Tag: Ajay Agrwal

As the artificial intelligence (AI) frenzy reaches new heights, everyone is focused on understanding possibilities. Much will be written on the topic, with some exploiting the frenzy and others offering valuable insights. A book I’m reading titled Power and Prediction fits the category of valuable insights. As I read it, multiple thoughts are swirling. The book looked at historical progressions of major general-purpose technologies (steam, electricity, Internet, etc.) that evolved from point solutions to applications, ultimately leading to system-level change. For example, when electricity simply replaced steam within the same system (point solution) the benefits were limited. When electricity drove the system-level redesign of factories, the game changed.