New Economy Forum: Fiscal Policy to Broaden the Gains from Gen AI

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Location: Cedar Hall HQ1-1-660

OVERVIEW

 

Join us for an insightful session on the transformative potential of Generative AI. While Gen AI promises to boost productivity and enhance public services, it also poses significant risks, such as labor market disruptions, rising unemployment, and growing inequality.

How can governments harness fiscal policy to ensure the benefits of AI are shared equitably across society? What strategies can assist workers at risk of job displacement? And how should tax systems evolve in response to these changes?

In this session, we will explore the critical role of fiscal policies in steering AI technology for growth, while also addressing its potential negative impacts on the labor market and wealth distribution. Come and be part of the conversation on shaping a fairer future in the age of AI!.

 

MODERATOR

 

 

Rachelle Akuffo
Anchor at Yahoo Finance

Rachelle Akuffo is an anchor at Yahoo Finance, covering the latest market-moving news, closing bell action and financial news. This British-Ghanaian journalist is a former award-winning news anchor for CGTN America and host of its flagship magazine business show, Global Business America. Ms. Akuffo began her career as a radio journalist in England and went on to work as an anchor and reporter for Swiss bank Dukascopy, covering FOREX news and key global economic calendar events. She was also a correspondent for the millennial-focused digital news service, OneMinuteNews. Akuffo has received several accolades including a 2015 Clarion Award for her reporting on the struggles of Latina entrepreneurs and a 2018 Gracie Award for 'Forgotten Mothers' - focusing on the dramatic rise of maternal deaths in the US. Ms. Akuffo is a graduate of Howard University in Washington, D.C. and of London’s Brunel University.

PANELISTS

 

 

 

Era Dabla-Norris
Deputy Director, Fiscal Affairs Department, IMF

Era Dabla-Norris is Deputy Director in the IMF’s Fiscal Affairs Department, where she leads the work on the IMF flagship report, the Fiscal Monitor and on AI and Fiscal Policy. Previously she was in the Asia Pacific Department as mission chief for Vietnam. Prior to this, she was a Division Chief in the IMF’s Fiscal Affairs Department, working on debt, structural reforms and productivity, fiscal spillovers, and demographic change. Since joining the IMF, she has worked on a range of advanced, emerging market, and low-income countries and published widely on a variety of topics. She is the editor of the book Debt and Entanglements.  Her research has also been profiled regularly in leading global newspapers and magazines such as The Economist, Financial Times, Bloomberg, BBC, and CNN. She is a contributing member of the Global Futures Council of the World Economic Forum. Era holds a Master’s degree from the Delhi School of Economics, India, and a PhD from the University of Texas

 

 

 

Daniel Deisenroth
Director of Economics and Policy Research, Meta Platforms, Inc

Dr. Deisenroth currently directs Meta Platforms’s Economics and Policy Research group, where he leads research guiding internal strategy and partners with academic researchers on external-facing work studying the economics of digital platforms.  His team’s work includes measuring the value of free digital services, assessing the effects of platform policies, and quantifying the value of digital ads and ads personalization; more recently, he has quantified the value of emerging AI tools in digital advertising.  His team has also led other large-scale initiatives such as Meta’s Global State of Small Business and Future of Business surveys. Before joining Meta, Dr. Deisenroth was a Vice President and economic consultant with Analysis Group, where he worked on disputes involving technology and other companies, as well as matters related to debt and sovereign debt restructurings, and supported expert witness testimony through all phases of the litigation process.  Dr. Deisenroth previously served on the economics faculty in the California State University system and holds a PhD in agricultural and resource economics

 

Arturo Franco
Director, Group Strategy Office, World Bank

Arturo Franco is the Director of Group Strategy Office, in the Office of the Managing Director and WBG Chief Administrative Officer. Before joining the World Bank as Special Advisor in the Senior Managing Director's office, Arturo served as Senior Vice President, Thought Leadership at Mastercard Center for Inclusive Growth, as a senior advisor for McKinsey & Company’s global public and social policy practice, and as executive director of the Planning Council of the State of Nuevo Leon, where he also served as Undersecretary. Over the past years, Arturo has been Global Leadership Fellow for Latin America at the World Economic Forum, economics research fellow at Harvard University’s Center for International Development, nonresident senior fellow at the Atlantic Council and is a member of the International Institute for Strategic Studies. Arturo holds economics degrees from Monterrey Tec in Mexico and Harvard’s Kennedy School of Government, where he was also vice chair of the Alumni Board. His essays and books have been published by the Brookings Institution, the Woodrow Wilson Center for International Scholars, the Atlantic Council, and the Policy Network.

 

Carl Benedikt Frey
Associate Professor of AI and Work, Oxford Internet Institute, University of Oxford

Carl Benedikt Frey is the Dieter Schwarz Associate Professor of AI & Work at the Oxford Internet Institute and a Fellow of Mansfield College, University of Oxford (from May 2023). He is also Director of the Future of Work Programme and Oxford Martin Citi Fellow at the Oxford Martin School. Frey has served as an advisor and consultant to international organisations, think tanks, government, and business, including the G20, the OECD, the European Commission, the United Nations, and several Fortune 500 companies. He is also an op-ed contributor to the Financial Times, Foreign Affairs, Scientific American, and the Wall Street Journal, where he has written on the economics of artificial intelligence, the history of technology, the future of cities, and remote work. His academic work has featured in over 100 media outlets, including The Economist, New York Times, Time Magazine, the New Yorker, Le Monde, and Frankfurter Allgemeine Zeitung. In addition, he has frequently appeared international broadcast media such as CNN, BBC, PBS News Hour, Al Jazeera, and Sky News. His most recent book, The Technology Trap: Capital, Labor, and Power in the Age of Automation, was selected a Financial Times Best Books of the Year in 2019, when it also won Princeton University’s prestigious Richard A. Lester Prize.

 

Pamela Mishkin
Head of Economic Research Team, Open AI

Pamela Mishkin leads the economic research team at OpenAI, where she previously led efforts on multimodal safety including codex and DALL-E 2. Mishkin received her BA from Williams College and her MPhil from the University of Cambridge as a Hershel Smith Scholar.