EAN: 9781647824679

PREDICTION MACHINES UPDATED AND EXPANDED - AJAY...

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  magically bringing machines to life-driving cars 
trading stocks  and teaching children. But facing the sea change that AI brings 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
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
masterful stroke  they lift the curtain on the AI-is-magic hype and provide economic clarity
about the AI revolution as well as a basis for action by executives  policy makers  investors 
and entrepreneurs. In this new  updated edition  the authors illustrate how  when AI is framed
as cheap prediction  its extraordinary potential becomes clear: Prediction is at the heart of
making decisions amid 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 strategies to compete. The authors reset the context  describing
the striking impact the book has had and how its argument and its implications are playing out
in the real world. And in new material  they explain how prediction fits into decision-making
processes and how foundational technologies such as quantum computing will impact business
choices. Penetrating  insightful  and practical  Prediction Machines will help you navigate the
changes on the horizon.

Aktuelle Preise zur EAN 9781647824679

Produktinformationen zur 9781647824679