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The AI in Business Initiative is focused on advancing knowledge of the global shift to an AI-driven economy by supporting cutting-edge research that examines how artificial intelligence is transforming industries, redefining markets, and reshaping societal dynamics. Through interdisciplinary collaboration among faculty, the initiative investigates the implications of AI developments, on, e.g., business strategy, consumer behavior, organizational design and human-AI collaboration. From artificial intelligence and data governance to fintech and platform economies, the initiative supports pioneering studies that generate actionable insights and inform decision-making in a rapidly evolving world. By promoting forward-thinking scholarship, and the convening of leading researchers in the field, the AI in Business Initiative positions Columbia Business School at the forefront of research that shapes the future of business in the digital age.

AI at Columbia Business School logo in blue lowercase letters with a plus above the i.
AI in Business Initiative

Featured Research Articles

Artificial Intelligence, Business and Society, Data and Business Analytics, AI and Transformative Tech, Innovation, Marketplace, Technology
Date
August 26, 2025
AI agent shopping
Artificial Intelligence, Business and Society, Data and Business Analytics, AI and Transformative Tech, Innovation, Marketplace, Technology

What Happens When AI Does Your Shopping?

New research from Columbia Business School reveals surprising patterns in how AI agents choose what to buy, and why sellers and platforms may need to rethink everything.
  • Read more about What Happens When AI Does Your Shopping? about What Happens When AI Does Your Shopping?
Climate and Policy, Climate and Solutions, Climate and Technology
Date
May 13, 2025
CBS Photo Image
Climate and Policy, Climate and Solutions, Climate and Technology

How Google Images Can Make You Really Care About Climate Change

Your Google search for “climate change” may show emotional images — or calm, scientific visuals — depending on where you are. A new CBS study reveals how search algorithms shape climate perceptions worldwide.
  • Read more about How Google Images Can Make You Really Care About Climate Change about How Google Images Can Make You Really Care About Climate Change
Artificial Intelligence, Data and Business Analytics, Data/Big Data, AI and Transformative Tech, Digital IQ, Marketing, Technology
Date
April 08, 2025
A woman shopping in a grocery store
Artificial Intelligence, Data and Business Analytics, Data/Big Data, AI and Transformative Tech, Digital IQ, Marketing, Technology

How Gen AI Is Transforming Market Research

Generative AI is revolutionizing market research by offering unprecedented ways to understand customers, assess competitors, and extend data-driven decision-making organizationally. Research with pioneering companies reveals four key opportunities: gen AI supports existing practices by making them faster and more scalable; replaces traditional methods with synthetic data that can match conventional results with greater accuracy; fills insight gaps by providing evidence for decisions previously based on intuition; and creates innovative applications like digital twins for testing customer interactions. Survey data shows 45% of market researchers already use gen AI, with most employing it to analyze transcripts and data. While acknowledging limitations around bias and representativeness, this framework helps business leaders navigate gen AI's transformative potential in gathering customer and market insights more efficiently and effectively than ever before.
  • Read more about How Gen AI Is Transforming Market Research about How Gen AI Is Transforming Market Research
Algorithms, Data and Business Analytics, AI and Transformative Tech, Marketing, Marketplace, Media and Technology
Date
April 02, 2025
TikTok logo on a smartphone
Algorithms, Data and Business Analytics, AI and Transformative Tech, Marketing, Marketplace, Media and Technology

Why a TikTok Ban Would Boost Meta’s Ad Prices—and Hurt Small Businesses

In new research, Professors Dante Donati and Hortense Fong find that the brief TikTok outage in January benefited Meta as advertisers turned to its platforms to reach users. Small businesses, less able to switch, lost out.
  • Read more about Why a TikTok Ban Would Boost Meta’s Ad Prices—and Hurt Small Businesses about Why a TikTok Ban Would Boost Meta’s Ad Prices—and Hurt Small Businesses
Artificial Intelligence, Business and Society, Distinguished Speaker Series, Leadership, Organizations, The Workplace
Date
March 21, 2025
Walmart Chief People Officer Donna Morris, left, with Professor Stephan Meier
Artificial Intelligence, Business and Society, Distinguished Speaker Series, Leadership, Organizations, The Workplace

