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The Age of Prediction

By: Igor Tulchinsky, Christopher E. Mason
Narrated by: Ian Bedford
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Summary

The power of the ever-increasing tools and algorithms for prediction and their paradoxical effects on risk.

The Age of Prediction is about two powerful, and symbiotic, trends: the rapid development and use of artificial intelligence and big data to enhance prediction, as well as the often paradoxical effects of these better predictions on our understanding of risk and the ways we live. Beginning with dramatic advances in quantitative investing and precision medicine, this book explores how predictive technology is quietly reshaping our world in fundamental ways, from crime fighting and warfare to monitoring individual health and elections.

As prediction grows more robust, it also alters the nature of the accompanying risk, setting up unintended and unexpected consequences. The Age of Prediction details how predictive certainties can bring about complacency or even an increase in risks—genomic analysis might lead to unhealthier lifestyles or a GPS might encourage less attentive driving. With greater predictability also comes a degree of mystery, and the authors ask how narrower risks might affect markets, insurance, or risk tolerance generally. Can we ever reduce risk to zero? Should we even try? This book lays an intriguing groundwork for answering these fundamental questions and maps out the latest tools and technologies that power these projections into the future, sometimes using novel, cross-disciplinary tools to map out cancer growth, people’s medical risks, and stock dynamics.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2023 Igor Tulchinsky and Christopher E. Mason (P)2023 Audible, Inc.
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sussy

only about two hours in, but came across a paragraph where the narrator basically argues that 20% of the population controls 80% of the wealth, so that means that the wealthiest 20% do 80% of the work. i don't agree with this. otherwise, very interesting and informatove

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I predict disappointment

This told me no more than can be read in newspapers about the promise of personalised medicine thanks to gene sequencing. The authors’ prediction is that AI will make it even more precise. That’s it. Anyone looking for clues on how to profit from the market anomalies exploited by the hedge fund run by one of the authors will learn nothing. Except perhaps that those arbitrage strategies stop working the more people talk about them. So he doesn’t! But you can also make money from selling books with the empty promise that you will.

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Misleading title and description

Complete waste of time if you’re interested in prediction algorithms. It’s a good listen if you’re excited about disease.

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