Here's the author's pitch: The value of AI is in "cheaper prediction." So economic value capture occurs by looking for prediction problems in your business and unleashing AI on those. The author further prescribes that one may have to "recast" certain problems (e.g., self-driving cars) as prediction problems to make it all work.
But the stunner for me was the assertion that the value of the semiconductor was "cheaper arithmetic."
I find these over-generalizations neither accurate nor helpful.
Here's the author's pitch: The value of AI is in "cheaper prediction." So economic value capture occurs by looking for prediction problems in your business and unleashing AI on those. The author further prescribes that one may have to "recast" certain problems (e.g., self-driving cars) as prediction problems to make it all work.
But the stunner for me was the assertion that the value of the semiconductor was "cheaper arithmetic."
I find these over-generalizations neither accurate nor helpful.