Walmart’s Donna Morris on Building High-Performing Teams in the Age of AI

During a conversation hosted by Columbia Business School’s Distinguished Speaker Series, the multinational retailer’s Chief People Officer shared how leaders can use AI and people-first strategies to drive workplace innovation and resilience.
  • Read more about Walmart’s Donna Morris on Building High-Performing Teams in the Age of AI about Walmart’s Donna Morris on Building High-Performing Teams in the Age of AI
Recently Featured Research Articles

Latest Research Citations

Strategic Targeting and Unequal Global Adoption of Artificial Intelligence

Authors
Dafna Bearson and Nataliya Wright
Date
April 11, 2025
Format
Working Paper

The rise of low-cost artificial intelligence (AI) technologies offers significant potential for businesses globally, yet AI adoption remains uneven. What shapes this unequal adoption? While prior work attributes adoption patterns to demand-side factors including physical costs and complementary assets, we theorize that AI entrepreneurs' strategic choice to target specific markets creates both search and perceived-fit frictions for firms outside of those markets.

Read More about Strategic Targeting and Unequal Global Adoption of Artificial Intelligence

Words That Matter: Analyzing the Causal Effect of Words

Authors
Alain Lemaire, Mingzhang Yin, and Oded Netzer
Date
April 4, 2025
Format
Working Paper

Language plays a crucial role in marketing, influencing outcomes such as consumer engagement and decision-making. Although prior research has extensively analyzed the relationship between linguistic features and business outcomes, most approaches have been descriptive or predictive, limiting their value for crafting more effective content. Understanding the causal effects of specific linguistic features is essential but challenging because, in real-world settings, the focal textual feature often changes simultaneously with other confounding factors.

Read More about Words That Matter: Analyzing the Causal Effect of Words

Wikipedia Contributions in the Wake of ChatGPT

Authors
Liang Lyu, James Siderius, Hannah Li, Daron Acemoglu, Daniel Huttenlocher, and Asuman Ozdaglar
Date
March 2, 2025
Format
Journal Article
Journal
The ACM Web Conference 2025 (Formerly WWW)

How has Wikipedia activity changed for articles with content similar to ChatGPT following its introduction? We estimate the impact using differences-in-differences models, with dissimilar Wikipedia articles as a baseline for comparison, to examine how changes in voluntary knowledge contributions and information-seeking behavior differ by article content. Our analysis reveals that newly created, popular articles whose content overlaps with ChatGPT 3.5 saw a greater decline in editing and viewership after the November 2022 launch of ChatGPT than dissimilar articles did.

Read More about Wikipedia Contributions in the Wake of ChatGPT

The welfare impact of recommendation algorithms

Authors
Laura Doval and Alex Smolin
Date
March 1, 2025
Format
Journal Article
Journal
ACM SIGecom Exchanges

In this letter, we summarize our recent work on the welfare impact of recommendation algorithms and propose questions for further study. We model recommendation algorithms as an information structure, which shapes how a third party takes actions that affect the welfare of different individuals in a population. Each recommendation algorithm thus induces a welfare profile, describing the expected payoffs of different individuals when the third party takes actions following the algorithm.

Read More about The welfare impact of recommendation algorithms

Better Innovation for a Better World

Authors
Olivier Toubia
Date
Forthcoming
Format
Journal Article
Journal
Journal of Marketing

We aim to stimulate discussion on how innovation research within marketing can use a better world (BW) perspective to help innovation become a driver of positive change in the world. In this "Challenging the Boundaries" series paper, we hope to provide purposeful research opportunities for scholars seeking to bridge innovation research with the BW movement. We frame our discussion with four areas of innovation research in marketing that are particularly relevant to BW objectives.

Read More about Better Innovation for a Better World

How Will AI Change The Teaching Model In Business Schools?

Authors
Shivaram Rajgopal
Date
January 5, 2025
Format
Newspaper/Magazine Article
Publication
Forbes

Our educational model is predicated on an expert lecturing to a class of attentive disciples. We rely on standardized repeated exams. As a junior accounting professor, I was encouraged to take a senior faculty member’s teaching notes and simply go and deliver the material. Rely on older exams or some variant thereof. Have a standard key to grade the exams. In essence, minimize the time spent on teaching so that I can work on research and get tenure. To be fair, my senior professors were watching out for me and were trying to put me on the shortest path to tenure.

