Algorithmic Rents Research Showcase
12 October 2023, 10:30 am–12:30 pm
IIPP hosted a research showcase in conversation with Mariana Mazzucato, Tim O’Reilly and Ilan Strauss on Algorithmic Rents.
Event Information
Open to
- All
Organiser
-
UCL Institute for Innovation and Public Purpose and Council on Urban Initiatives
Date: 12 October 2023
Time: 10:30 - 12:30 pm (BST) UK Time
Download the showcase presentation slides
Meet the panel:
- Mariana Mazzucato | Professor in the Economics of Innovation & Public Value and Founding Director, UCL Institute for Innovation and Public Purpose
- Tim O'Reilly | Founder, CEO, and Chairman of O’Reilly Media and Visiting Professor of Practice, UCL Institute for Innovation and Public Purpose
- Ilan Strauss | Senior Research Associate, UCL Institute for Innovation and Public Purpose
Agenda:
- 10:30am – Welcome & Framing of Digital Rents on Platforms (Prof. Mariana Mazzucato)
- 10:50am [PAPER 1] – Algorithmic Attention Rents (Mr. Tim O'Reilly)
- 11:30am [PAPER 2] – Advertising as Attention Rent & Market Power on Amazon (Dr. Ilan Strauss)
- 12:10pm [PAPER 3] – Big Data Evidence on Amazon's Ability to Allocate Clicks (Mr. Rufus Rock)
- 12:30pm – Closing Remarks
Read more about our research on digital economy and algorithmic rents on our research page.
About the Speakers
Professor Mariana Mazzucato
Founding Director and Professor in the Economics of Innovation & Public Value at UCL Institute for Innovation and Public Purpose
She is the author of four highly-acclaimed books: The Entrepreneurial State: debunking public vs. private sector myths (2013) which investigates the critical role the state plays in driving growth; The Value of Everything: making and taking in the global economy (2018) which looks at how value creation needs to be rewarded over value extraction; Mission Economy: a moonshot guide to changing capitalism (2021) rethinks the capacity and role of government within the economy and society; and most recently The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies (2023).
She advises policy makers around the world on innovation-led inclusive and sustainable growth. Her current roles include being Chair of the World Health Organization’s Council on the Economics of Health for All, Co-Chair of the Global Commission on the Economics of Water, Co-Chair on the Council on Urban Initiatives, member of the South African President’s Economic Advisory Council, the UN High Level Advisory Board for Economic and Social Affairs, the European Space Agency’s High-Level Advisory Group on Human and Robotic Space Exploration for Europe, Argentina’s Economic and Social Council and Vinnova’s Advisory Panel in Sweden and the OECD High-Level Advisory Panel on Climate and Economic Resilience. Previously, through her role as Special Advisor for the EC Commissioner for Research, Science and Innovation (2017-2019), she authored the high-impact report on Mission-Oriented Research and Innovation in the European Union, turning “missions” into a crucial new instrument in the European Commission’s Horizon innovation programme, and more recently, authored a report with the UN’s Economic Commission for Latin America and the Caribbean (ECLAC) on Transformational Change in Latin America and the Caribbean: A mission-oriented approach.
More about Professor Mariana MazzucatoTim O'Reilly
Visiting Professor of Practice at UCL Institute for Innovation and Public Purpose
Dr Ilan Strauss
Senior Research Associate at UCL Institute for Innovation and Public Purpose
Ilan is a Senior Research Associate in the Office of the SARChI Chair in Industrial Development, University ofJohannesburg (South Africa). Previously, he taught macroeconomics at Rice University (Jones Graduate School of Business) and at New York University (Division of Applied Undergraduate Studies). Ilan has consulted for Airfinity (London), UNCTAD (Investment Division), the African Development Bank (AfDB), UNIDO, the ILO, and the Southern African Development Community (SADC).
Ilan holds a Ph.D in economics from the New School for Social Research (New York) and an MSc in economics from SOAS (University of London, First Class). For recent information see: www.ilan-strauss.org