Ethics in AI Colloquium | The Economic Impact of AI

Speaker 

Daron Acemoglu is an Institute Professor at MIT and an elected fellow of the National Academy of Sciences, American Philosophical Society, the British Academy of Sciences, the Turkish Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the European Economic Association, and the Society of Labor Economists. He is also a member of the Group of Thirty.

He is the author of five books, including New York Times bestseller Why Nations Fail: Power, Prosperity, and Poverty (joint with James A. Robinson), Introduction to Modern Economic Growth, and The Narrow Corridor: States, Societies, and the Fate of Liberty (with James A. Robinson).

His academic work covers a wide range of areas, including political economy, economic development, economic growth, technological change, inequality, labor economics and economics of networks.

Daron Acemoglu has received the inaugural T. W. Shultz Prize from the University of Chicago in 2004, and the inaugural Sherwin Rosen Award for outstanding contribution to labor economics in 2004, Distinguished Science Award from the Turkish Sciences Association in 2006, the John von Neumann Award, Rajk College, Budapest in 2007, the Carnegie Fellowship in 2017, the Jean-Jacques Laffont Prize in 2018, the Global Economy Prize in 2019, and the CME Mathematical and Statistical Research Institute prize in 2021.

He was awarded the John Bates Clark Medal in 2005, the Erwin Plein Nemmers Prize in 2012, and the 2016 BBVA Frontiers of Knowledge Award.

He holds Honorary Doctorates from the University of Utrecht, the Bosporus University, University of Athens, Bilkent University, the University of Bath, Ecole Normale Superieure, Saclay Paris, and the London Business School.

Commentator

Ekaterina (Katya) Hertog is an Associate Professor in AI and Society, joint with the Oxford Internet Institute and in association with Wadham College. Ekaterina’s research interests lie at the intersection of digital sociology and family sociology. She leads the ESRC-funded DomesticAI project that scopes new technologies’ potential to free up time now locked into unpaid domestic labour and measures how willing people are to introduce these technologies into their private lives. First research findings are available as pre-prints here: The future(s) of unpaid work: How susceptible do experts from different backgrounds think the domestic sphere is to automation and The future of unpaid work: Estimating the effects of automation on time spent on housework and care work in Japan and the UK.

Katya’s earlier study of never-married single mothers in Japan provided an in-depth analysis of Japanese women’s decision-making on childbearing issues and the related value systems and was published as a book by Stanford University Press titled Tough Choices: Bearing an Illegitimate Child in Contemporary Japan. Her other research includes analyses of gender differences in time use in East Asia and an investigation of digital dating records from one of Japan’s largest matchmakers to scrutinise partner search processes, identifying the social factors that drive individual success and failure in the Japanese marriage market. In addition, she has published in journals such as the Journal of Marriage and Family, Demographic Research, and PLOS One.

Commentator

Maximilian Kasy is Professor of Economics at the University of Oxford. He received his PhD at UC Berkeley and joined Oxford coming from Harvard University. His current research interests focus on social foundations for statistics and machine learning, going beyond traditional single-agent decision theory. He also works on economic inequality, job guarantee programs, and basic income. Max teaches a course on the foundations of machine learning in the economics department.

Chaired by

John Tasioulas,  the inaugural Director for the Institute for Ethics and AI, and Professor of Ethics and Legal Philosophy, Faculty of Philosophy, University of Oxford. He was previously the inaugural Chair of Politics, Philosophy & Law and Director of the Yeoh Tiong Lay Centre for Politics, Philosophy & Law at The Dickson Poon School of Law, Kings College London. Professor Tasioulas has degrees in Law and Philosophy from the University of Melbourne, and a D.Phil in Philosophy from the University of Oxford, where he studied as a Rhodes Scholar. He was previously a Lecturer in Jurisprudence at the University of Glasgow, Reader in Moral and Legal Philosophy at the University of Oxford, where he taught from 1998-2010, and Quain Professor of Jurisprudence at University College London. He has also acted as a consultant on human rights for the World Bank and is a member of the International Advisory Board of the European Parliament's Panel for the Future of Science and Technology (STOA). He has published widely in moral, legal, and political philosophy.