{"product_id":"prediction-machines-by-joshua-gans-9781633695672","title":"Prediction Machines","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThe idea of artificial intelligence—job-killing robots, self-driving cars, and self-managing organisations—captures the imagination, evoking a combination of wonder and dread for those of us who will have to deal with the consequences.\u003c\/p\u003e\n\n\u003cp\u003eBut what if it's not quite so complicated? The real job of artificial intelligence, argue these three eminent economists, is to lower the cost of prediction. And once you start talking about costs, you can use some well-established economics to cut through the hype.\u003c\/p\u003e\n\n\u003cp\u003eThe constant challenge for all managers is to make decisions under uncertainty. AI contributes by making knowing what's coming in the future cheaper and more certain. However, decision making has another component: judgment, which is firmly in the realm of humans, not machines.\u003c\/p\u003e\n\n\u003cp\u003eMaking prediction cheaper means that we can make more predictions more accurately and assess them with our better (human) judgment. Once managers can separate tasks into components of prediction and judgment, we can begin to understand how to optimize the interface between humans and machines.\u003c\/p\u003e\n\n\u003cp\u003eMore than just an account of AI's powerful capabilities, \u003ci\u003ePrediction Machines\u003c\/i\u003e shows managers how they can most effectively leverage AI, disrupting business as usual only where required, and provides businesses with a toolkit to navigate the coming wave of challenges and opportunities.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":46816968704236,"sku":"9781633695672","price":54.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/18204213482769.jpg?v=1757869438","url":"https:\/\/bookhero.live\/products\/prediction-machines-by-joshua-gans-9781633695672","provider":"Book Hero","version":"1.0","type":"link"}