BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//jEvents 2.0 for Joomla//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:58854a9bbd607153474b0ed83046d68f
CATEGORIES:Seminars
CREATED:20241125T131747
SUMMARY:Lunch Seminar: Sergio Rebelo - Northwestern University
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nRegulating Artificial Intelligence\n\n\nAbstract:\nRecent AI advancemen
 ts promise substantial benefits but also pose significant societal risks. W
 e show that an unregulated equilibrium is unlikely to mitigate these risks 
 in a socially optimal way. Our analysis evaluates different regulatory appr
 oaches to AI, taking into account the presence of uncertainty and disagreem
 ent about the likelihood of misalignments that can generate societal costs.
  We characterize the Pigouvian taxes that deliver the efficient allocation.
  Our analysis emphasizes the practical difficulties of implementing these t
 axes when developers are protected by limited liability or when they hold d
 ifferent beliefs from the rest of society. We study the optimal time-consis
 tent combination of testing and regulatory approval. While this policy does
  not guarantee efficient use of resources, it enables society to harness AI
 's benefits while mitigating its risks.\n
DTSTAMP:20260415T001405Z
DTSTART:20250115T130000Z
DTEND:20250115T140000Z
SEQUENCE:0
TRANSP:OPAQUE
END:VEVENT
END:VCALENDAR