Frontiers of AI in Business and Society

MAY 10, 2024

The University of Illinois Chicago

 News

About

Advancements in AI methodologies have accelerated exponentially in recent years, and their applications in business and societal domains have become ubiquitous. On the one hand, this presents significant opportunities for using these tools to address hard societal and business challenges. Examples include advancements in medical diagnostics and personalized healthcare, efficiently learning diverse consumer preferences, building more resilient supply chains, building environmentally sustainable business operations, and improving the allocation of societal resources to address problems such as crime and poverty. 

On the other hand, the use of AI methodologies in such societal domains has raised several ethical and trust-related concerns and challenges requiring urgent policy design. For example, AI may exacerbate existing societal inequities by introducing large disparities in the allocation of the costs and benefits of AI deployments across population groups, with outcomes favoring one group over another. The black-box nature of AI methodologies may lead to unintended and harmful consequences and make them susceptible to malicious manipulation of their outcomes by strategic stakeholders. Furthermore, the concentration of data and AI prowesses in the industry raises concerns of misalignment between the firms' objectives for AI deployments and societal welfare.  

This workshop aims to bring together experts and practitioners from various relevant disciplines to carve an interdisciplinary research agenda for (a) developing impactful yet responsible AI solutions in societal and business domains and (b) designing policy frameworks for addressing concerns arising from the use of AI in such domains.

Speakers

Sheldon Jacobson

Founder Professor of Computer Science

UIUC

David Jurgens

Associate Professor of Information Science

University of Michigan

Louise Keely

Advanced Analytics and Strategy Leader and Partner

Bain & Company

Anjana Susarla

Omura-Saxena Professor in Responsible AI

Michigan State University

Sebastian Martin

Assistant Professor

Kellogg School of Management at Northwestern University

Moontae Lee

Assistant Professor of Information and Decision Sciences

UIC

Brad Sturt

Assistant Professor of Information and Decision Sciences

UIC

Lajanugan Logeswaran

Senior Research Scientist

LG AI Research

Industry Panel

Mary Purk 

Managing Director

AI @ Wharton

Pat Sullivan

Global Digital Engineering Lead and Principal

Ernst & Young

Louise Keely

Advanced Analytics and Strategy Leader and Partner

Bain & Company

Robert Blackwell Jr. 

Founder and Chairman

Quant16

Sponsors

 Organization

The workshop is organized by the Information and Decision Sciences (IDS) Department of the University of Illinois Chicago (UIC), with support from the College of Business Administration (CBA) of UIC.

Organizing committee:

Vijay Kamble (chair)

Yingda Lu (chair)

Moontae Lee

Bradley Sturt


For inquiries or questions, please email the organizers at:

kamble@uic.edu