Economics of Artificial Intelligence Conference

Ajay K. Agrawal, Joshua S. Gans, Avi Goldfarb, and Catherine Tucker, Organizers

September 23-24, 2021

on Zoom.us

Conference Code of Conduct

Break
Thursday, September 23
FORMAT: Each presenter will have 10 minutes, followed by 10 minutes per discussant and 20 minutes for comments from the audience.
10:00 am
Welcome
AI will reduce the total number of jobs
10:15 am

What Are the Labor and Product Market Effects of Automation? New Evidence from France

AI, Firms and Wages: Evidence from India
Discussants: Betsey Stevenson, University of Michigan and NBER
Benjamin Jones, Northwestern University and NBER
11:15 am
Talk by Marzyeh Ghassemi, Massachusetts Institute of Technology
F-AI-Rest of Them All
While clinical AI and medical risk scores have received much attention for their potential to achieve above-human performance, there are many concerns about their ability to mimic societal bias. In this talk, Dr. Ghassemi explores the difficulty of making state-of-the-art machine learning models behave as we say, not as we do, and how technical choices that seems natural in other settings may not work well in health.
11:45 am
Break and time to fill out survey—Economists' Views on the Future of AI?
From a welfare perspective, AI adoption is too slow
12:15 pm

How Does Labor Mobility Affect Business Adoption of a GPT? The Case of Machine Learning

What Determines AI Adoption? (slides)
Discussants: Erik Brynjolfsson, Stanford University and NBER
Pascual Restrepo, Yale University and NBER
1:15 pm
Break
1:45 pm
Results - Economists' Views on the Future of AI
Anton Korinek, University of Virginia and NBER
AI will make financial markets significantly more efficient
2:00 pm

From Man vs. Machine to Man + Machine: The Art and AI of Stock Analyses

Workplace Automation and Corporate Financial Policies
Discussants: Roxana Mihet, HEC Lausanne
Paul Goldsmith-Pinkham, Yale University and NBER
3:00 pm
Adjourn
Friday, September 24
AI will substantially reduce competition
10:00 am

Bias-Variance Games

Product Recommendations and Market Concentration

Artificial Intelligence and Pricing: The Impact of Algorithm Design
Discussants: Catherine Tucker, Massachusetts Institute of Technology and NBER
Joshua S. Gans, University of Toronto and NBER
AI will substantially increase income inequality
11:30 am

Machine Learning and Mobile Phone Data Can Improve the Targeting of Humanitarian Assistance

AI Training for Online Entrepreneurs: An Experiment with Two Million New Sellers on an E-Commerce Platform
Discussants: Joseph E. Stiglitz, Columbia University and NBER
David McKenzie, The World Bank
12:30 pm
Break
AI will substantively change the skills needed in the workplace of the future
1:00 pm

The Growing Importance of Decision-Making on the Job

How Does AI Improve Human Decision-Making? Evidence from the AI-Powered Go Program
Discussants: Ananya Sen, Carnegie Mellon University
Amalia R. Miller, University of Virginia and NBER
AI will benefit larger cities at the expense of smaller cities and rural areas
2:00 pm

Immigration and Regional Specialization in AI

Is Distance from Innovation a Barrier to the Adoption of Artificial Intelligence?
Discussants: Edward L. Glaeser, Harvard University and NBER
Olav Sorenson, University of California, Los Angeles
3:00 pm
Concluding Remarks
3:10 pm
Adjourn