Audio Interview

AI, governance, and law: how capitalism drives culture and innovation

Published on March 31, 2025   27 min

A selection of talks on Finance, Accounting & Economics

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Interviewer: Today, I'm interviewing Professor Katharina Pistor, Edwin B. Parker Professor of Comparative Law, Columbia Law School, USA. A link to Professor Pistor's positions, interests, and publications accompanies this interview. The subject of the interview is Professor Pistor's article published in Project Syndicate on 28th of November, 2023, titled, In AI, Capital Wins Again. Listeners are expected to have read the article before listening to this interview. Professor Pistor, thank you for the time. Your article brought to mind the song in Cabaret, money makes the world go round. May I start by asking this compound question? Do you believe that, outside of a completely socialist economy, your article states an unalterable fact, or do you suggest that something can be done? And if so, what is that something, Professor Pistor? Prof. Pistor: Thank you. It's an interesting question. Let me just state that I don't think that there are unalterable facts ever in history. When you think about how much societies, economies, cultures have changed over time, then I think it really boggles the imagination. I should also say that I spent the first decade of my academic life studying the demise of the socialist systems and what came after,

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AI, governance, and law: how capitalism drives culture and innovation

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