AI Acquihires: Competition Risks, Talent Battles and Economic Spillovers Webinar - 8 October @ 17:00 CEST 🗣️Jonathan Kanter @lugaricano.bsky.social @imarinescu.bsky.social @igorletina.bsky.social Hans Zenger Moderator: @florianederer.bsky.social Register: cepr.org/events/ai-ac... #EconSky

A thread on "reverse acquihires" in the AI space. Reverse acquihires are characterized by two things: 1) the buyer takes over the most important/talented employees and 2) the buyer pays a hefty sum to the target firm via a side deal. They are becoming common in the AI space:

One thing I have not seen mentioned in the discussion about compensation packages for AI engineers is that firms are willing to pay not just for what value those employees bring to them, but also for the value that their competitors lose. In a sense, firms are partly trying to *hoard AI talent* 1/2

We’re happy to host the 1st European Economic Theory Conference in Bonn next fall! Submissions in all areas of economic theory are welcome.

Such a great initiative! I‘m looking forward to trialling this soon.

1/7 In our new WP Strategic Attribute Learning, Ludmila Matysková, Egor Starkov, and I study how preference misalignment between a researcher and a decision-maker shapes learning and decision-making. [Link below]

Check out the thread by @igorletina.bsky.social on our new short paper on never-ending search for innovation.

The incentives at elite business schools are often discussed, though I know little about them. However, at less prestigious business schools, the pressure to "publish something" just to meet accreditation standards likely does not lead to high-quality research either.

Do we do threads🧵on #EconSky? I recently gave a talk on competition policy and startup acquisitions. Here are the main points: 1/ Since ~2001, acquisitions have overtaken IPOs as the primary "exit" for VC-backed startups. This shift impacts how competition plays out.

Come join us for an exciting event in Bern! Looking forward to receiving your applications. Let us know if you have any questions.

The Economist has a very interesting article on the need to improve how we fund research. There is even a paragraph on innovation contests. www.economist.com/science-and-...

We are hiring!🇨🇭 👉 4-year Postdoc position in Macroeconomics / Banking / Finance 👉 Dept. of Economics, University of Bern, group of Profs. Cyril Monnet and Dirk Niepelt 👉 Project on "Money and Debt in the 21st Century: Liquidity, Safety, Redistribution" 📈📉 econjobmarket.org/statuses?oid...