The Business Of Big Data

How To Create Lasting Value in the Age of AI

By: Martin Schmalz, Uri Bram

Narrated by: Virtual Voice

Length: 2 hrs and 18 mins

Publisher's summary

If you’re a sentient human in the late 2010s, you’ve heard people talking of the phenomenal riches promised (and in some cases attained) by Artificial Intelligence. But what does it all mean for you, and the economic decisions you need to take in the coming decade? Perhaps you’re an investor, and keep reading about AI in the financial press — but you don’t know what to make of it all. Is it just a fad? If not, and the AI revolution is for real, how are you to distinguish between the thousands of startups you might invest in (even, the thousands of startups in the finance space alone), and predict their economic success? Or perhaps you’re a corporate manager: how are you to decide which areas to develop and allocate your capital to? Or perhaps you’re a founder, an entrepreneur, an economist, a coder, a regulator, a student: where should you spend your time and energy to ride the AI wave, and not get drowned by it? This book will answer all these questions and so many more, showing you how to complement AI instead of competing against it. Along the way we'll find out how AI is like a tractor; why your bank cares how fast you fill in a form or where you go to sleep at night; and why you car insurer is judging you based on your email address. PRAISE FOR 'THE BUSINESS OF BIG DATA' "The conversation about Artificial Intelligence is growing louder around us. Lacking a PhD in Computer Science, but wishing to understand the implications of this upcoming revolution, I found a surprising dearth of accessible information on the subject. The Business of Big Data has contributed to fill this gap. The authors successfully introduce the reader to the economics of Big Data and AI. Unlike most Economics writings, this book is clear and entertaining, as the authors do a great job in peppering it with amusing anecdotes…You will even learn why it makes sense for your dog to carry a FitBit device…" - Francesco Franzoni, Professor of Finance, USI Lugano "In their witty and entertaining collection of insights and anecdotes, Bram and Schmalz discuss how artificial intelligence is changing the world of business. This is book is equally fun and compelling." Axel Ockenfels, Professor of Economics, University of Cologne.