"The first effect of machine intelligence will be to lower the cost of goods and services that rely on prediction." #readingToday

The first effect of machine intelligence will be to lower the cost of goods and services that rely on prediction. This matters because prediction is an input to a host of activities including transportation, agriculture, healthcare, energy manufacturing, and retail. When the cost of any input falls so precipitously, there are two other well-established economic implications. First, we will start using prediction to perform tasks where we previously didn't. Second, the value of other things that complement prediction will rise.