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The Means of Prediction: How AI Really Works (and Who Benefits)

by Maximilian Kasy

AI’s systems—and the power behind them

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AlbakiReads Editorial

AI’s systems—and the power behind them

Economist Maximilian Kasy connects the basic workings of artificial intelligence to the decisions that shape where and how it is used. The book examines AI’s role in settings from online services to courtrooms, hiring, and war, while asking who sets the objectives these systems pursue. Kasy names the resources needed to build AI—data, computing power, expertise, and energy—as “the means of prediction,” and uses that framework to explore how control over those resources influences AI’s development. The discussion presents public oversight and democratic control of AI objectives as responses to the risks and harms Kasy identifies.

Good fit for readers who enjoy

  • Readers seeking an accessible account of AI’s fundamental principles.
  • Readers interested in how ownership and control shape technology’s social effects.
  • Readers exploring arguments for public oversight and democratic control of AI.

Themes

Artificial intelligencePower and ownershipData and computing resourcesInequalityPublic oversight

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Book overview

An eye-opening examination of how power--not technology--will define life with AI.

AI is inescapable, from its mundane uses online to its increasingly consequential decision-making in courtrooms, job interviews, and wars. The ubiquity of AI is so great that it might produce public resignation--a sense that the technology is our shared fate.

As economist Maximilian Kasy shows in The Means of Prediction, artificial intelligence, far from being an unstoppable force, is irrevocably shaped by human decisions--choices made to date by the ownership class that steers its development and deployment. Kasy shows that the technology of AI is ultimately not that complex. It is insidious, however, in its capacity to steer results to its owners' wants and ends. Kasy clearly and accessibly explains the fundamental principles on which AI works, and, in doing so, reveals that the real conflict isn't between humans and machines, but between those who control the machines and the rest of us.

The Means of Prediction offers a powerful vision of the future of AI: a future not shaped by technology, but by the technology's owners. Amid a deluge of debates about technical details, new possibilities, and social problems, Kasy cuts to the core issue: Who controls AI's objectives, and how is this control maintained? The answer lies in what he calls "the means of prediction," or the essential resources required for building AI systems: data, computing power, expertise, and energy. As Kasy shows, in a world already defined by inequality, one of humanity's most consequential technologies has been and will be steered by those already in power.

Against those stakes, Kasy offers an elegant framework both for understanding AI's capabilities and for designing its public control. He makes a compelling case for democratic control over AI objectives as the answer to mounting concerns about AI's risks and harms. The Means of Prediction is a revelation, both an expert undressing of a technology that has masqueraded as more complicated and a compelling call for public oversight of this transformative technology.
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