Alicia von Schenk Leads Chair for AI Economics

Alicia von Schenk has established the chair for "Economics of AI" at the University of Würzburg at just 30 years old. Her focus is on analyzing the economic impacts of Artificial Intelligence (AI). In a recent interview, she expressed critical views on the current hype surrounding AI technologies and emphasized the need to look beyond the facade of the hype. The professor, who previously worked at renowned institutions such as the University of Mannheim and Stanford University, sees AI not only as a technological revolution but also as a challenge for society. She calls for a nuanced examination of the opportunities and risks associated with the implementation of AI systems.

"We need to understand how AI is changing our work environment and what social implications this has," von Schenk explained. A central concern for von Schenk is the education of future professionals in the field of AI economics. She plans to develop interdisciplinary study programs that cover both technical and economic aspects of AI. "It is crucial that our students not only understand the technology but also the economic frameworks in which it is applied," said the professor. The University of Würzburg has already formed partnerships with various companies to promote practical projects in the field of AI development.

These partnerships aim to enable students to work directly on real challenges and develop innovative solutions. "We want to build bridges between science and industry," emphasized von Schenk. Another focus of her research is the analysis of market structures influenced by AI. Von Schenk investigates how AI alters competitive conditions in various industries and what new business models may emerge from this. "The economy must adapt to leverage the benefits of AI," she stated.

The professor also sees the necessity of developing ethical standards for the use of AI. She calls for stronger regulation and transparency to ensure that AI systems are used responsibly. "We must ensure that AI is not only efficient but also fair," von Schenk explained. The establishment of the chair for "Economics of AI" is part of a broader initiative by the University of Würzburg aimed at strengthening its position as a leading institution in AI research. The university plans to establish further research projects and study programs in this area in the coming years.

"We want to play a central role in AI research," said von Schenk. The discussion about the impacts of AI on society is becoming increasingly intense. Experts warn of potential negative consequences, such as job losses and growing inequality. Von Schenk emphasizes that it is important to openly discuss these issues and find solutions that include all societal groups. "We need to engage in a dialogue that hears all voices," she urged.

The University of Würzburg plans to offer a series of public lectures and workshops on the topic of AI and economics in the upcoming semester. These events aim to raise awareness of the challenges and opportunities presented by AI. "We want to involve the public in the discussion," said von Schenk. The first students of the new program are expected in the winter semester of 2026/2027. The university has already received numerous applications and anticipates high interest in the interdisciplinary approach. "We are excited about the ideas and innovations our students will develop," concluded von Schenk.