Ajay Agrawal is the Peter Munk Professor of Entrepreneurship at the Rotman School of Management, University of Toronto. He is also a Research Associate at the National Bureau of Economic Research in Cambridge, MA. He is founder of Creative Destruction Lab, co-founder of The Next 36 now known as NEXT Canada, and Academic Director of the Centre for Innovation and Entrepreneurship. Agrawal is co-founder of an annual conference, held at the University of Toronto, on the business of artificial intelligence, “Machine Learning and the Market for Intelligence.” Agrawal is a co-author of the book Prediction Machines: The Simple Economics of Artificial Intelligence and co-editor of the forthcoming book "The Economics of Artificial Intelligence: An Agenda" (University of Chicago Press).
Predicting the future is about to become a whole lot cheaper. Here's how economists look at artificial intelligence.