Prediction machines the simple economics of artificial intelligence subscribe sign in clear many analysts either cower in fear or predict an impossibly sunny future but in prediction . An excellent book on the economics of artificial intelligence steeped in both economics and ai ml this book steers clear of hype or anti hype applying standard economic concepts to a rapidly emerging phenomenon the book is geared to business readers not economists or policymakers but it has a lot to offer to everyone. Penetrating fun and always insightful and practical prediction machines follows its inescapable logic to explain how to navigate the changes on the horizon the impact of ai will be profound but the economic framework for understanding it is surprisingly simple review an excellent book on the economics of artificial intelligence. Prof ajay agrawal founder of the creative destruction lab and co founder of the ai robotics company kindred explored the economics behind the creation of artificial intelligence april 18th 2018
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