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.
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The Economics of AI
University of VirginiaAbout this Course
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Advanced Level
1st Year MA/PhD sequence in economics or similar level of analytical skill at advanced undergraduate level
Approx. 28 hours to complete
English
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessWhat you will learn
how advanced artificial intelligence will affect our economy and our society
Flexible deadlines
Reset deadlines in accordance to your schedule.
100% online
Start instantly and learn at your own schedule.
Advanced Level
1st Year MA/PhD sequence in economics or similar level of analytical skill at advanced undergraduate level
Approx. 28 hours to complete
English
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessOffered by
Syllabus - What you will learn from this course
6 hours to complete
What is Intelligence?
6 hours to complete
15 videos (Total 117 min), 12 readings, 1 quiz
4 hours to complete
Modeling Technological Progress
4 hours to complete
20 videos (Total 136 min), 6 readings, 1 quiz
6 hours to complete
AI and Economic Growth
6 hours to complete
12 videos (Total 92 min), 6 readings, 1 quiz
5 hours to complete
Labor Markets and Inequality
5 hours to complete
12 videos (Total 99 min), 8 readings, 1 quiz
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