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International Office of the Faculty
International Office of the Faculty

Courses offered in English Language

Course name   The robots are coming: Evaluating the economics of generative Al
Lecturer, Professorship   Prof. Dr. Torsten Heinrich,
M.Phil. Nils Rochowicz,
Chair of Microeconomics
Term   Winter
Course level   Graduate (Master)
CP (ECTS)   5
Course description   Generative AI is a branch of artificial intelligence that can create new content, such as images, text, music, or speech, from data. Large language models are a type of generative AI that can produce natural language texts on various topics and domains. Large language models have many applications, such as summarizing, translation, dialogue, and content generation.They are already being used to create texts as diverse as newspaper articles, scientific papers, financial disclosure statements, marketing, as well as writing software. However, large language models also pose some challenges and risks, such as reliability and factual correctness. How can we ensure that the texts generated by large language models are accurate, consistent, and trustworthy? How can we measure and improve the quality and credibility of the generated texts? How can we avoid or mitigate the negative impacts of misinformation, bias, and plagiarism? In this seminar, you will have the opportunity to experiment with writing different texts with generative AI tools. You will also learn how to critically evaluate the generated texts in terms of their strengths and weaknesses, such as readability, coherence, originality, relevance, trustworthiness, and ethics. At the end of the seminar, you will submit a thesis that analyzes and compares the pros and cons of the texts generated by generative AI.
Further information on the course  

Organisation:
Students will write a term paper and present it at the end of the term. Topics will be assigned at the beginning of the term. There will be a presentation session over one or two days (depending on the number of participants) at the end of term. Students will be assigned a supervisor and are expected to stay in touch with the supervisor while working on the term paper. The beginning of the seminar will feature an introduction to the topic of the seminar and to scientific writing.
Examination:
There will be no examination. Students will write a term paper and present it in class.
You can find informations about the schedule here and further information on the course at the chairs website.

Sign-up procedure   You will find more information as well as the link for the registration on OPAL.