November 16, 2023
Framing the Effects of Artificial Intelligence on Global Economic Growth and Development
The 2023-24 Arnold C. Harberger Lecture on Economic Development with Baroness Dambisa Moyo, Economist, Best-selling Author, and Member of the British Parliament
The advent of Artificial Intelligence (AI), and indeed generative AI, demands a rethink of our approach to driving economic growth and development. At a minimum, the era of AI will likely disrupt the conventional growth models that have governed economic modeling and understanding for numerous centuries. During a presentation and discussion, economist Baroness Dambisa Moyo, a member of the British Parliament, will examine how the era of AI will have an array of effects, including:
- On business: with implications beyond merely productivity gains and cost reductions
- On society: particularly, if the benefits of AI largely accrue to holders of capital, rather than labor, risking widening inequality
- On government: specifically, the changing role of the state, as the global economy confronts an era of labor-less growth, as AI technologies displace human workers and create a jobless underclass
The discussion will be moderated by Kal Raustiala, the Promise Institute Chair in Comparative and International Law at the UCLA Law School. Open to UCLA students, alumni, faculty, staff and members of the extended UCLA community and general public. To register >>About the Speaker
Baroness Dambisa Moyo of Knightsbridge is a member of the United Kingdom’s House of Lords. She is a principal of Versaca Investments - a family office focused on growth investing globally. She also serves on a number of global corporate boards including Chevron, Conde Nast, and the Oxford University Endowment investment committee.
Her areas of interest are capital allocation, risk, and ESG matters. Dambisa is the author of five bestselling books on the global macroeconomy and geopolitics. She holds a PhD in economics from Oxford University and a Master’s degree from Harvard University.
About the Arnold C. Harberger Distinguished Lecture Series
Established in 1997, the Arnold C. Harberger Distinguished Lecture on Economic Development celebrates Arnold Harberger as an eminent scholar and teacher. The lectures provide a special forum for outstanding students of international economics and policy to present their views and research to the UCLA community and the public.