The High Stakes of the AI Economy, Live from the WBUR Festival
AI promises massive gains in productivity and a flourishing of goods and services—but also poses consequences for jobs, corporate power, and society. There will be winners and losers. Today, we're asking: How do we strike the balance between innovation and safety, between competition and concentration, between policy and industry regulation?At a live event as part of the WBUR Festival, host Curt Nickisch speaks to:Divya Sridhar - Vice President, Global Privacy Division & Privacy Operations, BBB National ProgramsAsu Ozdaglar - Department Head, MIT Department of Electrical Engineering & Computer Science Deputy Dean, MIT Schwarzman College of ComputingAndrei Hagiu – Professor of Information Systems, Boston University Questrom School of BusinessSen. Barry Finegold - State Senator, Essex and Middlesex Counties, MA
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The Economic Anxiety of a Global Trade Shift
One of the goals of the Mehrotra Institute is to educate, not just through research or in the classroom, but by creating real-world learning opportunities.So, for this episode, we're handing the mic to student host Grant Corbett, who chats with JD Chesloff, President & CEO of the Massachusetts Business Round Table about how the current political environment is impacting businesses on the ground. Special thanks to the Raif Dinçkök Student Forum at the Mehrotra Institute for supporting this episode.
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How Should Companies Balance Short-Term Pressures with Long-Term Interests?
How should companies balance short-term pressures with long-term interests?Can they do both—and if so, how?
That’s the question we posed at a live event that BU Questrom held in April.
Host Curt Nickisch spoke to Stuart Hart, Professor in Residence at the University of Michigan’s Erb Institute for Global Sustainable Enterprise, and the author of Beyond Shareholder Primacy: Remaking Capitalism for a Sustainable Future; Anthony Allot, Board Chair and former CEO of Silgan Holdings Corporation; Aneliya Crawford, Head of ESG Advisory at UBS; and Andrew King, Allen and Kelli Questrom Professor in Strategy & Innovation at BU Questrom.
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How to Combat Common Ownership
Last episode introduced the concept of common ownership. That’s where major investors buy significant stakes across competing firms, which can lower competition, raise prices, and affect innovation. But what could be done about that? Is there a way to address these anti-competitive issues?
Host Curt Nickisch talks potential solutions with Florian Ederer, Allen and Kelli Questrom Professor in Markets, Public Policy & Law at BU Questrom; Glen Weyl, founder of the RadicalxChange Foundation and the Plurality Institute;
and Fiona Scott Morton, Theodore Nierenberg Professor of Economics at the Yale School of Management.
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What Happens When the Same Investors Own Competing Companies?
When the same big investors buy stakes in multiple competing companies, are those firms still competitors? When they practically have the same owner, do they set their prices differently? Do they lose their drive to innovate?
This is not a thought experiment. It’s real and widespread—a phenomenon known as common ownership. Is common ownership just smart investing, or is it reducing competition and driving up costs? And what, if anything, should be done about it?
To explain, host Curt Nickisch speaks to Florian Ederer, Allen and Kelli Questrom Professor in Markets, Public Policy & Law at BU Questrom.
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Conversations about the role of business in society, brought to you by the Ravi K. Mehrotra Institute for Business, Markets & Society at BU Questrom School of Business.
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