Description
AI stories are everywhere but have you wondered what its impact will be on the economy? Join this webinar with economist and AI expert Seth Benzell, Assistant Professor at Chapman University and Digital Fellow at MIT's Initiative on the Digital Economy to gain valuable insights from a expert in the economics of digitization and automation.
Here is what Seth will cover:
Part 1: Introduction and Lessons from the Industrial Revolution
Delve into the transformative impacts of the Industrial Revolution and uncover parallels to today's technological advancements. Understand how historical shifts can inform current financial strategies.
Part 2: Automation and AI in Theory and Practice
Explore the theoretical foundations and practical applications of automation and artificial intelligence. Learn how these technologies are reshaping industries and the implications for financial advising.
Part 3: AI and the Future: Universal Basic Incomes (UBIs) and Beyond
Discuss forward-thinking concepts such as Universal Basic Income in the context of AI-driven economies. Evaluate potential economic models and their relevance to clients' financial planning.
Part 4: Digital Platforms, AI, Inequality, and Recap
Analyze the role of digital platforms and AI in contributing to economic inequality. Review key insights from the series and consider strategies to address these challenges in financial advising.
Part 5: Project Presentations and Debrief
Participants will present projects developed during the series, applying learned concepts to real-world scenarios. Engage in a comprehensive debrief to consolidate knowledge and discuss actionable takeaways.
Learning Objectives
Examine Historical and Economic Trends – Analyze lessons from the Industrial Revolution to identify parallels with modern technological advancements, helping to anticipate AI’s potential impact on financial markets and economic structures.
Assess AI's Role in Automation and Economic Policy – Explore the theoretical foundations and real-world applications of AI and automation, evaluating their effects on industries, labor markets, and financial advising strategies.
Evaluate Economic Models and Financial Planning Strategies – Investigate forward-looking economic models, such as Universal Basic Income and the influence of digital platforms on inequality, to develop informed financial strategies for clients navigating AI-driven economies.