Back to selection
55048-01 - Lecture: The AI Economy: Business Strategies and Policy Issues (3 CP)
| Semester | fall semester 2023 |
| Course frequency | Irregular |
| Lecturers | Stephen Weymouth (stephen.weymouth@unibas.ch) |
| Content | New business strategies driven by digitalization, big data, and artificial intelligence (AI) are disrupting economies and sparking new types of political conflict. On one hand, these technologies promise an economic transformation ripe with novel conveniences, more efficient production, and material and cultural bounty. On the other hand, technology will also fundamentally change manufacturing processes and services delivery, potentially eliminating jobs and increasing inequality. Unless properly managed, this economic transformation may create deep political conflicts between its beneficiaries and those left behind. These divisions threaten crises in governance, global capitalism, and geopolitics. This course will examine a host of novel business strategies that have permitted so-called “high tech” firms to enter markets and revolutionize the nature of competition. These strategies include both market-based and non-market-based strategies that have enabled stunning financial success of these companies. Yet, recently a growing chorus of questions has arisen regarding whether these strategies, including “zero-pricing”, purchase of nascent competitors and “self-preferencing” are pro- or anticompetitive. The course will examine the emergence of these strategies, and their corollary policy tensions, with the goal of advancing students’ ability to discern the merits of both existing and proposed regulations governing these firms. The course will end with a “live exercise” in which students debate alternative positions regarding the merits of specific new business strategies. |
| Weblink | Weblink |
| Admission requirements | Recommended Prerequisites: Introduction to Business (Grundlagen der Betriebswirtschaftslehre, 10125) Introduction to Economics (Einführung in die Volkswirtschaftslehre, 10130) Globalization and European Integration (Globalisierung und europäische Integration, 34504) |
| Course application | Please register by sending an email to summerschool-wwz@unibas.ch no later than by June 30, 2023. All further information can be found on the website of the Summer School. The enrollment for the course is at the same time the final registration for the exam!. |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| Block | See individual dates | ||
Dates
| Date | Time | Room |
|---|---|---|
| Monday 07.08.2023 | 09.45-12.15 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S13 HG.35 |
| Tuesday 08.08.2023 | 09.45-12.15 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S13 HG.35 |
| Wednesday 09.08.2023 | 09.45-12.15 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S13 HG.35 |
| Thursday 10.08.2023 | 09.45-12.15 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S13 HG.35 |
| Monday 14.08.2023 | 09.45-12.15 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S13 HG.35 |
| Tuesday 15.08.2023 | 09.45-12.15 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S13 HG.35 |
| Wednesday 16.08.2023 | 09.45-12.15 | Juristische Fakultät, Seminarraum S6 HG.52 |
| Wednesday 16.08.2023 | 09.45-12.15 | Juristische Fakultät, Seminarraum S7 HG.50 |
| Thursday 17.08.2023 | 09.45-12.15 | Juristische Fakultät, Seminarraum S6 HG.52 |
| Thursday 17.08.2023 | 09.45-12.15 | Juristische Fakultät, Seminarraum S7 HG.50 |
| Modules |
Electives Bachelor Business and Economics: Recommendations (Bachelor's Studies: Business and Economics (Start of studies before 01.08.2021)) Electives Bachelor Business and Economics: Recommendations (Bachelor's degree subject: Business and Economics (Start of studies before 01.08.2021)) Modul: Wahlbereich in Wirtschaftswissenschaften (Bachelor's degree subject: Business and Economics) Module: Electives in Data Science (Master's Studies: Data Science) Wahlbereich innerfakultär: Zusätzliches Lehrangebot (Bachelor's Studies: Business and Economics) |
| Assessment format | record of achievement |
| Assessment details | Final grades will be determined by class participation, one in-class presentation with accompanying written submission and 24-hour take-home final examination. You are expected to attend every class. |
| Assessment registration/deregistration | Registration/deregistration: faculty |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |