HBR IdeaCast
HBR IdeaCast
Harvard Business Review
A weekly podcast featuring the leading thinkers in business and management.
How AI Is Making Prediction Cheaper
22 minutes Posted May 22, 2018 at 2:34 pm.
    0:00
    22:41
    Download MP3
    Show notes
    Avi Goldfarb, a professor at the University of Toronto’s Rotman School of Management, explains the economics of machine learning, a branch of artificial intelligence that makes predictions. He says as prediction gets cheaper and better, machines are going to be doing more of it. That means businesses — and individual workers — need to figure out how to take advantage of the technology to stay competitive. Goldfarb is the coauthor of the book “Prediction Machines: The Simple Economics of Artificial Intelligence.”