Who Controls AI? With Sendhil Mullainathan
Capitalisn't21 Joulu 2023

Who Controls AI? With Sendhil Mullainathan

The firing, and subsequent rehiring, of OpenAI CEO Sam Altman raises fundamental questions about whose interests are relevant to the development of artificial intelligence and how these interests should be weighed if they hinder innovation. How should we govern innovation, or should we just not govern it at all? Did capitalism "win" in the OpenAI saga?

Bethany and Luigi sit down with Luigi’s colleague Sendhil Mullainathan, a professor of Computation and Behavioral Science at Chicago Booth. Together, they discuss if AI is really "intelligent" and whether a profit motive is always bad. In the process, they shed light on what it means to regulate in the collective interest and if we can escape the demands of capitalism when capital is the very thing that's required for progress.

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A Firm Grip on the Labor Market

A Firm Grip on the Labor Market

The U.S. economy may be booming, but despite a recent uptick wage growth remains stubbornly flat. Kate & Luigi examine the effect of monopsonies in the labor market among concentrated industries like Big Tech. Are companies colluding against workers and driving down wages?

15 Maalis 201829min

O. Contin Pusher, M.D.

O. Contin Pusher, M.D.

Are doctors and pharmaceutical companies to blame for the opioid epidemic? Kate & Luigi look at the role of supply and demand in fueling the distribution of prescription painkillers, and discuss the regulatory ramifications for medical marijuana.

1 Maalis 201828min

The Moral Case Against the MBA

The Moral Case Against the MBA

Are elite MBA programs producing morally bankrupt administrators? Duff McDonald, author of “The Golden Passport,” tries to convince Luigi & Kate that conflicts of interest and flawed case studies amount to an unethical education that harms society.

15 Helmi 201826min

Capital Isn't in the 21st Century

Capital Isn't in the 21st Century

Five years after Thomas Piketty’s surprise bestseller captured the zeitgeist of an anxious age, Kate and Luigi revisit the book to see how it holds up in the current political and economic climate. The verdict? Intriguing analysis, but limited impact.

1 Helmi 201830min

Strange Fedfellows

Strange Fedfellows

It’s been 6 years since a member of the Federal Reserve improperly leaked information to an analyst. Kate & Luigi wonder what's really changed. Is the Fed still too cozy with big banks, the media and others with a financial stake in monetary policy?

18 Tammi 201827min

College: What is it Good For?

College: What is it Good For?

As college enrollment goes up, social mobility continues its 50-year decline. Luigi and Kate look for answers in the latest research on the role of higher education. Are today’s universities engines of social mobility or simply bastions of privilege?

4 Tammi 201827min

Mutual Understanding: Is Your 401k Working Against You?

Mutual Understanding: Is Your 401k Working Against You?

Luigi shops for an airline ticket and ponders how our retirement investments might be hurting our wallets. New research suggests that giant mutual funds with large stakes in the companies of one industry can lead to reduced competition and higher prices.

4 Tammi 201826min

Obama Wanted a Corporate Tax Cut Too

Obama Wanted a Corporate Tax Cut Too

The new U.S. tax reform bill includes a dramatic reduction in the corporate tax rate. Is this a hand-out to the rich or a necessary measure to spur the U.S. economy in the face of global competition? Luigi and Kate debate the pros and cons and break down the law’s impact on pass-through businesses.

4 Tammi 201829min

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