1 year 11 months ago
By Irving Wladawsky-Berger, Ph.D.  |  July 24, 2017 Is the Robocalypse upon us?, asked MIT economist David Autor in his presentation at a recent Forum of European central bankers.  His presentation was based on a paper co-written with Utrecht University economist Anna Salomons.  “Is productivity growth inimical to employment?,” they asked in the paper’s abstract.  “Canonical economic theory says no, but much recent economic theory says maybe  - that is, rapid advances in machine capabilities may curtail…

2 years 2 months ago
By Irving Wladawsky-Berger, Ph.D.  |  April 24, 2017 I recently attended a very interesting talk -- Exploring the Impact of Artificial Intelligence: Prediction versus Judgment -- by University of Toronto professor Avi Goldfarb.  The talk was based on recent research conducted with his UoT colleagues Ajay Agrawal  and Joshua Gans.  In addition to an in-depth paper aimed at a research audience, they’ve explained their work in two more general interest articles, one in the Harvard Business Review and the…