How are startups shaping the future of work? The role of AI translators

25 January @ 2:30 pm - 5:00 pm
Loading Events

« All Events

  • This event has passed.

AI translators — multidisciplinary experts who bridge business and technology expertise — reduce the coordination costs that arise with the difficulties in the communication of hyperspecialized workers who engage in the division of labor to redesign systems of decision making.

The organizational inertia of incumbent firms reduces their adoption of AI translators, increasing the risk of failed AI investments and of their creative destruction. This paper asks if AI translators are the basis for the successful entry of new firms and how these VC-funded startups shape the future of work. I identify 14 million AI translator job postings using natural language processing of over one billion task descriptors extracted from the full vacancy text of the near universe of the past decades’ US online job ads. Using a sample of 11,810 venture-capital-funded US startups, Matthias Qian find a positive effect of AI translator use on startup performance, including on successful initial public offerings.

These scaled startups rely heavily on AI translators as intermediaries: they post over four times as many AI translator job postings as incumbent firms. The lack of intellectual property protections on the task composition of jobs contributes to strong local knowledge spillover effects that explain the growing importance of AI translators in the labor market.

Details

Date:
25 January
Time:
2:30 pm - 5:00 pm
Event Categories:
,
Website:
Book now

Latest news

International Women’s Day events (Feb & March) 2023

IDEA will be hosting a calendar of events and workshops to celebrate International Women's Day 2023. From 21 February to the end of ... Learn more

Emily Gill, Co-founder of Levra

Emily Gill, Co-founder of Levra

Emily is the co-founder of Levra, an immersive virtual reality (VR) coaching solution that improves the interpersonal communication of employees. Learn more

The New Entrepreneurship Hub

The University of Oxford is launching a new (and still unnamed) initiative that will transform the way in which entrepreneurship is ... Learn more

Sanoma Jean, Founder of Aya Therapy

Sanoma Jean, Founder of Aya Therapy

Sanoma Jean is the founder Aya Therapy an intelligent patient management platform reducing burnout for mental health care practitioners. Learn more

Enterprising Oxford

Tell us a bit about yourself and see information and resources relevant to your needs.

Get in touch

7 + 3 =

Copyright © 2022 Enterprising Oxford | Site by Herd