MIT IDE Leaders Featured at 2019 World Economic Forum

MIT IDE
MIT Initiative on the Digital Economy
2 min readJan 24, 2019

MIT IDE leaders are participating in the 2019 World Economic Forum in Davos, Switzerland, this week on a wide range of topics. Director Erik Brynjolfsson was featured on several panel discussions including one on Making Digital Globalization Inclusive on January 23, and another on January 24, discussing economic measures beyond GDP entitled, More Than GDP.

Erik Brynjolfsson, above and below, speaks at WEF discussions.

Both panels addressed overarching inequalities — and misguided measurements — that cause many sectors and countries to be overlooked in the digital economy.

Brynjolfsson also spoke about Workforce Transformation and whether tech progress will leave people behind, in a conversation with Karl von Rohr of Deutsche Bank AG. They also talked about the challenges faced by companies, NGOs, and government.

Additionally, IDE co-director, Andrew McAfee, spoke about human versus machine algorithm bias in a conversation with Justine Cassell, Associate Dean, Carnegie Mellon University. During their discussion of the Case for Inclusive AI, McAfee argued against over-reliance on human decision-making, while Cassell warned about the immature state of many machine learning algorithms today. Watch the videos here and here.

McAfee and Cassell debate human vs. machine biases at the WEF.

Also watch Stephanie Ruhle of NBC interview Andy McAfee about the impact of robots and automation on the workforce, here.

In addition, IDE co-lead Alex Pentland addressed a forum on “Big data Meets the Markets: The future of data-dominated financial systems.” He also spoke about “data for good,” and Blockchain and AI at an event co-sponsored by the MIT @medialab, the United Nations Capital Development Fund @UNCDF, and the Sustainable Digital Finance Alliance @SDFAlliance.

Recaps can be found here and at MIT.

Sandy Pentland, far right, with fellow panelists.

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MIT IDE
MIT Initiative on the Digital Economy

Addressing one of the most critical issues of our time: the impact of digital technology on businesses, the economy, and society.