Cotton, Peter
Microprediction: Building an Open AI Network
- ISBN 13:
- 9780262047326
- author:
- Cotton, Peter
- format:
- Hardback
- publisher:
- MIT Press
- language:
- English
- Publication Year:
- 2022
- Pages:
- 216
- Dimensions:
- 22.9 x 15.2 centimetres (0.57 kg
- Genre:
- Computers, Computer Science, General,
- Condition:
- New
- Availability:
- Item usually sent within 20 working days
Description
Microprediction: Building an Open AI Network by Peter Cotton explores how a web-scale network of autonomous micromanagers can challenge the AI revolution and provide cost-effective business optimization. The author examines the economic, statistical, decision-making under uncertainty, and privacy aspects of quantitative tasks driving business optimization. He questions what activities are currently described as AI and whether microprediction is an individual or collective activity. Cotton presents a market-inspired approach to microprediction, arguing that "superminds" can be effective in this domain. This alternative to expensive data science offers engineers the freedom to create intelligent applications using general-purpose APIs and libraries, potentially benefiting businesses and society as a whole.