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Kenan Institute 2024 Grand Challenge: Business Resilience
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Market-Based Solutions to Vital Economic Issues

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The New York Times examines the views of David Autor, Ford Professor of Economics at MIT and a 2024 Kenan Institute Distinguished Fellow, on artificial intelligence and potential benefits for the middle class.

Business Resilience

The growth of the venture capital market should not blind one to its limitations as an engine of innovation. Kenan Institute Distinguished Fellow Josh Lerner lays out three areas of concern worthy of more research.

For small businesses, AI promises to handle financial and operational tasks, freeing up workers for other duties and creating new efficiencies. We offer seven focal points for small businesses planning for AI integration.

As healthcare costs continue to rise, many Americans are looking to artificial intelligence to provide cost-reducing solutions. At the 13th annual UNC Business of Healthcare Conference, a panel of experts separated the AI hype from reality in a discussion of the limitations, risks and ethical questions surrounding AI solutions in healthcare.

The advent of artificial intelligence (AI) tools necessitates the development of human skills that allow workers to use these new technologies to create value that AI tools cannot on their own.

This paper explores the ups and downs of innovation and productivity growth in the US economy and potential connections to the ups and downs of business dynamism and entrepreneurship over the last few decades.

We examine a perplexing phenomenon wherein technological innovations induce short-term contractions, using a two-sector New-Keynesian model. Pivotal to explaining the evidence are sticky prices, which alter the cyclicality of relative prices, impacting production during innovative phases.

UNC Professor Mohammad Jarrahi and IBM’s Phaedra Boinodiris address concerns about organizational adoption of artificial intelligence and how to include employees in important discussions, such as ethical considerations and potential job-related changes.

Mohammad Hossein Jarrahi of the UNC School of Information and Library Science explores the competitive and cooperative skills that organizations will seek in both their employees and their artificial intelligence systems for Harvard Business Review.

ChatGPT and other generative AI programs can replicate much of the work performed across the knowledge worker class. This gives us a glimpse of what ever-more-powerful AI tools might be able to do, which is both exciting and, to say the least, unsettling.

A panel of industry and academic leaders discusses what ever-more-powerful generative artificial intelligence tools might be able to do.

Faced with demand uncertainty and heterogeneity in a nascent industry, entrants often consider how many customer segments to serve by tailoring the usage breadth of their product portfolios. Portfolio usage breadth is the extent to which products in a portfolio collectively span distinct customer segments. We suggest that when entrants have use experience in contexts that are potential users of the new product, their portfolios exhibit low usage breadth, due to demand-oriented cognition and knowledge.