Curriculum The Economics of Artificial Intelligence
The Economics of Artificial Intelligence
How the AI industry works - chips, data, open and closed models, market power, energy use, regulation, inequality, India's AI push and AI in science.
- How the AI Industry Is Organised The layers of the AI industry, from chips and cloud computing to models and applications, and where profits and power concentrate. 📄 Read-aloud
- Why AI Runs on GPUs Why graphics chips became the engine of artificial intelligence, how Nvidia came to dominate, and the race to build alternatives. 📄 Read-aloud
- Data: The Raw Material of AI Why AI models need vast amounts of data, the legal fights over using copyrighted work for training, and concerns about running out of high-quality data. 📄 Read-aloud
- Open vs Closed AI Models The difference between AI models whose inner workings are released publicly and those kept private, and the economic and safety arguments on each side. 📄 Read-aloud
- Will AI Be Dominated by a Few Firms? The forces that could concentrate AI in a handful of large companies, the forces pushing toward competition, and how regulators are responding. 📄 Read-aloud
- AI's Energy and Water Appetite How the data centres behind AI use growing amounts of electricity and water, the effects on power grids and climate goals, and how companies are responding. 📄 Read-aloud
- The Economics of Artificial Intelligence: Checkpoint 1 Quick checkpoint - five questions on the AI stack, chips, data, open models, market power and energy. 5 questions
- Regulating AI How governments are approaching AI regulation, from the European Union's risk-based AI Act to lighter-touch approaches, and the economic trade-offs involved. 📄 Read-aloud
- AI and Inequality Whether AI will widen or narrow gaps between workers, firms and countries, and what early evidence and theory suggest. 📄 Read-aloud
- India and AI India's strategy to build AI capabilities, from the IndiaAI Mission and shared computing to Indian-language models, and its advantages and challenges. 📄 Read-aloud
- AI Translation and Language Barriers How machine translation and speech technology are lowering language barriers to trade, services and information, and who benefits. 📄 Read-aloud
- AI in Science and Discovery How AI is accelerating scientific research, from predicting protein structures to discovering materials, and why this could matter for long-run growth. 📄 Read-aloud
- Managing AI Risks: An Economic View How economists think about the risks of AI, from misuse and accidents to concentration of power, using tools like externalities and public goods. 📄 Read-aloud