Power and Prediction: The Disruptive Economics of Artificial Intelligence
Poder y predicción: la economía disruptiva de la inteligencia artificial
- Call number
- AI · BS-021
- Language
- English
- Physical copies
- 1
- Verification
- Verified
What it is about
Ajay Agrawal, Joshua Gans, and Avi Goldfarb argue that artificial intelligence lowers the cost of prediction, but prediction creates value only inside a redesigned decision system. They separate prediction from judgment, action, outcomes, data, and feedback; distinguish isolated point solutions from system-level change; and explain why organizations often see modest early gains before workflows, roles, and control points are reorganized around the new capability. I keep it on this shelf because I want to work with AI without confusing speed for understanding.
Why I keep it
Prediction got cheap; this is the clearest account of what that does to everything else.
Key ideas
Beside it on the shelf · AI & Technology