Alumni

Presentation by Professor Michael Gibbs: Will we all be replaced by robots?

Chicago Booth Alumni Club of India

April 4, 2018: 6:00 PM - 8:30 PM

Join us for a presentation in New Delhi by Professor Michel Gibbs, based on his research on the labor market and the use of robots.

Where

UChicago Center in Delhi
DLF Capitol Point Building
Baba Kharak Singh Marg
New Delhi - 110001, India

Event Details

Will we all be replaced by robots?
Fears of automation are widespread and increasing, especially with recent gains by artificial intelligence [AI]. A recent study by Oxford University AI researchers predicts that over 50% of all jobs are a high risk of being eliminated (automated) in the next 10 years. Moreover, AI is making machines capable of performing certain types of work which are traditionally considered high-skilled, cognitive work.

Professor Gibbs discusses these issues. He provides some historical context on the effects of automation on the labor market. Drawing on his own research, he discusses how automation sometimes replaces people, but sometimes makes us more productive and valuable to employers. Finally, he discusses the likely effects of new developments in artificial intelligence on the labor market, job design, and the skills that will be most valued in modern economies.

Cost

No Charge

Registration

Register Online

Deadline: 4/4/2018

Speaker Profiles

Michael Gibbs (Speaker)
Clinical Professor of Economics, Chicago Booth

Michael Gibbs studies the economics of human resources and organizational design. He is co-author (with Edward Lazear) of the leading textbook in the field, Personnel Economics in Practice. The 3rd edition was published in 2014. It has been translated into Japanese, Korean, Bulgarian and Spanish, and a Chinese edition is forthcoming. Gibbs's research has been published in the Quarterly Journal of Economics, Review of Economics & Statistics, Industrial & Labor Relations Review, Accounting Review, and other journals. Professor Gibbs is a Research Fellow of the Center for the Study of Labor (IZA) and the Institute for Compensation Studies. From 2012-2015, he was Faculty Director of Booth's Executive MBA program.

In 2007 Gibbs received the Notable Contribution to Management Accounting Literature from the American Accounting Association. He has received three Hillel Einhorn Excellence in Teaching Awards.

Gibbs earned an AB, AM and PhD in economics, all from the University of Chicago.

Questions

Akshay Sethi, ’07