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Algorithmic Rents Research Showcase

12 October 2023, 10:30 am鈥�12:30 pm

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IIPP hosted a research showcase in conversation with Mariana Mazzucato, Tim O鈥橰eilly and Ilan Strauss on Algorithmic Rents.

Event Information

Open to

All

Organiser

UCL Institute for Innovation and Public Purpose and Council on Urban Initiatives

Date: 12聽October 2023
Time: 10:30 - 12:30聽pm (BST) UK Time

Download the showcase presentation slides

Meet the panel:

  • Mariana Mazzucato聽| Professor in the Economics of Innovation & Public Value and Founding Director,聽UCL Institute for Innovation and Public Purpose
  • Tim O'Reilly聽| Founder, CEO, and Chairman of O鈥橰eilly Media and Visiting Professor of Practice,聽UCL Institute for Innovation and Public Purpose
  • Ilan Strauss聽| Senior Research Associate, UCL Institute for Innovation and Public Purpose

础驳别苍诲补:听

  • 10:30am 鈥� Welcome & Framing of Digital Rents on Platforms (Prof. Mariana Mazzucato)
  • 10:50am [PAPER 1] 鈥� Algorithmic Attention Rents (Mr. Tim O'Reilly)
  • 11:30am [PAPER 2] 鈥� Advertising as Attention Rent & Market Power on Amazon (Dr. Ilan Strauss)
  • 12:10pm [PAPER 3] 鈥� Big Data Evidence on Amazon's Ability to Allocate Clicks (Mr. Rufus Rock)
  • 12:30pm 鈥� Closing聽Remarks聽

Read more about our research on digital economy and algorithmic rents on our research page.

About the Speakers

Professor Mariana Mazzucato

Founding Director and Professor in the Economics of Innovation & Public Value at UCL Institute for Innovation and Public Purpose

Mariana Mazzucato
聽(PhD) is Professor in the Economics of Innovation and Public Value at University College London (UCL), where she is Founding Director of the UCL聽Institute for Innovation & Public Purpose聽(IIPP). She received her BA from Tufts University and her MA and PhD from the Graduate Faculty of the New School for Social Research. Her previous posts include the RM Phillips Professorial Chair at the Science Policy Research Unit (SPRU) at Sussex University.

She is the author of four highly-acclaimed books:聽聽(2013) which investigates the critical role the state plays in driving growth;聽聽(2018) which looks at how value creation needs to be rewarded over value extraction;聽聽(2021) rethinks the capacity and role of government within the economy and society; and most recently聽听(2023).

She advises policy makers around the world on innovation-led inclusive and sustainable growth. Her current roles include being Chair of the聽, Co-Chair of the聽, Co-Chair on the聽, member of the聽, the聽, the聽, Argentina鈥檚 Economic and Social Council and Vinnova鈥檚 Advisory Panel in Sweden and the OECD High-Level Advisory Panel on Climate and Economic Resilience. Previously, through her role as Special Advisor for the EC Commissioner for Research, Science and Innovation (2017-2019), she authored the high-impact report on聽, turning 鈥渕issions鈥� into a crucial new instrument in the European Commission鈥檚 Horizon innovation programme, and more recently, authored a report with the聽听辞苍听.

More about Professor Mariana Mazzucato

Tim O'Reilly

Visiting Professor of Practice at UCL Institute for Innovation and Public Purpose

Tim O'Reilly
Tim O鈥橰eilly is the founder, CEO, and Chairman of O鈥橰eilly Media, the company that has been providing the picks and shovels of learning to the Silicon Valley gold rush for the past thirty-five years. The company delivers online learning, publishes books, and runs online events about cutting-edge technology, and has a history of convening conversations that reshape the computer industry. If you鈥檝e heard the term 鈥渙pen source software鈥�, 鈥渨eb 2.0鈥�, 鈥渢he Maker movement鈥�, 鈥済overnment as a platform鈥�, or 鈥渢he WTF economy鈥�, he鈥檚 had a hand in framing each of those big ideas. Tim is also a partner at early stage venture firm O鈥橰eilly AlphaTech Ventures (OATV), and on the boards of Code for America, PeerJ, Civis Analytics, and PopVox. He is the author of many technical books published by O鈥橰eilly Media, and most recently WTF? What鈥檚 the Future and Why It鈥檚 Up to Us (Harper Business, 2017). He is working on a new book about why we need to rethink antitrust in the era of internet-scale platforms. More about Tim O'Reilly

Dr Ilan Strauss

Senior Research Associate at UCL Institute for Innovation and Public Purpose

Ilan Strauss
Dr. Ilan Strauss is a senior research associate at 皇家华人鈥檚聽Institute for Innovation and Public Purpose聽(London), where he聽leads the digital economy research team with Mariana Mazzucato (principal investigator) and Tim O鈥橰eilly 鈥� funded by the Omidyar Network. His work investigates new theories of harm and competition in digital markets, with an emphasis on Big Tech鈥檚 digital platforms and ecosystems. Ilan is also the receipt of an聽聽grant (jointly with Dr. Jangho Yang) looking at the role of acquisitions in Big Tech attaining dominance in artificial intelligence (AI) innovation.

Ilan is a Senior Research Associate in the Office of the SARChI Chair in Industrial Development, University ofJohannesburg (South Africa).聽Previously, he taught macroeconomics at Rice University (Jones Graduate School of Business) and at New York University (Division of Applied Undergraduate Studies). Ilan has consulted for Airfinity (London), UNCTAD (Investment Division), the African Development Bank (AfDB), UNIDO, the ILO, and the Southern African Development Community (SADC).

Ilan holds a Ph.D in economics from the New School for Social Research (New York) and an MSc in economics from SOAS (University of London, First Class). For recent information see:聽

More about Dr Ilan Strauss