Framework · Agrawal, Gans & Goldfarb · 2018
Prediction Machines
Economic thesis that AI cheapens prediction, raising the value of complementary judgement and data.
Best for
Boards and strategists framing the economics of AI.
Limitations
Theoretical, not operational. No prescriptions for build, deploy, or govern.
Ratings
| Strategy | Full ✅ |
|---|---|
| Product | Full ✅ |
| Enterprise | Partial ◐ |
| Agents | None ❌ |
| Technical | None ❌ |
The SCOI verdict
Sets the economic intuition SCOI operationalises across the supply chain.