Prediction Machines: The Simple Economics of Artificial Intelligence

"This is a timely book, well written, and accessible putting forward their insights, and is well worth reading." -- Irish Tech News Advance Praise for Prediction Machines Lawrence H. Summers, Charles W. Eliot Professor, former president, Harvard University; former secretary, US Treasury; and former chief economist, World Bank-- "AI may transform your life. And Prediction Machines will transform your understanding of AI. This is the best book yet on what may be the best technology that has come along." Susan Athey, Economics of Technology Professor, Stanford University; former consulting researcher, Microsoft Research New England-- "Prediction Machines is a path-breaking book that focuses on what strategists and managers really need to know about the AI revolution. Taking a grounded, realistic perspective on the technology, the book uses principles of economics and strategy to understand how firms, industries, and management will be transformed by AI." Dominic Barton, Global Managing Partner, McKinsey & Company-- "Prediction Machines achieves a feat as welcome as it is unique: a crisp, readable survey of where artificial intelligence is taking us separates hype from reality, while delivering a steady stream of fresh insights. It speaks in a language that top executives and policy makers will understand. Every leader needs to read this book." Kevin Kelly, founding executive editor, Wired; author, What Technology Wants and The Inevitable-- "This book makes artificial intelligence easier to understand by recasting it as a new, cheap commodity--predictions. It's a brilliant move. I found the book incredibly useful." Advance Praise for Prediction Machines Lawrence H. Summers, Charles W. Eliot Professor, former president, Harvard University; former secretary, US Treasury; and former chief economist, World Bank-- "AI may transform your life. And Prediction Machines will transform your understanding of AI. This is the best book yet on what may be the best technology that has come along." Susan Athey, Economics of Technology Professor, Stanford University; former consulting researcher, Microsoft Research New England-- "Prediction Machines is a path-breaking book that focuses on what strategists and managers really need to know about the AI revolution. Taking a grounded, realistic perspective on the technology, the book uses principles of economics and strategy to understand how firms, industries, and management will be transformed by AI." Dominic Barton, Global Managing Partner, McKinsey & Company-- "Prediction Machines achieves a feat as welcome as it is unique: a crisp, readable survey of where artificial intelligence is taking us separates hype from reality, while delivering a steady stream of fresh insights. It speaks in a language that top executives and policy makers will understand. Every leader needs to read this book." Kevin Kelly, founding executive editor, Wired; author, What Technology Wants and The Inevitable-- "This book makes artificial intelligence easier to understand by recasting it as a new, cheap commodity--predictions. It's a brilliant move. I found the book incredibly useful."