Read More about How Will AI Change The Teaching Model In Business Schools?

Using natural language processing to analyse text data in behavioural science

Authors
Stefan Feuerriegel, Abdurahman Maarouf, Dominik Bär, Dominique Geissler, Jonas Schweisthal, Nicolas Pröllochs, Claire E. Robertson, Steve Rathje, Jochen Hartmann, Saif M. Mohammad, Oded Netzer, Alexandra A. Siegel, Barbara Plank, and Jay J. Van Bavel
Date
January 2, 2025
Format
Journal Article
Journal
Nature Reviews Psychology

Language is a uniquely human trait at the core of human interactions. The language people use often reflects their personality, intentions and state of mind. With the integration of the Internet and social media into everyday life, much of human communication is documented as written text. These online forms of communication (for example, blogs, reviews, social media posts and emails) provide a window into human behaviour and therefore present abundant research opportunities for behavioural science.

Read More about Using natural language processing to analyse text data in behavioural science

ACE: A LLM-based Negotiation Coaching System

Authors
Ryan Shea, Kallala Aymen, Xin Lucy Liu, Michael Morris, and Zhou Yu
Date
October 2, 2024
Format
Working Paper

The growing prominence of LLMs has led to an increase in the development of AI tutoring systems. These systems are crucial in providing underrepresented populations with improved access to valuable education. One important area of education that is unavailable to many learners is strategic bargaining related to negotiation. To address this, we develop a LLM-based Assistant for Coaching nEgotiation (ACE). ACE not only serves as a negotiation partner for users but also provides them with targeted feedback for improvement.

Read More about ACE: A LLM-based Negotiation Coaching System
View our Research Citations
Faculty Perspectives on AI
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Photo Image of Stephan Meier

Using AI to Enhance Human Motivation

Columbia Business School Professor Stephan Meier explains how leaders can calm AI-related concerns, while also creating value.

Quick Takes

  • AI can boost productivity and work-life balance through efficiency, but presents an equality paradox - potentially leveling the playing field or concentrating benefits among few while reducing overall jobs.
  • Future leaders (today's students) will determine AI's ultimate societal impact, making their understanding of these technologies crucial.
Watch the Video
Photo Image of Olivier Toubia

How to Leverage AI in the Workplace

Columbia Business School Professor Olivier Toubia shares the many upsides – and downsides – of AI in the workplace.

Quick Takes

  • Generative AI has dual potential - it can increase productivity and improve work-life balance while leveling the playing field, but could also increase inequality by limiting jobs to a select few and reducing overall opportunities.
  • The ultimate impact of AI on society and business will be determined by future leaders, making it critical for today's students to understand AI as they will shape its societal effects.
Watch the Video
Photo Image of Ashli Carter

Using Generative AI to Change Your Mindset

Ashli Carter, a lecturer at Columbia Business School, explains one of the ways she uses AI to help students build resilience.

Quick Takes

  • AI text-to-image generation helps people visualize their "inner critic" as a tool for negotiating with their mindset.
  • AI visualization processes can create mental states more conducive to achieving personal goals.
Watch the Video
Photo Image of Omar Besbes

How AI is Breaking Barriers in Business

Columbia Business School Professor Omar Besbes explains how AI is democratizing workplace productivity.

Quick Takes

  • AI will significantly enhance human productivity across various areas while potentially decreasing barriers to entry in multiple industries.
  • Chatbots and AI systems are democratizing access to resources while simultaneously putting the art of asking good questions and follow-up questions back at center stage.
Watch the Video
Research Grants
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Grant Recipients

