The economics of artificial intelligence

AI ”significantly lowers the cost of prediction…AI will become a much better predictor than humans are, and as the quality of AI prediction goes up, the value of human prediction will fall…as the value of human prediction falls, the value of human judgment goes up because AI doesn’t do judgment—it can only make predictions and then hand them off to a human to use his or her judgment to determine what to do with those predictions.”

Must-read article.