Economic Machine

Artificial intelligence does the seemingly impossible - driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs.

AN INSTANT NEW YORK TIMES AND USA TODAY BESTSELLER “Understanding how our political system has become broken in favor of reactionary ignorance is vital for saving our democracy. David Pakman accessibly explains how we got here and offers potential solutions for confronting the ongoing...

In Money Machine: A Trailblazing American Venture in China, Weijian Shan delivers a compelling account of one of the most significant deals in private equity history: the first and only foreign acquisition of control of a Chinese national bank. Money Machine is the fascinating inside story of the transaction as told by the man who led it, from the intrigues of dealmaking to the complex and uncharted process of securing control by a foreign investor of a Chinese nationwide financial institution, a feat that had never before been attempted, nor has it been repeated.

A Wharton professor and tech entrepreneur examines how algorithms and artificial intelligence are starting to run every aspect of our lives, and how we can shape the way they impact us Through the technology embedded in almost every major tech platform and every web-enabled device, algorithms...

 For beginners and more experienced investors alike, Wall Street Money Machine is a dynamic and innovative guide to understanding Wall Street and making it work for you. Wade B. Cook's is a classic rags-to-riches story: he started out as a cab driver, then became a real estate investor...

The former top CEO examines the scandalous and corrupt reasons behind obscene pay packages for corporate executives—and explains how this hurts all of us--and how we can stop it. Today, the pay gap between chief executive officers of major U.S. firms and their workers is higher than ever...

Being a student of Economics and Business, I always seek to refresh my knowledge of key common terms in these areas. Economics, Business and Politics overlap a great deal in both academic and real-world applications. Artificial Intelligence will hopefully add for the better, the fields of Business, Politics and Economics. AI has the potential to revolutionize the way business operates and contribute to global economic activity.