Alicia von Schenk Leads New Chair for AI in Würzburg

Alicia von Schenk has established the Chair for "Economics of AI" at the University of Würzburg at just 30 years old. Her appointment comes amid rapid growth of Artificial Intelligence (AI) in Germany. The chair aims not only to explore the economic aspects of AI but also to shed light on its societal impacts. Von Schenk emphasizes that the current hype surrounding AI should not be viewed solely as a technological revolution. She calls for a deeper examination of the boom's facade and an analysis of the long-term implications for the economy and society.

Her research will focus on the interactions between AI technologies and economic models. The professor has already initiated several research projects that deal with the implementation of AI across various industries. A key focus is on analyzing how companies can leverage AI to enhance their efficiency and develop new business models. This also includes investigating ethical questions associated with the use of AI. A central concern for von Schenk is the education of the next generation of professionals in the field of AI.

She plans to offer interdisciplinary degree programs that cover both technical and economic aspects of AI. This aims to ensure that graduates possess not only technical knowledge but also an understanding of the economic and societal challenges. The University of Würzburg has increasingly invested in the field of Artificial Intelligence in recent years. The new chair is part of a comprehensive strategy aimed at expanding research and teaching in this promising field. The university positions itself as one of the leading locations for AI research in Germany.

Von Schenk highlights that collaboration with industry will be an essential component of her work. She plans to establish partnerships with companies to realize practical research projects. These collaborations are intended to help bridge the gap between academic research and industrial application. The professor is convinced that Artificial Intelligence has the potential to transform many areas of life. However, she warns against viewing the technology uncritically.

The challenges associated with the introduction of AI must be carefully weighed to avoid negative consequences. A specific example of the challenges von Schenk addresses is the issue of job security. Automation through AI could lead to job losses in many sectors. Von Schenk calls for a comprehensive discussion about the social and economic consequences of these developments. The University of Würzburg plans to officially inaugurate the new chair in the summer semester of 2026.

At that time, von Schenk will offer her first courses aimed at students from various disciplines. The initial courses will focus on the fundamentals of Artificial Intelligence and its economic applications. “We must ensure that the next generation of leaders is capable of understanding the opportunities and risks of Artificial Intelligence,” says von Schenk. Her vision is to create a platform that promotes exchange between science, industry, and society.