Monday, August 13, 2018

update founding members of LUOHAN

he Luohan Academy’s current academic committee members include Nobel Prize laureates and prominent scholars around the world:
  • Patrick Bolton, Barbara and David Zalaznick Professor of Business, Columbia Business School
  • Markus Brunnermeier, Edwards S. Sanford Professor of Economics, Princeton University
  • Bengt Holmstrom, 2016 Nobel Laureate, Paul A. Samuelson Professor of Economics, MIT
  • Lars Peter Hansen, 2013 Nobel Laureate, David Rockefeller Distinguished Service Professor in Economics, Statistics, Booth School of Business & The College, University of Chicago
  • Preston McAfee, Most Recently Served as Chief Economist and Corp VP at Microsoft
  • Christopher Pissarides, 2010 Nobel Laureate, Regius Professor of Economics, LSE
  • Yingyi Qian, Distinguished Professor and Dean of School of Economics and Management, Tsinghua University
  • Alvin Roth, 2012 Nobel Laureate, The Craig and Susan McCaw Professor of Economics, Stanford University
  • Thomas Sargent, 2011 Nobel Laureate, W.R. Berkley Professor of Economics and Business, New York University
  • Michael Spence, 2001 Nobel Laureate, William R. Berkley Professor in Economics & Business, NYU Stern
  • Steve Tadelis, Professor of Economics, Business and Public Policy, Haas School of Business, UC Berkeley
  • Neng Wang, Chong Khoon Lin Professor of Real Estate & Professor of Finance, Columbia Business School
  • Shangjin Wei, Professor of Finance and Economics, Professor of International Affairs, and N.T. Wang Professor of Chinese Business and Economy, Columbia University
  • Wei Xiong, Trumbull-Adams Professor of Finance, Princeton University
  • Chenggang Xu, Quoin Professor in Economic Development, University of Hong Kong, Professor of Economics, Cheung Kong Graduate School of Business

dear friiends at BRAC you may want to wechat/whatsapp with ying about this- for example are they interested in sharing the 300 trillion dollar sdg challenge that ,mark introduced concurrently with head of un general assembly and to brac/ with bangladesh a potential lead solution  sdg zone - can this news be circulated to various parts of brac including brac uni and bkash

For me the fact that ying lowrey currently is both in with aliresearch team at alibaba in hangzhou and with relevant people and brilliant  youth learners movements out of tsinghua is unique opportunity to ask her questions as well as to build knowledge exchanges; in fact as her first book was foreworded by the only us nobel economics laureate of sme value chains (phelps at columbia) i have to assume he helped connect this new academy; this come 2 weeks after Guterres asked jack and melinda gates to lead a team updating all tech practice possibilities by march 2019 ahead of beijing biggest yet summit on new development banking and trading partnerships across world's geographical corridors (where the sino-bangladesh-s asia corridor remains where over 3 billion people's sustainability needs to be mapped)

thanks chris

Patrick Bolton, Barbara and David Zalaznick professor of business, Columbia Business School, Markus Brunnermeier, Edwards S. Sanford professor of economics, Princeton University, Bengt Holmstrom, 2016 Nobel Laureate, among others.

During the first conference held in Hangzhou this week, the committee of the Luohan Academy convened and signed the mission statement. The Louhan Academy aims to get societies well-prepared for the unprecedented structural transformation brought by advanced technologies, such big data, machine learning, artificial intelligence and robotics. It will study the coming digital revolution to benefit societies and individuals both domestically and internationally.

As a member of the academic committee of Luohan Academy, Markus Brunnermeier, Edwards S. Sanford Professor of Economics, Princeton University commented, "I think we live through a big watershed moment, we see big technological changes happening. We have to think about how our society will deal with these changes and find different ways to regulate the economy. We need to think carefully about how to use insights from tech and social sciences in order to achieve better outcome for humanity. We should not say no to new opportunities simply because they come with challenges."

Alibaba Group this week formed the Luohan Academy, a global research program that aims to address the emerging economic consequences and social disruptions of a digital economy.
“Luohan” is a Buddhist term for “perfected beings,” or “those who have achieved nirvana.” In the Chinese language, it is often used to describe “those with extraordinary skills and talent.”
True to its moniker, the academy has attracted a lineup of 15 of the world’s leading thinkers and researchers. They include six Nobel Laureates, as well as renowned economists, social scientists, tech pioneers and professors from prestigious higher learning institutes, such as Harvard University, Princeton University, the University of California, Berkeley, Columbia University, Massachusetts Institute of Technology, New York University and China’s Tsinghua University.
At the academy’s launch event, Alibaba Executive Chairman and founder Jack Ma said Alibaba has the “responsibility to use our resources, technology, people and everything we have to help the world embrace the change and solve the challenges.”
“If we don’t pay attention to the technology revolution, it will cause a social revolution, especially that this technology is coming in a such huge wave that is changing every aspect of human lives,” he said to the researchers at a private meeting held at Alibaba’s global headquarters in Hangzhou.
Ma, an English teacher turned entrepreneur, has maintained a lifelong passion for education, innovation, problem solving and working with individuals who share the same passion. In fact, the 18 original partners who created Alibaba with Ma nearly 19 years ago are known as the 18 luohans.
WATCH: Jack Ma speaks with Luohan Academy researchers  

The launch of the Academy follows the establishment of another global research program—the DAMO Academy—in October last year.  While DAMO focuses on the developing the most cutting-edge technologies such as machine learning, robotics, cloud computing, and artificial intelligence to fulfill Alibaba’s commitment to serve two billion customers and create 100 million jobs in 20 years, Luohan’s purpose is to study the implications of such technology advancement and “build an inclusive community for systemic and in-depth research,” the company said.
The academy also seeks to discuss questions such as how societies can harness the power of technology while ensuring a fair distribution of power, what the future of work and leisure are, what the appropriate regulations and politics to foster fair competition without impeding innovation are and how digital technology can contribute to a greener planet.
“We are living through a big watershed moment. We see big technological changes happening. We have to think about how our society will deal with these changes…how to use insights from tech and social science in order to achieve better outcome for humanity,” said Markus Brunnermeier, an economics professor at Princeton University.
The academy, headed by former head of strategy at Alibaba’s fintech arm, Ant Financial, Dr. Chen Long, will hold regular meetings and recruit additional researchers with different backgrounds to expand the academy’s scope.
During a two-day workshop, the academy’s committee discussed the potential negative impacts that digital technology has on the economy, job replacements, platform governance, the future financial infrastructure, as well as hot topics, such as privacy protection and how to keep the use of data in check. The Academy will produce an annual white paper to present its findings.
“New technologies are revolutionizing economic growth. New platforms keep emerging with innovative operating models. This completely overhauls our understanding on corporations,” said Wei Xiong, a professor of finance at Princeton University.
“As many platform companies are cross-industry, which is a challenge for regulations and laws to keep up, this makes it a long-standing issue in the future,” he added.

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