Open Sessions

Dystopia or Utopia? Socioeconomic & Political Implications of Emerging Technologies


Ömer Özak
Associate Professor, Dedman College of Humanities and Sciences

Emerging technologies such as artificial intelligence, blockchain, and robotic process animation (RPA) will fundamentally transform business processes; however, they also will have profound economic, political and societal impact on a worldwide scale. Policymakers must start accounting for the repercussions of rapid technological advances in addition to planning for sweeping changes to global systems and institutions. How will the political economy transform and what must governments do to prepare for such a profoundly different future?

Dr. Özak, a professor in SMU’s Dedman College of Humanities & Sciences with interdisciplinary research interests, will discuss the wide-reaching implications of emerging technologies on economic and political development across the globe. His unique perspective will touch upon:

  • The current Age of Disruption – Is disruption cyclical and how similar is this to previous disruptive technological advances?
  • Systematic and institutional changes to income, production, and ownership in the emerging token economy
  • Privacy and identity in the new economy
  • What is ownership in the new age?
  • Blockchain – the emerging token economy and what our institutions will look like in the future
  • What happens when income becomes unlinked to production? Will UBI be the answer?