Upcoming Conference
Important Information:
Mon., May 22, 2023 - Tue., May 23, 2023
Technology-Enabled Disruption Conference: Uncertainty and Prospects for Disruptive Investments
Richmond, VA
DirectionsDeadline for Registration: May 12, 2023
Important Information:
The Technology-Enabled Disruption conference (TED), now in its fifth year and put on in partnership with the Federal Reserve Banks of Atlanta and Dallas, is designed to provide a better understanding of technology-enabled disruption and explore the phenomenon's implications for the broader economy—for households and businesses. A consistent focus is on the themes of how technology-enabled disruption matters for US macro performance, worker and consumer impact, and relatedly, inclusion.
As the world economy recovers from the disruption of Covid-19, other disruptions and shifts have taken its place. In the past year, volatile energy prices, rising inflation and supply chain disruptions have caused elevated uncertainties, all against a backdrop where work arrangements have moved far from where they long were. TED 2023 will focus on how these new developments will shape, and be shaped by, technology investments.
This year, the conference will focus on the following topics:
- Macroeconomic Uncertainties and Technology Investment
- Uncertainty and the Path Ahead for the Tech Sector
- Market Volatility and Energy Transitions
Keynote Speakers
Eric Budish
Gillian Tett
Speakers
Kartik B. Athreya
Tom Barkin
Raphael Bostic
Colin Connolly
Peter Coy
Nicolas Crouzet
Reagan Farr
John Haltiwanger
Jonathan Haskel
Anton Korinek
Joshua Linn
Robert Litterman
Lorie Logan
Michael Mansfield, Sr.
Gilbert E. Metcalf
Laura Pierce
Jacquelyn Pless
Mar Reguant
Nicole Thomas
Sunanya Tuteja
Tyson Tuttle
Dietrich Vollrath
Beth Anne Wilson
Agenda
-
Monday, May 22, 2023
10:15 am
Registration & Refreshments
11:00 amWelcome
- Kartik Athreya
Executive Vice President and Director of Research
Federal Reserve Bank of Richmond
11:05 amA Conversation with the Federal Reserve Presidents
- Tom Barkin
President and CEO, Federal Reserve Bank of Richmond - Raphael Bostic
President and CEO, Federal Reserve Bank of Atlanta - Peter Coy, moderator
Writer, New York Times Opinion
12:05 pmLunch
01:05 pmSection One: Market Volatility and Energy Transitions
A major source of macro volatility has been energy. Will the recent turbulence and connection to geopolitics of traditional energy help to speed the transition to alternative technologies? On the one hand, soaring prices for fossil fuels may drive consumers and businesses to electric vehicles and boost investment in clean technologies. On the other hand, high prices may induce more investment and production in oil and gas—though this will depend especially on the outlook for policies and regulation. What can we expect for Tech Enabled Disruption in a world of volatile energy?
Business Leader Perspective
- Reagen Farr
President & CEO, Silicon Ranch - Michael Mansfield, Sr.
CEO, Mansfield Energy - Robert Litterman
Chairman of risk committee and founding partner of Kepos Capital - Moderator
02:15 pmResearch Perspective
- Gilbert E. Metcalf
Professor of Economics Emeritus, Tufts University - Mar Reguant
Professor, Northwestern University - Jacquelyn Pless
Assistant Professor in the Technological Innovation, Entrepreneurship, and Strategic Management group at the MIT Sloan School of Management and the Fred Kayne (1960) Career Development Professor of Entrepreneurship - Joshua Linn
Professor, University of Maryland - Moderator
03:30 pmBreak
03:50 pmSection Two: Uncertainty and The Path Ahead For the Tech Sector
The technology sector appears to be restructuring. The market has recently seen drops in tech valuations, a contraction in venture capital funding and news making layoffs in leading tech firms. Factors here include a substantially tighter monetary policy environment and elevated market uncertainties. How will tech firms survive and thrive in the current and near-term environment? How should macro and regulatory policies respond to market developments? What does the long-run look like, including the path ahead for truly disruptive technologies such as Chat GPT and AI more generally?
- Sunayna Tuteja
Chief Innovation Officer, Federal Reserve System - Tyson Tuttle
Technical Advisor and Former CEO, Silicon Labs - Anton Korinek
Professor, Brookings and University of Virginia - Moderator
05:15 pmReception
06:00 pmDinner & Keynote
- Eric Budish
Paul G. McDermott Professor of Economics and Entrepreneurship and Centel Foundation/Robert P. Reuss Faculty Scholar, The University of Chicago Booth School of Business
07:45 pmAdjourn
- Kartik Athreya
-
Tuesday, May 23, 2023
08:15 am
Registration & Breakfast
09:00 amWelcome
Lorie Logan
President and CEO, Federal Reserve Bank of Dallas09:15 amSection Three: Macroeconomic Uncertainties and Technology Investment
Disrupted supply chains, rising inflation and the threat of recession have escalated market uncertainties that may threaten firms’ investments in technologies, especially disruptive and pathbreaking ones. On the other hand, investing in technologies might be essential to stay robust in the face of a more turbulent world and mitigate the impact of adverse market conditions, including the risk of generally tighter labor markets going forward. How will businesses react to ongoing market challenges in their technology investment decisions? What will be the likely direction and pace for such investments? What roles could policies play to mitigate the effects of uncertainty and/or facilitate technology investments? What are the implications for aggregate productivity?
Business Leader Perspective
- Laura Pierce
Group Vice President of Enterprise Strategy, Toyota - Nicole Thomas
Hospital President, Baptist Medical Center Jacksonville - Colin Connolly
President and Chief Executive Officer, Cousins Properties
10:15 amBreak
10:45 amResearch Perspective
- John Haltiwanger
Professor of Economics, University of Maryland - Nicolas Crouzet
Associate Professor of Finance, Northwestern University - Jonathan Haskel
Professor of Economics, Imperial College Business School, Imperial College London - Dietrich Vollrath
Professor, University of Houston - Moderator
11:45 amClosing Keynote
- Gillian Tett
Chair of the editorial board and editor-at-large, US of the Financial Times
12:20 pmClosing Remarks
- Kartik Athreya
Executive Vice President and Director of Research, Federal Reserve Bank of Richmond - Beth Anne Wilson
Director, Program Selection Section, International Finance, Board of Governors of the Federal Reserve System
12:30 pmLunch
01:30 pmAdjourn
- Laura Pierce
Who Should Attend
Economists, business leaders, central bankers, educators, general public
Previous Conferences
- 2022: Technology-Enabled Disruption: Disruptions from the Pandemic and the Path Ahead, hosted by the Atlanta Fed
- 2021: Technology-Enabled Disruption: Implications for Business, Labor Markets and Monetary Policy, hosted by the Dallas Fed
- 2019: Technology-Enabled Disruption: Implications for Business, Labor Markets and Monetary Policy, hosted by the Dallas Fed
- 2018: Technology-Enabled Disruption: Implications for Business, Labor Markets and Monetary Policy, hosted by the Dallas Fed
