Xitong Li is a Professor of Information Systems at HEC Paris. His primary research interests are in the economics of information technologies, including social media, crowdfunding, digital marketing, online education, algorithms and AI. He is also a Hi! PARIS Fellow for the 2021-2024 period.
His Hi! PARIS Fellowship project focused on the Impacts of Algorithmic Decision-makers, Advisors, and Recommenders on Business and Society.
An algorithm is a series of operations commonly executed by computers to automatically perform data processing, predictions, and reasoning. Given algorithms’ abilities to process “big data” and perform the tasks consistently, algorithms are expected to outperform humans in many circumstances. We therefore see vast implementations of algorithmic decision-makers, advisors, and recommenders in our business and society, with the least mature category of algorithmic decision-makers and the most mature category of algorithmic recommenders. Therefore, this project proposal comprises three work packages (WPs), each of which examines the impact of one of the three categories of algorithm-based applications.