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This Week in Business
Women Leaders, Equal Pay, and Me Too in 2019: A Look Ahead
We're featuring a series this month called “2019: A Look Ahead” and conclude our series with a look at women in leadership positions and how the Me Too movement has influenced businesses. A December report by The World Economic Forum said it would take 202 years for gender parity in the workplace – much longer than the 170 years estimated in 2016. But a study by the annual Women CEO Report said that 2018 was a great year for women, who made up over one-fifth of the newly installed CEOs last year. California took a bigger step than other states when it passed a law requiring publicly listed companies with headquarters in the state to have at least one woman on their board by the end of this year. And 2019 has started with an increase of women sworn in to the 116th United States Congress. So what might we see in the year ahead for women in 2019? Host Dan Loney is joined by Katherine Klein, a Professor of Management at the Wharton School, Vice-Dean of the Wharton Social Impact Initiative, and co-host of Dollars and Change, and Janice Madden, University of Pennsylvania Professor of Regional Science and Sociology, to discuss the implications of these shifts for women on Knowledge@Wharton.
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Why Today’s AI Bubble May Fuel Tomorrow’s Economic Growth
10:57|Lynn Wu, Wharton Associate Professor of Operations, Information and Decisions, explains why today’s AI investment frenzy, while exhibiting bubble-like characteristics, represents a vital phase of technological evolution—driving infrastructure development, enabling future economic spillovers, and laying the groundwork for transformative advancements across industries.
Understanding the True Costs Behind Credit Card Lending
11:07|Itamar Drechsler, Wharton School Professor of Finance and Co-Director of the Rodney L. White Center for Financial Research, explains the economic forces behind high credit card interest rates, highlighting the roles of defaults, operating costs, marketing expenditures, and market power in shaping what consumers ultimately pay.
Examining How Amazon Fulfillment Centers Influence Local Economic Growth
11:56|Serguei Netessine, Professor of Operations, Information and Decisions and Senior Vice Dean for Innovation and Global Initiatives at the Wharton School, discusses new research analyzing how Amazon fulfillment centers affect county-level employment, median household income, and poverty rates.
How Chatbots Shape Emotional Well-Being in the Age of AI
10:58|Stefano Puntoni, Wharton Marketing Professor and co-director of the Wharton Human AI Research Project, discusses emerging research on AI companionship, its effects on loneliness and mental health, and the complex safety, ethical, and legal considerations shaping this rapidly evolving space.
Economic Signals, Policy Debates, and AI’s Impact on Markets
10:42|Jeremy Siegel, Professor Emeritus of Finance at the Wharton School and Senior Economist at WisdomTree, offers his perspective on Fed decision-making amid data gaps, evolving consumer trends, AI-driven market competition, and the broader economic implications of shifting U.S.–China relations.
Rethinking ACA Tax Credits and the Future of Health Coverage
10:02|Mark Pauly, Professor Emeritus of Healthcare Management at the Wharton School, examines Senator Bill Cassidy’s new health savings account–based proposal, evaluates its relationship to existing ACA tax credits, and offers broader insights into the persistent economic and political challenges of U.S. health care reform.
Navigating Holiday Retail Trends Amid Economic Uncertainty
11:33|Mina Fader, Managing Director of the Baker Retailing Center at the Wharton School, offers insights on how inflation, inventory strategy, consumer spending habits, and the renewed importance of in-store experiences are shaping the outlook for holiday retail performance.
How California’s New AI Law Seeks to Safeguard Children
09:02|Kevin Werbach, Wharton Professor of Legal Studies and Business Ethics, explores the goals, limits, and broader national context of California’s newly enacted AI child-protection bill and what it signals for future regulation and industry responsibility.
The Hidden Link Between Talent Shortages and Rising M&A Activity
10:43|Ezekiel Hernandez, Wharton Management Professor, explains new research co-authored with Britta Glennon revealing how limits in the H-1B visa program push companies toward targeted M&A activity as a strategic response to skilled labor shortages.