Prediction machines : the simple economics of artificial intelligence

1. Introduction: Machine Intelligence 2. Cheap Changes Everything Part One: Prediction 3. Prediction Machine Magic 4. The Job of Prediction 5. Why It's Called Intelligence 6. Data Is the New Oil 7. The New Division of Labor Part Two: Decision-Making 8. Unpacking Decisions 9. The Value of Judgment 10. Predicting Judgment 11. Taming Complexity 12. Fully Automated Decision-Making 13. What's at Stake? Part Three: Tools 14. Deconstructing Workflows 15. Decomposing Decisions 16. Job Redesign Part Four: Strategy 17. AI in the C-Suite 18. When AI Transforms Your Business 19. Your Learning Strategy 20. Managing AI Risk Part Five: Society 21. Beyond Business

This Book highlighting its extraordinary potential in making decisions amid uncertainty. The authors argue that prediction tools increase productivity and constrain strategy, creating opportunities for new business strategies to compete. The book has had a significant impact on the real world, and it provides insights into how prediction fits into decision-making processes and how foundational technologies like quantum computing will impact business choices. The economic framework for understanding AI is surprisingly simple, helping navigate the changes on the horizon.