Anton Korinek is a Professor in the Department of Economics and at the Darden School of Business at the University of Virginia as well as a David M. Rubenstein Fellow at the Brookings Institution. His current research and teaching analyze the implications of Artificial Intelligence for business, for the economy, and for the future of society. He is also a Research Associate at the NBER, at the CEPR and at the Oxford Centre for the Governance of AI, and he is an editor of the Oxford Handbook of AI Governance.

Professor Korinek’s research focuses on how to make markets work for society. He investigated the mechanics of financial crises and developed policy measures to prevent future crises as well as an influential framework for capital flow regulation in emerging economies. He also studied under what conditions it is advisable for countries to coordinate their policy actions. In his work on Artificial Intelligence, he analyzes how to align the development of AI with society’s values. His research has been published in top journals including the American Economic Review, the Review of Economic Studies, the Journal of Econometrics, the Journal of Monetary Economics, the Journal of International Economics and the Journal of Public Economics. It has also been cited on Bloomberg, in The Economist and in The Wall Street Journal. He has won several fellowships and awards for this work, including from the Institute for New Economic Thinking., the Effective Altruism Long-term Future Fund and the Hewlett Foundation.

Anton Korinek studied economics, math and law at the University of Vienna and worked for several years at the intersection of IT and finance. After earning his Ph.D. in economics from Columbia University in 2007, he held positions at the University of Maryland and Johns Hopkins University and was a visiting scholar at Harvard University, the Bank for International Settlements, the International Monetary Fund, the World Bank, as well as a frequent visitor to numerous central banks, where he has given lectures and courses.

By this expert

Neural Network Effects: Scaling and Market Structure in Artificial Intelligence

Article | Oct 21, 2024

As artificial intelligence reshapes our economy, policymakers must act swiftly to prevent a winner-take-all scenario in the rapidly evolving market for AI foundation models.

Concentrating Intelligence: Scaling and Market Structure in Artificial Intelligence

Paper Working Paper | | Oct 2024

The decisions we make now about the governance of AI will have profound implications for the future of our economy and society.

The Economics of the 2021 American Rescue Plan

Article | Mar 18, 2021

How to Get Relief to Those Who Need It. Gosia Glinska in Conversation with Anton Korinek

Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few

Article | Feb 18, 2021

Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development

Featuring this expert

Joseph Stiglitz and Anton Korinek’s INET-funded research is cited in the NY Times

News May 5, 2021

“In their December 2017 paper, “Artificial intelligence, worker-replacing technological progress and income distribution,” the economists Anton Korinek, of the University of Virginia, and Joseph E. Stiglitz, of Columbia — describe the potential of artificial intelligence to create a high-tech dystopian future. Korinek and Stiglitz argue that without radical reform of tax and redistribution politics, a “Malthusian destiny” of widespread technological unemployment and poverty may ensue.” — Thomas B. Edsall, New York Times

The Future of Work | What is Technology? Accelerator, Enabler, or Displacer?

moderated by Katya Klinova with Long Chen, Anton Korinek and John Van Reenen

Event Webinar | Sep 29, 2020

Human societies have always coevolved with technology, but how can we think of technology? Is it an external force outside our control, or do we have a say in its direction, development and deployment?

Are We Ready to Give Up Autonomy to AI?

Video | Jul 24, 2019

Artificial intelligence promises to make our lives easier. But is the cost losing some of our humanity?

How do we prevent future financial crisis in emerging markets?

Video | Apr 12, 2016

Should policymakers rely on domestic macroprudential regulation in their quest for greater financial stability?