Rotman School of Management, University of Toronto

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Joshua Gans on "Innovation + Equality: How to Create a Future That Is More Star Trek Than Terminator"

4:15-4:59pm check-in; 5:00pm sharp to 6:00pm book talk; 6:00-7:00pm book sale, signing & drinks reception

Event Details

Speaker Series

Date: Monday October 28, 2019 | 05:00 PM - 07:00 PM
Speaker(s): Joshua Gans, Jeffrey S. Skoll Chair of Technological Innovation and Entrepreneurship, Professor of Strategic Management and Chief Economist - Creative Destruction Lab, Rotman School of Management, University of Toronto; Author
Topic: "Innovation + Equality: How to Create a Future That Is More Star Trek Than Terminator" (by J. Gans & A. Leigh, MIT Press, Oct. 4, 2019)
Venue: Desautels Hall (Second Floor, South Building) | map
Rotman School of Management, U of Toronto,
105 St George Street
Location: Toronto
Cost: $36.00 plus HST per person (includes 1 signed hardcover copy of "Innovation + Equality", 1 seat for the book talk & drinks reception)
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Book Synopsis: Is economic inequality the price we pay for innovation? The amazing technological advances of the last two decades—in such areas as artificial intelligence, genetics and materials — have benefited society collectively and rewarded innovators handsomely: we get cool smartphones and technology moguls become billionaires. This contributes to a growing wealth gap: in the United States, the wealth controlled by the top 0.1 percent of households equals that of the bottom ninety percent.  Is this the inevitable cost of an innovation-driven economy? Economists Joshua Gans and Andrew Leigh make the case that pursuing innovation does not mean giving up on equality. Precisely the opposite. In this book they outline ways that society can become both more entrepreneurial and more egalitarian. All innovation entails uncertainty; there’s no way to predict what new technologies will catch on. Therefore, Gans and Leigh argue, rather than betting on the future of particular professions, we should consider policies that embrace uncertainty and insure people against unfavorable outcomes. To this end, they suggest policies that promote both innovation and equality. If we encourage innovation in the right way, our future can look more like the cheerful techno-utopia of Star Trek than the dark techno-dystopia of Terminator. This book is about how to get more innovation and more equality.  Its foreword was written by Lawrence H. Summers.

QUESTIONS:, Megan Murphy, (416) 978-6122

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