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AI Brings Cheap Prediction & Expensive Change ft Avi Goldfarb | Invisible Machines Podcast

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Sinopse

Most organizations are still implementing AI as point solutions, dropping new technology into existing workflows to do the same work, just slightly better. The real value lies in system solutions that completely transform how organizations operate. Avi Goldfarb, economist and co-author of Prediction Machines, joins Robb and Josh to explain why AI adoption follows predictable economic principles and why internal resistance, not technology limitations, is the primary barrier to transformation.This conversation, recorded back in 2023, reminds us that most organizations continue to struggle with the same issues surrounding systemic change in 2026. Goldfarb's core argument: AI is fundamentally cheap prediction. Just as the internet made search and copying cheap, AI makes prediction cheap. When something becomes a commodity, the complements, the things that work alongside it, become more valuable. This includes compute power (benefiting Microsoft, Amazon, Google), unique data, and crucially, human judgment.The prob