New York University's Information Law Institute in collaboration with the White House is slated to host an extensive public symposium on Thursday, July 7 in a bid to focus on the near-term influence of AI (artificial intelligence) technologies across the economic and social systems.

A brand-new series of workshops and an inter-agency working group that will delve into understanding more about the advantages and hazards of artificial intelligence was announced by the White House on May 3, 2016.

There is a lot of excitement surrounding artificial intelligence and how to create computers that are capable of intelligent behavior.

Following years of consistent but sluggish progress on making computers smarter at mundane tasks, a slew of developments in the research community and industry have recently sparked momentum and investment in the advancement of this work.

The Social and Economic Implications of AI Technologies in the Near-Term will concentrate on problems of the next five to 10 years, particularly focusing on four themes; What impact AI will have on social inequality, ethics, healthcare and labor. Leaders from civil society, academia and industry will share ideas for policy directions, research and technical design.

The goal is to magnify the views of those with considerable experience and insight across the four areas, with an intention to build new bridges across different communities, according to a post on New York University official website.

AI Now currently runs at NYU's Skirball Center for the Performing Arts from 5:30 p.m. to 8 p.m.

Check out the list of speakers below:

Roy L. Austin: Serves as Deputy Assistant to the President for Urban Affairs, Justice and Opportunity, White House Domestic Policy Council

Genevieve Bell: Senior Fellow and Vice President at the corporate strategy office of Intel Corp.

R. David Edelman: Currently serves as Special Assistant to the President for Economic and Technology Policy, White House National Economic Council

Edward Felten: Deputy U.S. Chief Technology Officer at White House Office of Science and Technology Policy

Jason Furman: Serves as the Chairman of the White House Council of Economic Advisors

Alicia Glen: Deputy Mayor, Deputy Mayor for Housing and Economic Development for New York City

Yann LeCun: Director of Artificial Intelligence Research, Facebook

Alondra Nelson: The Dean of social science at Columbia University

Mustafa Suleyman: Co-founder and Head, Applied AI at Google DeepMind

Latanya Sweeney: Professor of government and technology at Harvard

Nicole Wong: Former U.S. Deputy Chief Technology Officer, concentrating on Internet, privacy and innovation policy

The symposium is free and open to public. Those interested in registering or simply checking the schedule of events can find the details at www.artificialintelligencenow.com; the conference will be live-streamed on the same site.

AI Now is one among four public workshops the White House Office of Science and Technology Policy is co-hosting on artificial intelligence. Previous events were held at the University of Washington, Seattle, Wash. and Carnegie Mellon University, Pittsburgh, Pa.