Books by Ajay Agrawal

He is a prominent figure in the field of entrepreneurship and innovation, holding the Geoffrey Taber Chair in Entrepreneurship and Innovation at the University of Toronto's Rotman School of Management. Agrawal is well-known for his contributions to the discourse on AI and its economic implications. He co-authored the influential books “Prediction Machines: The Simple Economics of Artificial Intelligence” and “Power and Prediction: The Disruptive Economics of Artificial Intelligence.”

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Book cover of Power and Prediction by Ajay Agrawal — critical summary review on 12min

Power and Prediction

Ajay Agrawal

This book's main theme is the current and future economic effects of AI. The writers, acclaimed Rotman School of Management lecturers, introduce AI in an informative and approachable manner, even for readers with less technical understanding. They investigate the economic drivers pushing AI adoption in many industries, addressing both the potential advantages and obstacles. The authors' analysis is both simple and thought-provoking, making this book a must-read for everyone interested in learning about the huge transformations that AI will bring in the years ahead.

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