Power and Prediction

By Ajay Agrawal, Joshua Gans, Avi Goldfarb

Book cover of Power and Prediction: The Disruptive Economics of Artificial Intelligence

Book description

Disruption resulting from the proliferation of AI is coming. The authors of the bestselling Prediction Machines can help you prepare.

Artificial intelligence (AI) has impacted many industries around the world-banking and finance, pharmaceuticals, automotive, medical technology, manufacturing, and retail. But it has only just begun its odyssey toward cheaper, better,…

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Why read it?

1 author picked Power and Prediction as one of their favorite books. Why do they recommend it?

This is the book I suggest to people who worry that AI will take their jobs or control the world.

These U of Toronto economists make a case for AI as a disruptor of systems and power structures – not on their own, but because of the decision makers who control them. Those companies won’t necessarily be Alphabet, Amazon, or Meta. Their competitive advantage – access to data – will now be available cheaply.

It’s judgment that’s at a premium now. After reading this, I feel pretty trusting of AI. I’m just not so sure about people.   

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