This class continues our discussion of Artificial Intelligence from our spring course (not a prerequisite). We will discuss some important issues in AI, including alignment, bias in the models, regulatory frameworks, and possible economic effects both bad and good. Questions we will discuss: What could happen if an AI is not aligned with humans and what can we do about it? Will AIs be biased against particular groups? Could regulation help solve the alignment or bias problems? Will AIs displace most labor? What jobs are at risk? Will AIs increase inequality? Will they increase the economic gaps between the developed world and the developing world? The intent of the class is to explore some of the major issues, so that people can better understand the current debate.
Dennis Sheehan, Ph.D. is professor emeritus of finance at the Penn State University Smeal College of Business. He previously taught in the business schools at Purdue University, the University of Chicago, and the University of Rochester. He earned a bachelor’s degree in economics from Georgetown University and received his Ph.D. in economics from the University of California at Berkeley. Dennis is happily retired in his hometown of Newport.