000 nam a22 4500
999 _c32269
_d32269
008 230903b xxu||||| |||| 00| 0 eng d
020 _a9781647824198
082 _a006.33
_bAGR
100 _aAgrawal, Ajay
245 _aPower and prediction : the disruptive economics of artificial intelligence
260 _bHarvard Business Review Press,
_c2022
_aBoston :
300 _axiv, 268 p. ;
_bill.,
_c24 cm
365 _b1350.00
_cINR
_d01
504 _aIncludes bibliographical references and index.
520 _aBanking and finance, pharmaceuticals, automotive, medical technology, retail. Artificial intelligence (AI) has made its way into many industries around the world. But the truth is, it has just begun its odyssey toward cheaper, better, and faster predictions to drive strategic business decisions-powering and accelerating business. When prediction is taken to the max, industries transform. The disruption that comes with such transformation is yet to be felt - but it is coming. How do businesses prepare? In their bestselling first book, Prediction Machines, eminent economists Ajay Agrawal, Joshua Gans, and Avi Goldfarb explained the simple yet game-changing economics of AI. Now, in Power and Prediction, they go further to reveal AI as a prediction technology directly impacting decision-making and to teach businesses how to identify disruptive opportunities and threats resulting from AI. Their exhaustive study of new developments in artificial intelligence and the past history of how technologies have disrupted industries highlights the striking phase we are now in: after witnessing the power of this new technology and before its widespread adoption - what they call "the Between Times." While there continue to be important opportunities for businesses, there are also threats of disruption. As prediction machines improve, old ways of doing things will be upended. Also, the process by which AI filters into the many systems involved in application is very uneven. That process will have winners and losers. How can businesses leverage, or protect, their positions? Filled with illuminating insights, rich examples, and practical advice, Power and Prediction is the must-read guide for any business leader or policy maker on how to make the coming AI disruptions work for you rather than against you.
650 _aAI prediction
650 _aChatbot
650 _aCreative Destruction
650 _aDaron Acemoglu
650 _aErik Brynjolfsson
650 _aJanica Stein
650 _aJoshua Gans
650 _aMachine learning
650 _aMichael Jordan
650 _aOsteoarthritis
650 _aPandemic
650 _aPoint solution
650 _aPrediction machines
650 _aPurpose technologies
650 _aSendhil Mullainathan
650 _aAirports
700 _aGans, Joshua
700 _aGoldfarb, Avi
942 _2ddc
_cBK