Digital technology is disruptive, and it is not sparing economics from that disruption. What are the challenges facing economics and economists in the post-financial crisis, post-pandemic, world as they respond to fundamental structural changes.
Digital technology, big data, big tech, machine learning, and AI are revolutionising both the tools of economics and the phenomena it seeks to measure, understand, and shape.
In this talk Diane Coyle, Author of Cogs and Monsters, and Professor Ian Goldin, Director of the Oxford Martin Programme on Technological and Economic Change, will explore the enormous problems - but also opportunities - facing economics today if it is to respond effectively to these dizzying changes and help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency.
Diane Coyle is the Bennett Professor of Public Policy at the University of Cambridge. Her books include GDP: A Brief but Affectionate History, The Economics of Enough: How to Run the Economy as If the Future Matters, and The Soulful Science: What Economists Really Do and Why It Matters (all Princeton). She lives in London. Twitter @DianeCoyle1859