How Algorithms Govern
Mishcon de Reya’s Academy recently welcomed David Jevons, an Economist and Partner at Economic Consultancy Oxera, to discuss the far reaching impact of algorithms. In conversation with Real Estate Managing Associate Nick Kirby, David explained how algorithms work, what impact they have on businesses and how they could wrest control of our life choices.
We live in an increasingly digital world where AI is now commonplace. Today’s businesses are able to capture, store and analyse data about competitors, consumers and the wider world, helped by technological advances such as cloud computing. Algorithms rule the internet and make autonomous decisions that drive our behaviour and govern our choices. At this event, David also explained how algorithms are changing society and opening up new markets, as well as predicting how they may be used as a force for good in the future.