AI & Value Capture: Implications for Workers, Firms, and Society

Abstract

Artificial intelligence (AI) and automation have been generating increased attention from scholars concerned with the impact of technologies on firms and society. We propose a set of four papers that will stimulate discussion about the antecedents of AI’s innovation and diffusion and the subsequent implications for workers, firms, and public welfare. Our goal is to increase our collective understanding of how we can prepare ourselves at the individual, organizational, and societal levels to benefit from and capitalize on the widespread diffusion of AI and automation, while at the same time being attentive to the potential negative consequences of AI technologies. Therefore, our symposium aligns well with this year’s annual meeting theme of creating a better world together. Does AI Replace Labor (yet)? Evidence from Machine Translation Presenter: Erdem Yilmaz; Faculty of Business and Economics (HEC Lausanne), U. of Lausanne Presenter: Ivana Naumovska; INSEAD Presenter: Vikas A. Aggarwal; INSEAD Falling Asleep at the Wheel: Human/AI Collaboration in a Field Experiment on HR Recruiters Presenter: Fabrizio Dell'Acqua; Columbia Business School Collaborate or Prefabricate? ML Technology Commercialization Strategies Presenter: Beverly Rich; U. of Utah Artificial Intelligence, Co-invention Costs and Regional Diversity Presenter: Jino Lu; USC Marshall School of Business Presenter: Florenta Teodoridis; California Southern U.