18 papers
The Evolution of Digital Search: From Blue Links to Delegated Decision-Making
David M. Rothschild, Nicole Immorlica, Brendan Lucier +2
Digital search is undergoing a fundamental transformation from a human-driven process of discovery to an agent-mediated system of delegated decision-making. In the traditional mode…
Teaming Up with AI: Coordination and Cooperation
Nicole Immorlica, Inbal Talgam-Cohen
Successful diffusion of AI in the workforce hinges on the economic value that AI brings to human endeavors. Bringing AI into the workforce is more than deploying a powerful new tec…
Chaining Tasks, Redefining Work: A Theory of AI Automation
Mert Demirer, John J. Horton, Nicole Immorlica +2
Production is a sequence of steps that can be executed (1) manually, (2) augmented with AI, or (3) fully automated within contiguous AI-executed steps called ''chains.'' Firms opti…
From Augmentation to Reconstruction: Guiding the AI Disruption to the Good Place
David M. Rothschild, Jake M. Hofman, Markus Mobius +5
Artificial intelligence feels omnipresent, yet the disruption many expect has not fully arrived. The main reason is not model capability, nor even the tools built to harness those…
Subsidizing Sequential Search
Salvador Candelas, Nicole Immorlica, Brendan Lucier
We study markets where firms compete for consumer attention by subsidizing costly product inspection. These subsidies do not change product quality, but they alter the order in whi…
The Role of Referrals in Immobility, Inequality, and Inefficiency in Labor Markets
Lukas Bolte, Nicole Immorlica, Matthew O. Jackson
We study the consequences of job markets' heavy reliance on referrals. Referrals lead to more opportunities for workers to be hired, which lead to better matches and increased prod…