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Jonathan Ruane On the Economics of AI: Knowns, Unknowns and Unknown Unknowns

September 28, 2019

Rapid advances in Artificial Intelligence (AI) have the potential to transform living standards, change the nature of work, and alter entire economies. But how much do we know about the size of the impact, where it will occur and at what pace? MIT Lecturer Jonathan Ruane explored these questions at a recent  Institute of International and European Affairs (IIEA) forum, in Dublin, Ireland. The IIEA is a leading think tank and the lecture was chaired by Eamon Ryan, member of the Irish Parliament and former Government Minister. The session, on The Economics of AI, also discussed the implications for policy makers when so much is still unknown. 

 Ruane is a Lecturer at MIT and an Adjunct Lecturer at Trinity College Dublin. He is a member of the Global Economics and Management (GEM) group at the Sloan School of Management and MIT’s Initiative on the Digital Economy (IDE). He teaches graduate courses on the Global Business of AI and Robotics as well as applied Analytics Lab. He co-founded a VC-backed software company, and was named in the Top 40 Irish Entrepreneurs Under 40.

Watch the full video presentation here.