Jim Pulcrano

Jul 2, 2024 | imd.org | Richard Baldwin |Sarah Toms |Howard Yu |Jim Pulcrano

Generative AI tools promise to increase the productivity of white-collar workers. Along with more traditional AI and machine learning tools, today’s GenAI is already helping us with diagnoses, contracts, drafting, translations, transcriptions, and more. But what might its impact be on income inequality? It’s not what most people expect, in my view. And that’s a good thing.

May 10, 2024 | imd.org | Sarah Toms |Howard Yu |Jim Pulcrano

A double-edged swordSuch caution is understandable. GenAI offers transformational opportunities: it can deliver a myriad of gains in productivity, creativity and innovation. But there are also real concerns. The mechanics of GenAI are yet to be fully understood and there is still a significant possibility of bias and error. These are dilemmas that IMD is grappling with.

May 6, 2024 | imd.org | Jim Pulcrano |Howard Yu |Sarena Lin |Carlos Cordon

Whether brewed in an espresso machine, cafetière or Turkish cezve, coffee has always been more than just a drink. Over the centuries, humans have drunk coffee not purely for the taste, but also for medicinal, ritual and social reasons. In 17th-century Britain, the coffee houses were known as “penny universities,” as customers came together to debate the science, politics and literature of the day. In 2022, the trend was still on an upward trajectory, with global sales of .

Dec 6, 2023 | imd.org | Peter Nathanial |Jim Pulcrano |Olivier Laplace |Karl Schmedders

On 19 March this year, the Swiss authorities adopted a package of measures that enabled the takeover of Credit Suisse Group (CS) by rival UBS. The Federal Council, the Swiss National Bank (SNB), and the regulatory authority FINMA had concluded that they needed to act to protect the Swiss economy and avert further damage. The dramatic intervention, held on a Sunday evening, took many by surprise, particularly because many voices had confirmed that CS had sufficient liquidity to weather the storm.

Dec 5, 2023 | imd.org | Jim Pulcrano |Olivier Laplace |Karl Schmedders |Michael Skapinker

 In the late noughties, the rise of the internet made it far more convenient to share physical assets on a larger scale. Termed the “sharing economy” by Harvard Law School Professor Lawrence Lessig in 2008, it led to a proliferation of companies such as Uber and Airbnb, all promising to revolutionize the way people used and shared resources from cars and houses to power tools and surfboards.