Genuinely struggled to finish this one. The majority of the book is spent rehashing the same point; that the adoption of AI is best served by re-inventions of existing systems, as opposed to being inserted into existing workflows. Am I five? Not only is this same, apparently earth shattering, insight made so often I feel like I’m doing a Duolingo Spanish lesson, but it’s completely obvious!This leads into my real problem with the book. It takes this step (painfully many times) yet again and agai...

I don't often review books for work on Goodreads, but this was so informative, I thought it'd be worth sharing here. The popular adaptation of artificial intelligence has grown exponentially in the last year, including the obvious talk about its implications for white collar work. Until I read this book, I don't think I really understood what AI was or how it worked. The authors use the example of electricity and its gradual adaptation as a technology, as a helpful metaphor to understand what we...

I try to keep up to date on technology but find AI to be very boring to learn about in general. This book kept me engaged, framed the premise in a digestible way, and helped me think about how AI could be used more powerfully.

If you are super up to speed on AI this might be too entry level but that is exactly what I found great about it. A must read if you are like me and want a foundation and framework for AI and it’s predictive capabilities.

AI is becoming more and more relevant in today’s world, and it is set to influence every person on the planet in one way or another before long, if it isn’t already. Power and Prediction is a very thought-provoking and informative guide into understanding AI, how and why it is transforming the economy, and how the future of AI may unfold, disruptions and all.If you want to prepare yourself or your business for the future of AI then this in my opinion would be a great place to start. Power and Pr...

Power and Prediction: The Disruptive Economics of Artificial Intelligence is an incredibly insightful and thought-provoking read that explores the impact of AI on the labor force and society as a whole. The authors, Ajay Agrawal, Joshua Gans, and Avi Goldfarb, have done a commendable job of explaining complex concepts in an accessible and engaging manner.One of the most impressive aspects of this book is how well it is written. The authors have a knack for explaining complex ideas in a clear and...

Loved reading this book! Very CLEAR, well-crafted narrative and powerful ideas. I had earlier read the “Prediction Machines” by the same authors. In the original book, the main idea is that AI reduces cost of prediction. As prediction gets cheaper, we will use more AI. This book goes beyond a “point solution” that swaps out current tech with new tech (e.g., steam with electricity) or “application solution” that extends independent of the system (e.g., power in small unit) to “system solution” in...

Interesting point about systematic change to truest leverage AI disruption, but shallow. Very repetitive. Could have been condensed to 100 pages or boosted beyond academic arm waving

After publishing Prediction Machines, the authors realized the necessity of considering not only the economics of artificial intelligence but also the systems in which the technology operates. At the time, most markets are not ready to benefit entirely from AI solutions.Point solutions lower costs but don’t demand structural business change. Application solutions are broader but still don’t demand structural change. System solutions require a new vision for the whole market to deliver more value...

This is a follow up to the team of author’s first book on the power of prediction and AI (“Prediction Machines” This one cuts to the heart of making faster, cheaper and better decisions and is a key book to read if you are fascinated by AI or if you think your business could benefit from better decisions for system-level innovation

Very simplistic description of AI - basically the power of prediction - and the rationale of why it hasn’t yet had the impact that it will eventually have.