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Prediction Machines - The Simple Economics of Artificial Intelligence - cover
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Prediction Machines - The Simple Economics of Artificial Intelligence

Michael Stratton

Narrator Bill Hathey

Publisher: Stream Readers

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Summary

This work provides a concise synthesis of the key insights and analysis from Prediction Machines. It is an independent summary, not the original book, and has no affiliation with or endorsement from the original publication. Created for readers who want a clear, thought-provoking overview, it distills the central themes and ideas while preserving the depth and relevance of the work. 
This book reframes artificial intelligence as an economic force that reduces the cost of prediction, changing how businesses, industries, and societies make decisions. It explores how AI creates value by enhancing prediction, why judgment and data become more important as a result, and what this shift means for organizations navigating a rapidly evolving digital economy. Through clear frameworks and examples, it shows leaders how to think strategically about AI adoption without being lost in hype or speculation.
Duration: 1 minute (00:01:00)
Publishing date: 2025-09-04; Abridged; Copyright Year: 2025. Copyright Statment: —