Book report: Prediction Machines, by three economists. AI as cheap prediction, the arithmetic analogy, and the Amazon experiment, as misunderstood by Dad.
Prediction Machines, by three economists, argues that AI is best understood as a fall in the price of prediction, as computers were a fall in the price of arithmetic, and that cheap prediction changes business models, as its Amazon thought experiment shows.
On the book: Prediction Machines by Ajay Agrawal, Joshua Gans, Avi Goldfarb
▶ Keep watching in the feedStarring
Tags
Source
Prediction Machines
Harvard Business Review Press · Jan 1, 2018
