AI's Impact on Agribusiness and the Labor Market
AAEA annual meeting track session
The 2024 AAEA Annual Meeting Track Session sponsored by the Experimental Economics and Institutional and Behavioral Economics Sections, “AI's Impact on Agribusiness and the Labor Market” will focus on how Artificial Intelligence (AI) is permeating various facets of modern society, yet its specific impact on agribusiness and beyond remains underexplored. This track session features four studies offering experimental and behavioral evidence, illuminating diverse effects of AI technologies. The first two presentations are based on discrete choice experiments. One gauges consumer willingness to pay for innovative technologies, such as AI, reducing carbon footprint in tomato production. The other reveals influence of AI-generated information on consumer food choices. The last two studies delve into the application of Generative Pre-trained Transformers (GPTs), showcasing their utility in crafting enterprise budgets for agribusiness and uncovering distinct concerns about AI's impact on the labor market among diverse subgroups of US students. This session not only elucidates emerging AI effects but also furnishes vital policy insights for consumers, producers, and policymakers.
Presentations in this session:
- Low-carbon Technologies in Greenhouse Tomato Production: Do Consumers Care?
Alan Xu, Tuskegee University - When Human and Artificial Intelligence Clash: Consumer Food Choices
Longzhong Shi, Huazhong Agricultural University - Using GPTs for enterprise budgets
Connor Wells, University of Idaho - ChatGPT and the Labor Market: Unraveling the Effect of AI Discussions on Students’ Earnings Expectations
Samir Huseynov, Auburn University
This session will take place on Monday, July 29 from 10:00 am 11:30 am CST in the New Orleans Marriott in Bacchus on the fourth floor.
If you are interested in attending the 2024 AAEA Annual Meeting in New Orleans, LA, please send a completed complimentary media registration to Allison Ware in the AAEA Business Office. You can also learn more on our Annual Meeting Media Kit page or view the entire AAEA programmed schedule.
ABOUT AAEA: Established in 1910, the Agricultural & Applied Economics Association (AAEA) is the leading professional association for agricultural and applied economists, with 2,500 members in more than 60 countries. Members of the AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development. The AAEA publishes three journals, the Journal of the Agricultural and Applied Economics Association (an open access journal), the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices and the online open access publication series Applied Economics Teaching Resources. To learn more, visit www.aaea.org.
Contact: Allison Ware
Senior Communications & Membership Manager
(414) 918-3190
Email: aware@aaea.org