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The Economics of AI (online course)

The Economics of AI (online course)

Studiengänge
Fakultätsübergreifende Wahlfächer (FAWA 14) (01.09.2014)
Masterstudiengang Wirtschaftsinformatik (MSc WI 19) (01.09.2019)
Bachelorstudiengang Architektur (BSc AR 19) (01.09.2019)
Masterstudiengang Architektur (MSc AR 19) (01.09.2019)
Masterstudiengang Entrepreneurship und Management (MSc EM 20) (01.09.2020)
Masterstudiengang Finance (MSc FI 20) (01.09.2020)
Bachelorstudiengang Betriebswirtschaftslehre (BSc BWL 21) (01.09.2021)
Masterstudiengang Innovative Finance (MSc IF 24) (01.09.2024)
Bachelorstudiengang Architektur (BSc AR 24) (01.09.2024)
Masterstudiengang Architektur (MSc AR 24) (01.09.2024)
This course is provided through Coursera and is offered by the University of Virginia.

The Economics of AI

The course introduces you to cutting-edge research in the economics of AI and the implications for economic growth and labor markets. We start by analyzing the nature of intelligence and information theory. Then we connect our analysis to modeling production and technological change in economics, and how these processes are affected by AI. Next we turn to how technological change drives aggregate economic growth, covering a range of scenarios including a potential growth singularity. We also study the impact of AI-driven technological change on labor markets and workers, evaluating to what extent fears about technological unemployment are well-founded. We continue with an analysis of economic policies to deal with advanced AI. Finally, we evaluate the potential for transformative progress in AI to lead to significant disruptions and study the problem of how humans can control highly intelligent AI algorithms.

Instructor: Anton Korinek, University of Virginia

This module consists of 6 courses.

Course 1: What is Intelligence?
Course 2: Modeling Technological Progress
Course 3: AI and Economic Growth
Course 4: Labor Markets and Inequality
Course 5: Economic Policy in the Age of AI
Courses 6: The Economics of Transformative AI

The course starts on 10th of February 2025.
The course must be completed by 23rd of May 2025.

All parts of this course are free of charge.
Lehrmethode
Online courses
Lernziele
You learn how advanced artificial intelligence will affect our economy and our society.
Prüfungsmodalitäten
see the course descriptions

Attenance min. 80% mandatory
Examination
Grading
Modulnummer:
5912387
Semester:
SS 25
ECTS-Credits:
3
Lehre:
30 L / 23 h
Selbststudium:
68 h
Sprache:
Englisch