IES Management College And Research Centre

Prediction machines: the simple economics of artificial intelligence (Record no. 50216)

MARC details
000 -LEADER
fixed length control field 02412 a2200205 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 190128b ||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 978-1-63369-567-2
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 006.312/Agr/Gol
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Agrawal, Ajay; Gans, Joshua; Goldfarb, Avi
9 (RLIN) 33061
245 ## - TITLE STATEMENT
Title Prediction machines: the simple economics of artificial intelligence
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Boston, Massachusetts
Name of publisher, distributor, etc Harvard Business Review Press
Date of publication, distribution, etc 2018
300 ## - PHYSICAL DESCRIPTION
Extent x, 250
Other physical details Hardbound
520 ## - SUMMARY, ETC.
Summary, etc <br/>PUBLICATION DATE: April 17, 2018<br/><br/>"What does AI mean for your business? Read this book to find out." -- Hal Varian, Chief Economist, Google. Artificial intelligence does the seemingly impossible, magically bringing machines to life-driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In the face of such uncertainty, many analysts either cower in fear or predict an impossibly sunny future. But in "Prediction Machines," three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs. When AI is framed as cheap prediction, its extraordinary potential becomes clear: Prediction is at the heart of making decisions under uncertainty. Our businesses and personal lives are riddled with such decisions.; Prediction tools increase productivity--operating machines, handling documents, communicating with customers.; Uncertainty constrains strategy. Better prediction creates opportunities for new business structures and strategies to compete. 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.<br/><br/>
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Artificial Intelligence,
9 (RLIN) 33062
Topical term or geographic name as entry element Techhnology,
9 (RLIN) 33063
Topical term or geographic name as entry element Economics,
9 (RLIN) 33064
Topical term or geographic name as entry element Strategy
9 (RLIN) 33065
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Item type Book
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Source of acquisition Cost, normal purchase price Total Checkouts Full call number Barcode Date last seen Date last borrowed Cost, replacement price Price effective from
    Dewey Decimal Classification     Main Library Main Library 28/01/2019 Bombay Books - Bill No. 551/Dt. 21-01-2019 1000.00 1 006.312/Agr/Gan/36435 11136435 07/06/2022 06/02/2019 1250.00 28/01/2019

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM