Journal of Economic Literature

Kasy, Maximilian. The Means of Prediction: How AI Really Works (and Who Benefits)

2026-05-29

David Autor of Massachusetts Institute of Technology and NBER reviews “The Means of Prediction: How AI Really Works (and Who Benefits)” by Maximilian Kasy. The Econlit abstract of this book begins: “Presents a framework for understanding how artificial intelligence (AI) will proceed in a society that is shaped by power and inequality, focusing on the limits of AI and how it can be made to work for all people.”

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DOI https://doi.org/10.1257/jel.64.2.698.r8