Description

Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. 

About the Editors

Ajay Agrawal is the Peter Munk Professor of Entrepreneurship at the Rotman School of Management, University of Toronto, Canada, and a research associate at the National Bureau of Economic Research (NBER), USA.

Joshua Gans is professor of strategic management and holder of the Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the Rotman School of Management (with a cross appointment in the Department of Economics), University of Toronto, and a research associate at the NBER.

Avi Goldfarb holds the Rotman Chair in Artificial Intelligence and Healthcare and is professor of marketing at the Rotman School of Management, University of Toronto, and a research associate at the NBER.

Contributors

Ajay Agrawal, Joshua Gans, Avi Goldfarb, Erik Brynjolfsson, Daniel Rock, Chad Syverson, Matt Taddy, Iain M. Cockburn, Rebecca Henderson, Scott Stern, John McHale, Alexander Oettl, Manuel Trajtenberg, Betsey Stevenson, Daron Acemoglu and Pascual Restrepo, Philippe Aghion, Benjamin F. Jones, and Charles I. Jones, James Bessen, Austan Goolsbee, Jason Furman, Jeff rey D. Sachs, Anton Korinek, Joseph E. Stiglitz, Tyler Cowen, Hal Varian, Catherine Tucker, Ginger Zhe Jin, Daniel Trefler, Alberto Galasso, Hong Luo, Susan Athey, Manav Raj, Robert Seamans, Paul R. Milgrom, Steven Tadelis, Colin F. Camerer

Commentators: Rebecca Henderson, Andrea Prat, Matthew Mitchell, Patrick Francois, Judith Chevalier, Mara Lederman, Daniel Kahneman