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	Podcast:		HBR IdeaCast
	Episode:		630: How AI Is Making Prediction Cheaper
	Category:		Business
	Duration:		00:22:41
	Publish Date:		2018-05-22 16:34:21
	Description:		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.”
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