Experience Stern | News & Events

Excerpt from Working Capital Review -- "'These are the four verticals of AI. In each of these verticals, we have a race between the US and China and at least in on two of these verticals, China’s clearly ahead of the US in AI implementation – the first of which is consumer AI and the second of which is the perception AI. I think the third vertical the business AI, we are ahead of them mostly because we have a lot of really high quality unstructured data. In the fourth vertical the autonomous AI. It’s a neck and neck race right now brewing between, the Googles and Teslas with self-driving cars and they’re on counterparts in China.'"

Excerpt from CGTN -- “'This whole kind of…fantasy about ‘we’ and ‘community’…it was just thrown in their faces. People have a sense of fairness: if the CEO suffers together with them, you know we all went under, you know you stuck with the troops, we all went under. He didn’t stick with the troops.'”

Excerpt from Business Insider -- "The Indian government has chosen to focus on ideological considerations rather than economic slowdown, American economist Nouriel Roubini said on Thursday."

Excerpt from Project Syndicate -- "As the recent global surge of reports on competition policy and digital regulation suggests, the search for possible answers is underway. Unfortunately, academic economics is behind the curve. As Thomas Philippon remarks in his excellent recent book The Great Reversal, in studying the growing dysfunction of the American economy, 'I was surprised by the gap between economic research and policy.'"

Excerpt from TechPolicy.com -- "Many online platform companies –Google and Facebook are examined in Professors Economides and Lianos’ article—utilize a requirement provision in the boiler plate contract with their users that allows the company to collect personal information from each user without compensation. In exchange, the user has access to the services provided by these companies. However, users have no option other than to allow access to their personal data if they want to use the services offered."

Excerpt from LA Times -- "Scott Galloway is a marketing professor at New York University with serious chops in the business world, and serious insights into how Big Tech has maneuvered itself into positions of invulnerability in this culture. He has some ideas about how California’s new laws will fare against the power of the mega-companies of Silicon Valley."

Excerpt from The Wall Street Journal -- "Racial quotas on immigration from southern and eastern Europe in the 1920s left the U.S. with about 1,200 fewer scientists than if the quotas had never existed, conclude Petra Moser and Shmuel San of New York University."
 

Excerpt from Global Finance Magazine -- “'Cryptocurrency innovations—if they really are advantageous—are likely to be nationalized at some point as an exercise of national sovereignty,' Richard Sylla, Professor Emeritus of Economics at New York University Stern School of Business told Global Finance."
 

Excerpt from The Atlantic -- "Jonathan Haidt and Greg Lukianoff’s book, The Coddling of the American Mind, warns of the consequences of industries becoming too politically homogeneous: If the police service is full of instinctive authoritarians and academia the exclusive home of liberals, both are likely to become more extreme."

Excerpt from Woman's World -- "Once you’ve allowed yourself breaks from your devices, it is possible to reintegrate them into your life in healthier ways, promises technology expert Adam Alter, Ph.D., who notes that the average person checks her email about 15 times per day, ratcheting up anxiety with every click. The tension-taming solution: 'Just check your personal email three times per day, say, 9 am, 12 pm and 4 pm,' he suggests."
 

Excerpt from Seeking Alpha -- "NYU Stern Finance Professor Edward Altman came up with the Altman Z-score in 1967. Altman himself concluded the Z-score had an accuracy between 82% and 94% in predicting bankruptcy."

Excerpt from NBC News -- "Facebook’s introduction of its Libra cryptocurrency platform is a shot across the bow to gatekeepers of traditional financial and currency systems that will continue to reverberate, said Lawrence White, an economics professor at New York University's Stern School of Business."

Excerpt from Yahoo! News -- "'The Sanders-Biden dustup is a good illustration that you don't even need to have a full-fledged deepfake in order to potentially cause disruption or raise questions and so forth because you can use much cruder methods to distort video evidence,' Paul Barrett, NYU Stern Center for Business and Human Rights deputy director and author of its recent report on disinformation and the 2020 presidential race, told Yahoo News."

Excerpt from Adweek -- "This new year may be the year voice shopping finally takes off in the U.S. That’s according to Anindya Ghose, professor of business at New York University’s Stern School of Business, who said one of the biggest retail trends in 2020 will be voice-enabled commerce. In November 2019, Ghose published a research paper on this topic, which found voice-activated shopping devices like Amazon’s Echo and Alibaba’s Tmall Genie are gaining popularity as a new channel for shopping."

Excerpt from CNBC -- "'The business is largely dependent on who's funding and who's in power rather than the fundamentals itself, therefore as long as this administration is willing to fund them, they're going to be doing reasonably well.'"

Excerpt from CNN Business -- "'The 2010s introduced us to the smart phone and the 2020s will be the beginning of the end of this product that we all hold so dear."
 

Excerpt from Business Today -- "What about the new ways of doing business that the companies are adopting and the new kinds of work that is getting created as a result? Arun Sundararajan, professor at New Yorks NYU Stern School of Business and author of the book 'The Sharing Economy- The End of Employment and the Rise of Crowd-Based Capitalism', says, 'Full-time employment is still an excellent work arrangement in many contexts, and I expect it will continue to be a dominant work arrangement for many years. Thus, the core group of an organisation will not shrink excessively.'"

Excerpt from Quartz -- “'Other countries in the world have contemplated one-stop shops like WeChat but they have realised that consumers (there) do not have (the) same incentives to break old habits and adopt new ones as we saw in China. The digital (and) social experience in the West is much more fragmented,' said Anindya Ghose, a professor of technology, operations, statistics and marketing at New York University’s Stern School of Business."

Excerpt from The Washington Post -- “'Age-based prejudice is the last acceptable form of prejudice,' says New York University’s Michael North, who studies ageism in the workplace. 'People are making age-based generalizations and stereotypes that you wouldn’t be able to get away with about race or background. Insert some sort of racial or ethnic group, or ‘OK Woman,’ and it wouldn’t go over too well.'”

Excerpt from Forbes -- "The main problem with economists, Volcker said, was their inability to make accurate forecasts, according to an interview he gave to Simon Bowmaker, author of the recently published book, 'When the President Calls: Conversations With Economic Policymakers.'"

Excerpt from Milwaukee Journal Sentinel -- “'The way to get people to go to stores is to give them an experience, something they can’t get online,' said Tom Meyvis, a marketing professor at New York University’s Stern School of Business whose work focuses on consumer behavior. 'People want to spend some time browsing in stores and with books, this is one of the more agreeable shopping experiences.'"
 

Excerpt from ABC News -- “'The way to get people to go to stores is to give them an experience, something they can’t get online,' says Tom Meyvis, a marketing professor at New York University’s Stern School of Business whose work focuses on consumer behavior. 'People want to spend some time browsing in stores and with books, this is one of the more agreeable shopping experiences.'"

Excerpt from PBS' The Art Assignment -- "One of the co-authors of the study, Alixandra Barasch, suggests you might take pictures, but wait until after the experience to share them."

Excerpt from CGTN -- "'We are dealing with how to deal with uncertainty around that trend, which is growing as life expectancy grows,' said Brenner, who clarified that his study focuses on the risks, rather than dealing with the trends, which world governments already are looking into."

Excerpt from CNBC -- "'Although this was a win for them, the next few years are going to bring new regulations that explore these boundaries between platforms and traditional companies and that frame new regulations for the platforms, so it's really important for AirBnB to maintain the public trust and maintain good relationships with all of the member states even though this is a huge regulatory win for them.'"