Makro-Pic Seminar: Automation and Economic Development

Block Seminar: June 20, Room VG 1.106 and June 20, Room VG 1.106.
Kickoff Meeting: April 16, 4_15pm-5pm, Room VG 2.105
Application: until Apri 23
Enrollment in Flexnow: April 23 - June 19.
Essay Submission: until tba, 3:00 pm.
Seminar Info: info
Supervision: Dr. Matthias Beulmann email

In our seminar series on automation and development we focus this time on artificial intellegence. The introductory reading for all participants is Aghion, P., Jones, B. F., & Jones, C. I. (2017): Artificial intelligence and economic growth. link to article. This article is also the basis of Lecture 9 of my course "Advanced Economic Growth". Participation in the course is recommended but not requested to participate in the seminar.

Themes

1. GPTs are GPTs: Labor market impact potential of LLMs

Reference: Eloundou, T., Manning, S., Mishkin, P., & Rock, D. (2024). GPTs are GPTs: Labor market impact potential of LLMs. Science, 384(6702), 1306-1308 (including the online supplementary material).

2. Artificial intelligence and jobs: Evidence from online vacancies

Reference: Acemoglu, D., Autor, D., Hazell, J., & Restrepo, P. (2022). Artificial intelligence and jobs: Evidence from online vacancies. Journal of Labor Economics, 40(S1), S293-S340.

3. New technologies and jobs in Europe

Reference: Albanesi, S., Dias da Silva, A., Jimeno, J. F., Lamo, A., & Wabitsch, A. (2024). New technologies and jobs in Europe. Economic Policy, forthcoming

4. Artificial intelligence and jobs: Evidence from us commuting zones

Reference: Bonfiglioli, A., Crino, R., Gancia, G., & Papadakis, I. (2024). Artificial intelligence and jobs: Evidence from us commuting zones. Economic Policy, forthcoming.

5. Artificial intelligence and industrial innovation: Evidence from German firm-level data

Reference: Rammer, C., Fernández, G. P., & Czarnitzki, D. (2022). Artificial intelligence and industrial innovation: Evidence from German firm-level data. Research Policy, 51(7), 104555.

6. The short-term effects of generative artificial intelligence on employment

Reference: Hui, X., Reshef, O., & Zhou, L. (2024). The short-term effects of generative artificial intelligence on employment: Evidence from an online labor market. Organization Science, 35(6), 1977-1989.

7. The simple macroeconomics of AI

Reference: Acemoglu, D. (2024). The Simple Macroeconomics of AI. Economic Policy, 39(120).

8. The fall of the labor share and the rise of superstar firms

Reference: Autor, D., Dorn, D., Katz, L. F., Patterson, C., & Van Reenen, J. (2020). The fall of the labor share and the rise of superstar firms. The Quarterly Journal of Economics, 135(2), 645-709.

9. New frontiers: The origins and content of new work

Reference: Autor, D., Chin, C., Salomons, A., & Seegmiller, B. (2024). New frontiers: The origins and content of new work, 1940–2018. The Quarterly Journal of Economics, qjae008.

10. Will the AI revolution cause a great divergence?

Reference: Alonso, C., Berg, A., Kothari, S., Papageorgiou, C., & Rehman, S. (2022). Will the AI revolution cause a great divergence?. Journal of Monetary Economics, 127, 18-37.

11. Preparing for the (non-existent?) future of work

Reference: Korinek, A., & Juelfs, M. (2022). Preparing for the (non-existent?) future of work (No. w30172). National Bureau of Economic Research.

12. What will drive global economic growth in the digital age?

Reference: Growiec, J. (2023). What will drive global economic growth in the digital age?. Studies in Nonlinear Dynamics & Econometrics, 27(3), 335-354.

13. Are we approaching an economic singularity?

Reference: Nordhaus, W. D. (2021). Are we approaching an economic singularity? Information technology and the future of economic growth. American Economic Journal: Macroeconomics, 13(1), 299-332.

14. The AI dilemma: growth versus existential risk

Reference: Jones, C.I. (2023). The AI Dilemma: Growth versus Existential Risk, Discussion Paper. Stanford University.

15. AI-tocracy

Reference: Beraja, M., Kao, A., Yang, D. Y., & Yuchtman, N. (2023). AI-tocracy. The Quarterly Journal of Economics, 138(3), 1349-1402.