Multimodal
March 21, 2024

Our Founder to Speak @ GCEPS’ Esteemed Spring Symposium 2024

Discover how our founder, Ankur Patel, contributes to important discussions on AI's economic implications at Princeton's GCEPS Spring Symposium 2024.
Our Founder to Speak @ GCEPS’ Esteemed Spring Symposium 2024

We're excited to announce that our founder, Ankur Patel, has been invited to speak at the Griswold Center for Economic Policy Studies (GCEPS) Spring Symposium 2024 at Princeton University. 

This invitation-only event is recognized for its prestige and will gather leading economics, policy, and technology experts to discuss the economic implications of Artificial Intelligence (AI). 

Ankur's participation highlights his personal and our company’s significant contributions to the AI field and positions him among the foremost voices in the conversation on AI's role in shaping the global economy.

Key Takeaways

  • Our founder is set to share his AI expertise at Princeton University's prestigious GCEPS Spring Symposium 2024, focusing on AI's economic impact.
  • The symposium will explore AI's transformative effects on the global economy, featuring insights from leading economics, policy, and technology experts.
  • Discussions will address AI's potential to drive economic growth, innovate job markets, and tackle societal challenges.

Princeton’s GCEPS

The Griswold Center for Economic Policy Studies (GCEPS) at Princeton University, established by Alan S. Blinder in 1989, is dedicated to supporting policy-related research in economics and fostering dialogue among academics, business leaders, and policymakers. 

It emphasizes rigorous research on key economic policy areas such as debt, monetary policy, trade, job security, tax, healthcare, and financial regulation. Through its visiting scholars program, public talks, and research funding, GCEPS aims to influence economic policy. 

The center also hosts forums and symposia, like The Spring Symposium, to which we have been invited, connecting experts to discuss and share insights on economic and financial policy issues.

The Spring Symposium 

Scheduled for April 26-27, 2024, the Spring Symposium is an invitation-only gathering that attracts the brightest minds in economics, policy, and technology. 

The symposium’s theme, "The Economic Implications of AI," highlights the urgency and importance of understanding how AI is reshaping the landscape of global economies, labor markets, and industrial practices.

Economic Perspectives From Prominent Figures

David Autor will lay the foundation for the symposium with his opening keynote, leveraging his extensive expertise as the Ford Professor of Economics at MIT. 

Following him, Jan Hatzius, Chief Economist and Head of Global Investment Research at Goldman Sachs, will provide an economic outlook and insights into the financial sector. 

The event will conclude with Hal Varian, Chief Economist at Google and Emeritus Professor at UC Berkeley, delivering the closing keynote.

Panel of Experts

Ankur will be among esteemed peers during a panel discussion moderated by Sylvain Chassang, Professor of Economics at Princeton University. Each panelist will give a 10-minute presentation and participate in a Q&A session.

Besides Ankur, panelists include Kay Firth-Butterfield, CEO of Good Tech Advisory and Senior Research Fellow at the University of Texas, Austin, and Elad Hazan, Professor of Computer Science at Princeton University and Co-founder and Director of Google AI Princeton. 

This lineup of experts will share their deep knowledge, highlighting the multilayered impacts of AI on economic policies, practices, and projections.

Ankur Patel Is a Leading Voice in AI

Ankur, our founder and CEO, is a Princeton alumnus, bringing his journey full circle as he returns to speak at the prestigious GCEP’s 2024 Spring Symposium on AI’s effect on the global economy. 

His career spans founding successful AI startups like Glean AI and R-Squared Macro, with extensive involvement in natural language processing, unsupervised learning, data science, and finance. His achievements include leading roles at Bridgewater Associates and directing data science efforts at ThetaRay in NYC. 

Ankur's participation at the symposium further emphasizes his pivotal role in advancing discussions on AI’s economic implications, which is supported by his visionary leadership and deep industry insights and experience.

