Bloomberg’s Olson wins FT’s Business Book of the Year

Bloomberg Opinion columnist Parmy Olson has won the Business Book of the Year award from the Financial Times and Schroders.

Her book is “Supremacy: AI, ChatGPT, and the Race That Will Change the World,” which tracks the rivalry between Demis Hassabis of Google DeepMind and Sam Altman of OpenAI, as they sought to apply artificial intelligence to change the world for the better, while Google, Microsoft and others vied for commercial advantage.

Olson will receive a £30,000 award. The prize, which is also supported by FT owner Nikkei, was presented in London. Authors of each of the shortlisted books will receive £10,000.

Olson is a Bloomberg Opinion columnist covering technology. She is a former reporter for the Wall Street Journal and Forbes. She is also the author of “We Are Anonymous,” a book about the rise of the legendary hacktivist collective.

Last year’s prize was won, for the first time, by a management book — Amy Edmondson’s “Right Kind of Wrong” — about how to learn from failure and take better risks. Previous winners include “Chip War,” Chris Miller’s analysis of the battle for global supremacy in semiconductor production, which triumphed in 2022, Nicole Perlroth’s “This Is How They Tell Me the World Ends,” about the cyber arms race, in 2021, and Sarah Frier’s “No Filter,” on the rise of Instagram, in 2020.