Anton Korinek is an Associate Professor of Economics at the Department of Economics and of Business Administration at the Darden School of Business of the University of Virginia. His current research focuses on the implications of rapid progress in Artificial Intelligence for our economy and society, for inequality and for the future of work.

He studied economics, math and law at the University of Vienna and headed the IT department of an asset management company in Austria. After earning his PhD in economics from Columbia University in 2007, he conducted research on designing policy measures to prevent financial crises and developed an influential framework for capital flow regulation in emerging economies. His research has been published in top journals including the American Economic Review, the Review of Economic Studies, the Journal of Econometrics, the Journal of Monetary Economics, the Journal of International Economics and the Journal of Public Economics. It has also been cited on Bloomberg, in the Economist and in the Wall Street Journal. He has won several fellowships and awards for this work, including from the Institute for New Economic Thinking.

Prior to joining the University of Virginia, Professor Korinek held positions at Johns Hopkins University and at the University of Maryland and was a visiting scholar at Harvard University, the Bank for International Settlements, the International Monetary Fund, the World Bank, as well as a frequent visitor to numerous central banks, where he has given lectures and courses. He is also a Research Associate at the National Bureau of Economic Research and a Research Fellow at the Center for European Policy Research.

By this expert

The Economics of the 2021 American Rescue Plan

Article | Mar 18, 2021

How to Get Relief to Those Who Need It. Gosia Glinska in Conversation with Anton Korinek

Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few

Article | Feb 18, 2021

Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development

Artificial Intelligence, Globalization, and Strategies for Economic Development

Paper Working Paper Series | | Feb 2021

Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development

Liquidity Trap & Excessive Leverage

Article | Mar 11, 2016

How excessive debt hurts the economy and why to curb it.

Featuring this expert

Joseph Stiglitz and Anton Korinek’s INET-funded research is cited in the NY Times

News May 5, 2021

“In their December 2017 paper, “Artificial intelligence, worker-replacing technological progress and income distribution,” the economists Anton Korinek, of the University of Virginia, and Joseph E. Stiglitz, of Columbia — describe the potential of artificial intelligence to create a high-tech dystopian future. Korinek and Stiglitz argue that without radical reform of tax and redistribution politics, a “Malthusian destiny” of widespread technological unemployment and poverty may ensue.” — Thomas B. Edsall, New York Times

The Future of Work | What is Technology? Accelerator, Enabler, or Displacer?

moderated by Katya Klinova with Long Chen, Anton Korinek and John Van Reenen

Event Webinar | Sep 29, 2020

Human societies have always coevolved with technology, but how can we think of technology? Is it an external force outside our control, or do we have a say in its direction, development and deployment?

Are We Ready to Give Up Autonomy to AI?

Video | Jul 24, 2019

Artificial intelligence promises to make our lives easier. But is the cost losing some of our humanity?

How do we prevent future financial crisis in emerging markets?

Video | Apr 12, 2016

Should policymakers rely on domestic macroprudential regulation in their quest for greater financial stability?