Nobel Laureate Michael Spence to Discuss AI and Global Economy in Bengaluru
Renowned Nobel Laureate Michael Spence will be speaking at Azim Premji University in Bengaluru on February 15, 2024. The event, part of the university’s public lecture series, will delve into the role of Artificial Intelligence (AI) in an uncertain world. With a focus on the impact of AI on the future of work and responsible data management, Spence’s insights are highly anticipated.
In an interaction with students and faculty at Bennett University, Spence lauded India for its impressive digital economy and finance architecture, which he considered to be the best in the world. He emphasized the significant changes taking place in the global economy and the shifting power dynamics towards the East. Spence highlighted the need for diversified supply chains and complex global governance in this context. Notably, he praised India’s leadership in developing inclusive digital services as a prime example of responsible utilization of technology.
Despite the challenges that lie ahead, Spence remains optimistic about enhancing human welfare through technological advancements. He shared his thoughts on the progress made in science and technology, highlighting breakthroughs in AI, biomedical sciences, and renewable energy. However, he stressed the crucial importance of keeping the human element at the forefront of these discussions.
As the world continues to navigate uncertainty, Michael Spence’s upcoming lecture in Bengaluru promises to shed light on the intricate relationship between AI, the global economy, and human welfare. His voice serves as a beacon of clarity and reason amidst the shifting sands of the global economic landscape.
For those unable to attend the event, rest assured that Spence’s words will resonate beyond the halls of Azim Premji University, sparking thought-provoking discussions and inspiring responsible action in the realm of AI and global economics.
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