4 books match the query 'Agrawal, Ajay'
Edited by Ajay Agrawal, Joshua Gans, and Avi Goldfarb
University of Chicago Press, 2019
Edited by Ajay Agrawal, Joshua Gans, Avi Goldfarb, and Catherine E. Tucker
University of Chicago Press, 2024
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system.
In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI.
The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.
Edited by Ajay Agrawal, Erik Brynjolfsson, and Anton Korinek
University of Chicago Press, 2026
A thought-provoking examination of how AI might either spur or harm human economic progress.
What happens to an economy when machines can think as well as, or even better than, humans? The Economics of Transformative AI tackles this issue, which is one of the most consequential economic questions of our time. This book brings together sixteen research studies from top economists that look closely at how transformative AI reshapes everything from innovation and market structure to employment, inequality, and human purpose. They explore both opportunities, such as personalized algorithmic assistance, accelerated scientific discovery, and new forms of organization, and profound challenges, including potential labor displacement, rising concentration of power, changes in the information ecosystem, and even possible existential risks to humanity.
The studies in this volume develop economic frameworks for understanding the conditions under which AI might enhance or undermine human flourishing. They offer policymakers, researchers, and business leaders the analytical tools needed to prepare for the potential economic transformations ahead.
Edited by Ajay Agrawal, Joshua Gans, Avi Goldfarb, and Catherine E. Tucker
University of Chicago Press, 2026
An authoritative look at how artificial intelligence both shapes and is shaped by the political and economic forces of the modern world.
As the effects of artificial intelligence are felt across economies and societies, many of its ramifications are still emerging. This volume brings together economists and political scientists to examine how AI intersects with regulation, military power, and political identity—offering analytical frameworks and identifying key open questions for future research.
The contributions address topics such as the allocation of property rights for AI inputs, trade-offs among alternative regulatory regimes, and the role of interest groups in shaping the technology’s trajectory. They explore how AI-related capabilities influence military effectiveness, resource allocation, and bargaining power among nations, and consider AI’s effects on political preferences, from the influence of AI-curated information on polarization to the implications of targeted political advertising and personalized education for national identity formation. The volume highlights key trade-offs that arise in AI’s political economy, and points toward empirical strategies and theoretical models that can advance understanding in this emerging field.
Drawing on diverse disciplinary perspectives, the collection provides a foundation for rigorous inquiry into how AI both shapes and is shaped by political and economic forces.