Technology Policy Institute

Terminator or the Jetsons? The Economics and Policy Implications of Artificial Intelligence

Washington DC 22 February 2018

Agenda

8:45 – 9:00 am Welcome Remarks

• Scott Wallsten, President and Senior Fellow, Technology Policy Institute

9:00 – 10:30 am Algorithms and Decision-Making

• Joshua Gans, Skoll Chair of Technical Innovation and Entrepreneurship, Rotman School of Management, University of Toronto:
  Exploring the Impact of Artificial Intelligence: Prediction Versus Judgment
  (Ajay Agrawal, Joshua Gans, & Avi Goldfarb)

• Jeff Prince, Professor and Chairperson, Business Economics and Public Policy, Kelley School of Business, Indiana University:
  A Paradigm for Assessing the Scope and Performance of Predictive Analytics

• Maja Brkan, Assistant Professor and Faculty of Law, Maastricht University:
  Do Algorithms Rule the World? Algorithmic Decision-making and Data Protection in the Framework of the GDRP and Beyond

• Discussant: Cleotilde (Coty) Gonzalez, Research Professor, Department of Social and Decision Sciences, Carnegie Mellon University and Founding Director, Dynamic Decision Making Laboratory

10:30 – 10:45 am Coffee break

10:45 am -12:00 pm Macroeconomics and Central Banking

• Andreas Joseph, Research Economist, Advanced Analytics Division, Bank of England:
  Machine Learning at Central Banks
  (Chiranjit Chakraborty & Andreas Joseph)

• Nicolas Woloszko, Junior Economist, OECD-OCDE:
  Forecasting GDP Growth with Machine Learning

• Discussant: Sarah Oh, Research Fellow, Technology Policy Institute

12:00 – 1:00 pm Lunch – Fireside Chat

• Rep. John Delaney (D-MD-6), Co-chair, Congressional AI Committee
• Kim Hart, Technology Editor, Axios

1:15 – 1:55 pm Autonomous Vehicles

• Andrew Whinston, Hugh Roy Cullen Centennial Chair in Business Administration, Professor of Information Systems, Computer Science and Economics, John Newton Centennial IC2 Fellow, and Director, Center for Research in Electronic Commerce, University of Texas at Austin:
  Routing for Heterogeneous Autonomous Vehicles
  (Yixuan Liu & Andrew Whinston)

2:00 – 2:40 pm Health

• Miguel Paredes, Director, Center for Advanced Analytics:
  Can AI Reduce Human Medical Errors? A Test Using US and Peruvian ICU Data

2:45 – 4:20 pm Labor Markets

• Anton Korinek, Assistant Professor in Economics, Johns Hopkins University:
  Artificial Intelligence and Its Implications for Income Distribution and Unemployment
  Artificial Intelligence, Worker-Replacing Technological Change, and Income Distribution
  (Anton Korinek & Joseph E. Stiglitz)

• Emilio Colombo, Professor of Economics, Catholic University of Milan:
  Applying ML Tools on Web Vacancies for Labour Markets and Skill Analysis
  (Emilio Colombo, Fabio Mercorio & Mario Mezzanzanica)

• Discussant: Ted To, Research Economist, Bureau of Labor Statistics

4:30 pm Adjorn