Cross-Border Coffee Break: The Economic and Business Impacts of Artificial Intelligence

After a number of AI-winters, AI is back with a boom. And it has generated much concern on how it will disrupt society and business. In this webinar Professor Wim Naudé, Professor in Business and Entrepreneurship at Maastricht University and Visiting Professor in Technology, Innovation and Marketing at RWTH Aachen University, will go beyond the media hype to present how AI is in reality impacting on jobs and inequality. He will also discuss the challenges to limit potentially detrimental AI arms races. Professor Naudé will show why neither massive jobs losses nor a Singularity are imminent. Even though AI is unlikely to have either utopian or dis-utopian impacts, there are a number of AI-implications that will preoccupy economist and business leaders in the coming years. Amongst these, Professor Naudé will discuss arms races for data and algorithms; the (mis-) measurement of value added; market failures, anti-competitive behaviour and abuse of market power; surveillance, censorship, and cybercrime; and declining job quality.