Image for The Great

The 2023-24 Arnold C. Harberger Distinguished Lecture on Economic Development

Framing the Effects of Artificial Intelligence on Global Economic Growth & Development

Please upgrade to a browser that supports HTML5 video or install Flash.Video-Preview-Image-r0-033.webp

Baroness Dambisa Moyo, economist, best-selling author, and member of the British Parliament

Please upgrade to a browser that supports HTML5 audio or install Flash.

Audio MP3 Download Podcast


Transcript   * This might take a few seconds to load.


"Framing the Effects of Artificial Intelligence on Global Economic Growth & Development"

The advent of Artificial Intelligence (AI), and indeed generative AI, demands a rethink of our approach to driving economic growth and development. At a minimum, the era of AI will likely disrupt the conventional growth models that have governed economic modeling and understanding for numerous centuries. In her talk, Baroness Dambisa Moyo will examine how the era of AI will have an array of effects, including:

  • On business: with implications beyond merely productivity gains and cost reductions
  • On society: particularly, if the benefits of AI largely accrue to holders of capital, rather than labor, risking widening inequality
  • On government: specifically, the changing role of the state, as the global economy confronts an era of labor-less growth, as AI technologies displace human workers and create a jobless underclass



Baroness Dambisa Moyo of Knightsbridge is a member of the United Kingdom’s House of Lords. She is a principal of Versaca Investments - a family office focused on growth investing globally. She also serves on a number of global corporate boards including Chevron, Conde Nast, and the Oxford University Endowment investment committee.

Her areas of interest are capital allocation, risk, and ESG matters. Dambisa is the author of five bestselling books on the global macroeconomy and geopolitics. She holds a PhD in economics from Oxford University and a Master’s degree from Harvard University.



Kal Raustiala holds the Promise Institute Chair in Comparative and International Law at UCLA Law School and is a Professor at the UCLA International Institute, where he teaches in the Program on Global Studies. Since 2007 he has served as Director of the UCLA Burkle Center for International Relations. From 2012-2015 he was UCLA’s Associate Vice Provost for International Studies and Faculty Director of the International Education Office. Professor Raustiala's research focuses on international law, international relations, and intellectual property. In late 2022, he published a biography of the late UN diplomat, civil rights figure, and UCLA alum Ralph Bunche for Oxford University Press.



Established in 1997, the Arnold C. Harberger Distinguished Lecture on Economic Development celebrates Arnold Harberger as an eminent scholar and teacher. The lectures provide a special forum for outstanding students of international economics and policy to present their views and research to the UCLA community and the public.