{"product_id":"9781633695672","title":"Prediction Machines","description":"\u003cp\u003e\u003cstrong\u003ePrediction Machines\u003c\/strong\u003e delves into the transformative effects of artificial intelligence (AI) on both business and society. The authors present a compelling argument that AI should be perceived primarily as a means to lower the costs associated with making predictions. This perspective challenges traditional views on AI, shifting the focus towards its economic implications and practical applications.\u003c\/p\u003e\n\n\u003ch3\u003eThe Insights\u003c\/h3\u003e\n\u003cp\u003eThrough a rigorous analysis, the authors outline how organisations can leverage the capabilities of AI to enhance decision-making processes and develop robust strategies. They explore various dimensions of AI, including:\u003c\/p\u003e\n\u003cul\u003e\n    \u003cli\u003eThe strategic advantages it can offer to businesses.\u003c\/li\u003e\n    \u003cli\u003eThe role of governments in crafting policies that harness AI effectively.\u003c\/li\u003e\n    \u003cli\u003eHow individuals can navigate a rapidly evolving landscape influenced by these technologies.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eThe Themes\u003c\/h3\u003e\n\u003cp\u003eCentral to the book is the theme of adaptation in a world increasingly dominated by AI. The authors provide valuable guidance for stakeholders across various sectors, including CEOs, managers, policymakers, investors, and entrepreneurs. By framing AI in economic terms, they elucidate the importance of prediction in driving innovation and competitive advantage.\u003c\/p\u003e\n\n\u003cblockquote\u003e\"Understanding AI as a reduction in the cost of making predictions opens up new avenues for growth and efficiency.\"\u003c\/blockquote\u003e\n\n\u003cp\u003eReaders who appreciated works like \u003cstrong\u003eThe Innovators Dilemma\u003c\/strong\u003e by Clayton Christensen or \u003cstrong\u003eArtificial Intelligence: A Guide to Intelligent Systems\u003c\/strong\u003e by Michael Negnevitsky will find \u003cstrong\u003ePrediction Machines\u003c\/strong\u003e enlightening, as it combines theoretical frameworks with practical insights tailored for a modern audience.\u003c\/p\u003e","brand":"Harvard Business Review Press","offers":[{"title":"Default Title","offer_id":53481576956236,"sku":"9781633695672","price":20.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0960\/4163\/2076\/files\/9781633695672_front.webp?v=1766417416","url":"https:\/\/foxandfable.com\/de\/products\/9781633695672","provider":"Fox \u0026 Fable UK","version":"1.0","type":"link"}