prediction Machines'? A: 'Prediction Machines' was published on April 17, 2018.
  • Q: How many pages does the book have? A: 'Prediction Machines' contains 272 pages.
  • Q: What is the condition of the book? A: The book is in new condition, ensuring a fresh and pristine reading experience.
  • Q: What type of binding does 'Prediction Machines' have? A: 'Prediction Machines' is available in hardcover binding, providing durability and a quality feel.
  • Q: Can 'Prediction Machines' help in making business decisions? A: Yes, the book offers insights into how improved predictions through AI can enhance decision-making and strategic planning in businesses.
  • Q: What genre does 'Prediction Machines' belong to? A: 'Prediction Machines' is categorized under Economics, focusing on the economic aspects of artificial intelligence.