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Blink 3 of 8 - The 5 AM Club
by Robin Sharma
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Power And Prediction summary
Ajay Agrawal, Joshua Gans & Avi Goldfarb
The Disruptive Economics of Artificial Intelligence
6 mins
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Power And Prediction
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One big idea: Decoupling prediction from judgment in decision-making.
Welcome to this Big Idea Blink. For this type of Blink, our editors choose one thought-provoking insight from a book so you can learn something new within just a few minutes.
Today, we'd like to talk about decision-making. But, not just any decision-making. We want to take a look into the promising partnership between computerized prediction and human judgment given the meteoric rise of AI. AI technology has become excellent at generating precise predictions, but that doesn’t mean old-fashioned human judgment should fall to the wayside. In fact, as we’ll discover in this Big Idea, human judgment will only become more crucial as AI continues to advance. Now, isn't that an exciting game changer to ponder over?
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What is Power And Prediction about?
Power And Prediction (2018) explores the impact of AI's advancements in prediction on decision-making processes, where AI handles the predictive elements and human judgment is important in their interpretation and application.
Power And Prediction Review
Power And Prediction by Ajay Agrawal, Joshua Gans & Avi Goldfarb (2020) explores how artificial intelligence is changing the nature of industries and the economy. Here's why this book is a must-read:
- Provides insights on how AI is revolutionizing decision-making processes across sectors, showcasing its potential impact.
- Delivers a comprehensive analysis of AI's ability to predict outcomes, offering a profound understanding of its implications for businesses and society.
- Engages readers with compelling examples and data-driven arguments, making complex AI concepts accessible and intriguing.
Who should read Power And Prediction?
- AI enthusiasts
- Business leaders
- Career strategists
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Power And Prediction FAQs
What is the main message of Power And Prediction?
The book explores how AI and prediction are reshaping industries and the implications for power dynamics.
How long does it take to read Power And Prediction?
The estimated reading time for Power And Prediction is a few hours. The Blinkist summary can be read in just around 15 minutes.
Is Power And Prediction a good book? Is it worth reading?
Power And Prediction is a must-read for those interested in understanding the impact of AI on power structures. It offers valuable insights in a concise format.
Who is the author of Power And Prediction?
Ajay Agrawal, Joshua Gans, and Avi Goldfarb co-authored Power And Prediction.
What to read after Power And Prediction?
If you're wondering what to read next after Power And Prediction, here are some recommendations we suggest:
- The Maniac by Benjamín Labatut
- All-in On AI by Tom Davenport & Nitin Mittal
- The ChatGPT Millionaire by Neil Dagger
- A New Way To Think by Roger L. Martin
- A Random Walk Down Wall Street by Burton G. Malkiel
- The Business Of The 21st Century by Robert T. Kiyosaki
- Your Journey to Financial Freedom by Jamila Souffrant
- Make Your Mark by Jocelyn K. Glei
- Your First Million by Arlan Hamilton
- How to Make a Few Billion Dollars by Brad Jacobs