Copyright Copyright © 2018 by Hemant Taneja Hachette Book Group supports the right to free expression and the value of copyright. The purpose of copyright is to encourage writers and artists to produce the creative works that enrich our culture. The scanning, uploading, and distribution of this book without permission is a theft of the author’s intellectual property. If you would like permission to use material from the book (other than for review purposes), please contact [email protected]. Thank you for your support of the author’s rights. PublicAffairs Hachette Book Group 1290 Avenue of the Americas, New York, NY 10104 www.publicaffairsbooks.com @Public_Affairs First Edition: March 2018 Published by PublicAffairs, an imprint of Perseus Books, LLC, a subsidiary of Hachette Book Group, Inc. The PublicAffairs name and logo is a trademark of the Hachette Book Group. The Hachette Speakers Bureau provides a wide range of authors for speaking events. To find out more, go to www.hachettespeakersbureau.com or call (866) 376-6591. The publisher is not responsible for websites (or their content) that are not owned by the publisher. Library of Congress Cataloging-in-Publication Data Names: Taneja, Hemant, author. author. Title: Unscaled : how AI and a new generation of upstarts are creating the economy of the future / Hemant Taneja with Kevin Maney. Description: First Edition. | New York : PublicAffairs, 2018. | Includes bibliographical references and index. Identifiers: LCCN 2017042248 | ISBN 9781610398121 (hardback) | ISBN 9781610398138 (ebook) Subjects: LCSH: Automation—Economic aspects. | Artificial intelligence—Economic aspects. | BISAC: BUSINESS & ECONOMICS / Entrepreneurship. | BUSINESS and ECONOMICS / Economic Conditions. Classification: LCC HC79.A9 T36 2018 | DDC 338/.064—dc23 LC record available at https://lccn.loc.gov/2017042248 ISBNs: 978-1-61039812-1 (hardcover), 978-1-61039813-8 (ebook) E3- 20180223-JV-PC Contents Cover Title Page Copyright Dedication PART 1 BIRTH OF A NEW ERA, RIGHT NOW 1 The Great Unscaling 2 The AI Century PART 2 THE GLOBAL REWRITE 3 Energy: Your Home Will Have Its Own Clean Power Plant 4 Healthcare: Genomics and AI Will Enable Prolonged Health 5 Education: Lifelong Learning for Dynamic and Passionate Work 6 Finance: Digital Money and Financial Health for All 7 Media: Content You Love Will Find You 8 Consumer Products: Everything You Buy Will Be Exactly What You Want PART 3 CHOICES FOR A GOOD OUTCOME 9 Policy: Profound Decisions to Have a Good AI Century 10 The Corporation: Charting an Unscaled Future for Scaled Enterprises 11 The Individual: Living Your Life as a Personal Enterprise Acknowledgments About the Author Notes Index To my partners at General Catalyst