Economic and Policy Implications of Artificial Intelligence

Catalog description

The rapid evolution of artificial intelligence (AI) brings both great promise and daunting challenges for the future of humanity. This course examines the impacts of AI from an economist's perspective. We will present the economic framework conventionally used for thinking about technology in the macroeconomy and extend it to analyze the implications of AI. A special focus will be on the disparate labor market consequences of AI and policy measures to address these challenges. Additionally, we will explore, at a more micro-level, the issues of machine bias and algorithmic fairness and discuss the policy implications.