Artificial Intelligence is portrayed in fiction and media as either killer robots or the thing that will save us all. Ajay Agrawal and his coauthors of Prediction Machines take a different view, one of economists. To them, the most important question around any new tech is: what will this reduce the cost of? Listen to find out the one thing AI excel at when it comes to cost reduction.
Ajay Agrawal is Professor of Strategic Management and Peter Munk Professor of Entrepreneurship at the University of Toronto’s Rotman School of Management. He is also cofounder of The Next 36 and Next AI, cofounder of the AI/robotics company Kindred, and founder of the Creative Destruction Lab. Ajay conducts research on technology strategy, science policy, entrepreneurial finance, and the geography of innovation.