He is also an accomplished author, with two books on AI published by O'Reilly Media: "Applied Natural Language Processing in the Enterprise" and "Hands-on Unsupervised Learning Using Python." 

two book covers, Hands-On Unsupervised Learning Using Python and Applied Natural Language Processing in the Enterprise
Ankur's Books

His commitment to sharing knowledge extends to teaching at the Open Data Science Conference (ODSC) and speaking at various industry events on applying AI in business

Multimodal, his third startup, benefits from his decade-long journey in machine learning with a focus on the practical application of AI to solve real-world business challenges.

At the prestigious GCEPS 2024 Spring Symposium, Ankur will share insights on how AI could reshape office work – especially repetitive tasks – and its broader economic impact. He will explore the changing nature of work and its impact on primarily advanced economies, offering perspectives based on his extensive experience and innovative leadership.

Image of Ankur Patel
Ankur Patel, CEO of Multimodal

Why This Matters for Businesses

This symposium presents an opportunity to get insights from the forefront of AI research and application. Understanding the economic implications of AI is essential for navigating the evolving market dynamics, fostering innovation, and identifying new growth avenues. 

We expect the discussions at the symposium to provide valuable perspectives on:

  • Using AI for strategic advantage
  • Overcoming AI integration challenges
  • Achieving pragmatic outcomes that AI offers
  • Enhancing societal well-being

The Economic Implications of AI

Artificial Intelligence has become a global phenomenon; an innovation that surpasses geographical boundaries. Its implementation in all areas of our lives will introduce new markets, new jobs, different education, and skill training, breaking away from traditional paradigms.

Beyond the fascinating applications and boundless possibilities that Artificial Intelligence offers, many wonder about AI's economic footprint. Predictive algorithms, Generative AI, and advanced image recognition, for example, redefine efficacy across the board. 

Infographic with 8 listed applications of AI: fraud detection, personalized banking services, self-driving cars, healthcare diagnostics and personalized treatment, manufacturing, generating text, images and coding, A customer service, face, voice and biometric authentication
Generative AI Applications

Thinking about how Artificial Intelligence boosts productivity and changes jobs opens up a lot of tough questions. While it's clear that AI can make us more productive, the way it is starting to shape jobs and the economy needs a closer look. 

The question of AI’s role in boosting global economies, creating jobs, changing labor demand, and introducing challenges like wealth inequality and job displacement is what motivates the discourse in symposiums like this one. They serve as a platform for addressing these issues, aiming to explore new markets and job profiles influenced by AI. 

A Blueprint for AI Adoption

We will show how the strategic deployment of these technologies can significantly boost your business rather than hinder its progress. Our goal is to turn the conversation towards AI's vast benefits and transformative potential in the business landscape. 

Business leaders, academia, and policymakers share a common goal—a unified blueprint for AI adoption that harmonizes technological innovation with societal welfare.

Showcasing Our Forward-Thinking Strategy

The Spring Symposium 2024 theme drives an expansive and inclusive narrative. It goes beyond business and economics, touching on how society is intertwined with the rise of AI. This is an opportunity for us to show that we are not just an observer but an experienced participant as well. 

While acknowledging AI's economic implications is crucial, our focus at the symposium and as a company is on assisting businesses through this transition. 

Image quote saying that Generative AI is the future and holds immense benefits for companies willing to adapt
Embracing Innovation

By discussing AI's role in boosting productivity, creating jobs, and shaping industries, we aim to prepare businesses for the changes ahead. Our strategy emphasizes the need for a good strategy for AI adoption that aligns technological advances with business growth, ensuring companies are well-equipped for this inevitable shift.

Thank You for the Invitation

We thank Princeton University’s Griswold Center for Economic Policy Studies (GCEPS) for the invitation. We are honored to be recognized for our impact on the AI space and its economic implications.

Connect With a Trusted Partner

As we anticipate the discussions and insights that will emerge from the GCEPS 2024 Spring Symposium, we invite business leaders seeking to harness the power of AI to connect with us. 

Book a free 30-minute consultation with our experts today and see how our AI Agents work in action.

Join us in shaping the future with customized AI solutions guided by a partner trusted by industry leaders and academic pioneers alike.

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