Recommendation Engines and the Digital Economy

Michael Schrage from the MIT Sloan School of Management's Initiative on the Digital Economy discusses his book "Recommendation Engines" and their effect on consumers and the digital economy. Michael is with the and the author of several important books including "The Innovator's Hypothesis." Have you ever wondered how companies like Amazon and Netflix recommend content based on our past viewing or purchasing? Recommendation engines are increasingly fueled and improved by techniques in Machine Learning and AI. There are many benefits to consumers and companies with recommendation engines, but what are the dangers and downsides?  Host, Kevin Craine