3/15 (Sat.) A new look at the economics of AI (Host: Skyler)

[thomas]

The topic is designed to spark a comprehensive discussion about the role of AI in shaping global finance and economy. In section 1, a pro side is provided to emphasize the potential for AI to drive efficiency, improve financial inclusion, and reduce fraud, while the con side, in section2, states concerns like job displacement, inequality, and the risks of over-relying on automated systems without adequate human oversight. Please share your personal idea or experience after reading the following article.

https://mitsloan.mit.edu/ideas-made-to- ... onomics-ai
https://www.citizensbank.com/corporate- ... -2025.aspx


Section One: Pro Side

Q1: What role does AI play in improving financial inclusion and making financial services more accessible to underserved populations? Could AI help bridge gaps in access to financial resources for people without traditional banking infrastructure?

Q2: How does AI enhance the accuracy of economic forecasting and help businesses or governments make more informed decisions? How might this ability improve long-term financial planning and decision-making at both the corporate and governmental levels?

Q3: In what ways can AI assist in detecting and preventing financial fraud on a global scale? How could this increase trust in financial institutions?


Section Two: Con Side

Q6: How might AI-driven automation lead to job displacement in finance and other industries? What are the broader societal impacts of this trend on workers and their families?

Q7: What are the risks of AI creating or exacerbating financial inequality, particularly in developing economies? Could this result in increased economic inequality, where certain populations or countries benefit disproportionately from AI advancements?

Q8: How might over-reliance on AI in economic and financial decision-making reduce human oversight and accountability? How do we balance efficiency with human judgment in complex financial systems where risk and uncertainty are inherent?

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Agenda:
3:45 ~ 4:00pm Greetings & Free Talk / Ordering Beverage or Meal / Getting Newcomer’s Information
4:00 ~ 4:10pm Opening Remarks / Newcomer’s Self-introduction / Grouping
(Session I)
4:10 ~ 4:50pm Discussion Session (40 mins)
4:50 ~ 5:10pm Summarization (20 mins)
5:10 ~ 5:20pm Regrouping / Instruction Giving / Short Break (Intermission)
(Session II)
5:15 ~ 5:55pm Discussion Session (40 mins)
6:00 ~ 6:20pm Summarization (20 mins)
6:20 ~ 6:30pm Concluding Remarks / Announcements

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Meeting Date: As shown on the Subject Line
Meeting Time: 4:00pm – 6:30pm
Meeting Venue: 丹堤咖啡 Dante Coffee (Minimum Order $85)
Address: 台北市濟南路三段25號[MAP]-捷運忠孝新生站3號出口步行3分鐘

Important Notes:
1. We suggest that participants read the articles and think about the questions in advance.
2. Newcomers should prepare a two-to-three-minute self-introduction in English to deliver when called upon by the host before the start of the discussion.
3. We welcome newcomers and other guests to attend the meetings and join the discussion freely for three times. After that, we hope you will consider becoming a YoYo English Club member. We charge a NT$1000 lifetime membership fee, or NT$500 for students.

[Christine]

Bring the topic to the top.

[Laura]

Question of meeting is an open-book exam for me !

The challenge, thanks for inspiration from host.