Type:Module/Course/Examination
Language:English
ECTS-Credits:3.0
Semester Hours per Week / Contact Hours:30.0 L / 22.5 h
Self-directed study time:67.5 h
Module coordination/Lecturers
- Ass.-Prof. Dr. Sebastian Stöckl
(Modulleitung)
Curricula
Cross faculty elective subjects (01.09.2014)Master's degree programme in Information Systems (01.09.2019)
Bachelor's degree programme in Architecture (01.09.2019)
Master's degree programme in Architecture (01.09.2019)
Master's degree programme in Entrepreneurship and Management (01.09.2020)
Master's degree programme in Finance (01.09.2020)
Bachelor's degree programme in Business Administration (01.09.2021)
Master's degree programme in Innovative Finance (01.09.2024)
Bachelor's degree programme in Architecture (01.09.2024)
Master's degree programme in Architecture (01.09.2024)
Description
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.
Lecture Goals
You learn how advanced artificial intelligence will affect our economy and our society.
Qualifications
Lectures Method
Online courses
Admission Requirements
English B1/B2
No previous experience necessary
Please note:The online course is provided via the platform of the provider Coursera, Inc. Here you can find more information about the processing of your data required for this: www.coursera.org/about/privacy . If you do not agree to the data processing, it will not be possible to study the course. In this case, please select one of the numerous on-campus courses.
Exam Modalities
see the course descriptions
Attenance min. 80% mandatory
Assessment
Grading
Exams
- P-FU_The Economics of AI (online course) (SS 25, in Planung)