Papers and Presenters: Carnegie-Rochester-NYU Conference
2025 Conference on The Consequences of AI use on Society and Policy
May 2-3, 2025
Room 4242
Tepper School of Business, Carnegie Mellon University
Keynote Panel: A Policy Agenda for AI
Fabio M. Natalucci
Chief Executive Officer of the Andersen Institute for Finance & Economics and former Deputy Director of the Monetary and Capital Markets Department at the International Monetary Fund (IMF)
Elad Roisman
Former Commissioner and Acting Chairman of the U.S. Securities and Exchange Commission (SEC)
Chester Spatt
Pamela R. and Kenneth B. Dunn Professor of Finance at the Tepper School of Business.
Former Chief Economist of the U.S. Securities and Exchange Commission (2004-2007)
Thursday, May 1, 2025
5-6 p.m. in the Tepper School PNC Rooms
REGISTER NOW
Friday, May 2, 2025
8 - 8:30 a.m.
Breakfast
8:30 - 9:45 a.m.
“The Impact of AI on Global Knowledge Work”
Authors: Enrique Ide (IESE), Eduard Talamas (IESE)
Discussant: Daniel Rock (Wharton)
9:45 - 11 a.m.
“The Effects of AI on the Future of Work and Production”
Authors: Boyan Jovanovic (NYU), Peter Rousseau (Vanderbilt)
Discussant: Hugo Hopenhayn (UCLA)
11 - 11:30 a.m.
Break
11:30 a.m. - 12:45 p.m.
"AI vs. Data Feedback Loops and Their Impact on Market Power"
Authors: Roxana Mihet (UNIL), Kumar Rishabh (UNIL), Orlando Gomes (ISCAL)
Discussant: Ben Zhang (USC)
12:45 - 2:15 p.m.
Lunch
2:15 - 3:30 p.m.
"Automated Credit Limit Increases and Consumer Welfare"
Authors: Vitaly Bord (Federal Reserve Board), Agnes Kovacs (Kings College London), Patrick Moran (Federal Reserve Board)
Discussant: Joel Flyn (Yale)
3:30 - 3:45 p.m.
Break
3:45 - 5 p.m.
"Job Creation and Destruction by A.I. and Equilibrium Labor Market Dynamics"
Authors: Ping Wang (Washington University in St. Louis and NBER), Russel Wong (FRB
Richmond)
Discussant: Carter Braxton (Wisconsin)
6 - 9 p.m.
Conference Dinner
Saturday, May 3, 2025
8 - 8:30 a.m.
Breakfast
8:30 - 9:45 a.m.
"Socially Responsible Firms and the Rollout of Transformative Artificial Intelligence"
Authors: Nils Lehr (IMF), Pascual Restrepo (Yale)
Discussant: Philip Bond (Washington)
9:45 - 11 a.m.
"The Rise of AI Pricing: Trends, Driving Forces, and Implications for Firm Performance"
Authors: Jonathan Adams (Florida), Min Fang (Florida), Zheng Liu (FRB San Francisco), Yajie
Wang (Missouri)
Discussant: Qiaochu Wang (New York University)
11 - 11:30 a.m.
Break
11:30 a.m. - 12:45 p.m.
"Artificial Intelligence and Cognitive Inequality"
Authors: Indira Puri (NYU Stern), Laura Veldkamp (Columbia GSB)
Discussant: Karthik Sastry (Princeton)