2024-2025
2022-2023
  • Olivier Toubia, Tianyi Peng, George Gui (CBS) “Silicon Consumers for Marketing Research”
  • Ciamac Moallemi, Hong Namkoong, Tianyi Peng, Dan Russo (CBS) “AI Agents Initiative”
  • Hannah Li (CBS) “Optimizing AI Early Warning Systems in Education and Healthcare”
  • Kinshuk Jerath (CBS) and Fei Long (UNC) “The Impact of Gen-AI on Creator Content Quality and Sharing”
  • Dan Wang (CBS) “Understanding and Expanding the Application of a Voice-Based Generative AI Tool in Developing Soft Skills”
  • Michael Morris (CBS) and Zhou Yu (Columbia, CS), “Edtech: Negotiations Bot & Pitch Vantage”
  • Gita Johar (CBS) and Yu Ding (Stanford) “Involving Global Citizens in Fact-Checking Efforts”
  • Wei Cai (CBS), Philip Berger (Chicago Booth) and Lin Qiu (Purdue) “AI and Workplace Transformation”
  • Nataliya Wright (CBS), Dafna Bearson (Harvard Business School), and Stephen Micael Impink (HEC Paris) “Bridging global entrepreneurial scaling gaps: The strategic role of artificial intelligence”
  • Bernd Schmidt and Asim Ansari (CBS) “Corporate AI Guidelines”
  • Sheena Iyengar and Carl Blaine Horton (PhD Candidate, CBS) “AI Choice Mapper”
  • Dante Donati, Ruben Enikolopov (Universitat Pompeu Fabra), and Lena Song 
    (University of Illinois Urbana-Champaign) “The Agenda-Setting Power of Social Media and the Role of Online-Offline Interactions”
  • Ciamac Moallemi and Omid Malekan (CBS) “Blockchain Data Lab Proposal”
  • Gur Huberman (CBS) “A Theory of Staking”
  • Ciamac Moallemi (CBS) for “Stochastic Routing for Automated Market Makers”
  • Lisa Yao Liu (CBS) “Equity Crowdfunding and Information Provision in Digital Platforms”
  • Bruce Kogut (CBS) and Matthew Yeaton (HEC Paris) “The Self Organizing Bubble: Informal Coordination and Collective Action During the GME Short Squeeze”
  • Andrey Simonov (CBS), George Beknazar-Yuzbashev (Columbia), Rafael Jimenez-Duran (Bocconi), and Mateusz Stalinski (University of Warwick), for “Advertising Load Discrimination on Social Media”
  • Hongseok Namkoong (CBS), for “Adaptive Experimentation at Scale”
  • Suresh Naidu (Columbia), Lena Song (University of Illinois), and Elliott Ash (Warwick), for “Making Public Law: Artificial Intelligence for Legal Accessibility and Judicial Legitimacy”
  • Rachel Cummings (Columbia) and Tamalika Mukherjee (Columbia), for “Visual Explanations of Differential Privacy for Engineers to Improve Decision-Making in Privacy Systems”
  • Sandra Matz (CBS), Heinrich Peters (CBS) and Moran Cerf (CBS), for “Using Generative AI to Develop Scalable Psychological Screening Tools”
  • Hongyao Ma (CBS), Chenkai Yu (CBS), and Arpit Agarwal (Columbia), for “Who Ate the Lunch? Peer Networks for Customer Support and Fraud Detection”
  • Tim Roughgarden (Columbia) and Naveen Durvasula (Berkeley), for “The Economics of Block Production”
  • Thomas Bourveau (CBS), Janja Brendel (CUHK) and Jordan Schoenfeld (University of Utah), for “Decentralized Finance (DeFi) Assurance: Audit Adoption and Capital Market Effects”
  • Ciamac Moallemi (CBS) and Omid Malekan (CBS), for “Blockchain Data Lab”
  • Gita Johar (CBS) and Yu Ding (Stanford), for “Involving Global Citizens in Fact-Checking Efforts”
  • Dante Donati (CBS) and Lena Song (University of Illinois), for “Can we Talk about Race and Racism on Social Media? Evidence from a Feed Experiment”
  • Bo Cowgill (CBS) and Nataliya Langburg Wright (HBS, Columbia), for “AI, Cheap Talk, and Costly Signaling”
  • Oded Netzer (CBS), Christopher Frank (American Express), and Paul Magnone (Google), for “Leading in a data-driven World Initiative”
    • From Data Deluge to Building a Data-Driven Culture in the Digital Age (Blog Post)
  • Dan Wang (CBS) and Stephan Meier (CBS), for “Adoption of AI and Organizational Structure: Investigating a Missing Link”

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