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Prediction Machines: The Simple Economics of Artificial Intelligence: Amazon.co.uk: Ajay Agrawal, Joshua Gans, Avi Goldfarb: 9781633695672: Books

#artificialintelligence

This 2018 book…on the timely topic of AI - tops my summer reading list. "This is a timely book, well written, and accessible putting forward their insights, and is well worth reading." 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."


business-in-the-age-of-ai

#artificialintelligence

Artificial Intelligence (AI) is already here, it is radically transforming business and pioneering companies are already leveraging AI resources to create profitable business growth. At the same time there is a lot of hype and fear surrounding the subject.


The Economics Of Artificial Intelligence - How Cheaper Predictions Will Change The World

#artificialintelligence

Artificial Intelligence (AI) is a lot of things. It's a game changer for business, it can enable humans to work smarter and faster than ever before, and it could potentially have a significant impact on economies and the labor market. But at the root of it all – the function which gives AI value – is the ability to make predictions. Calculating – more quickly and accurately than has ever been possible – what the likelihood is of a particular outcome, is the fundamental advance which AI brings to the table. To start with, it's worth defining what we mean when we talk about AI.


The Economics Of Artificial Intelligence - How Cheaper Predictions Will Change The World

#artificialintelligence

Artificial Intelligence (AI) is a lot of things. It's a game changer for business, it can enable humans to work smarter and faster than ever before, and it could potentially have a significant impact on economies and the labor market. But at the root of it all – the function which gives AI value – is the ability to make predictions. Calculating – more quickly and accurately than has ever been possible – what the likelihood is of a particular outcome, is the fundamental advance which AI brings to the table. To start with, it's worth defining what we mean when we talk about AI.


AI will change stock-market trading, but it can't wipe out the human touch

#artificialintelligence

If someone were to provide you with an oracle to tell you the future, where would you use it first? A common answer is to predict moves in the stock market. The new revolution in artificial intelligence promises to hand everyone an oracle, whether for investing or another decision. No wonder that Wall Street is moving quickly to embrace AI and competing heavily for machine-learning talent that can produce the new oracles: There recently were 831 listings on LinkedIn for jobs at Goldman Sachs alone that required sophisticated computer-programming or data science skills. But just as Tesla's TSLA, 1.48% Elon Musk recently claimed that the use of robots in auto assembly had gone too far and that humans needed to be brought back, the same is likely true for AI on Wall Street and its disappearing trading jobs.