Anthropic has announced a collaboration with the University of Chicago’s Becker Friedman Institute for Economics (BFI) to explore the economic implications of artificial intelligence (AI). As part of this initiative, BFI faculty economists will gain access to Claude for Enterprise, along with training sessions on integrating AI into economic research and virtual workshops on measuring AI’s economic effects. This partnership builds on Anthropic’s Economic Index initiative, which tracks and analyzes AI’s evolving impact on the economy.
The accelerating pace of technological innovation presents growing challenges in assessing its effects on labor markets and broader society. By combining Anthropic’s research data with BFI’s deep economic expertise, the collaboration aims to enhance understanding of AI’s economic footprint. Key research areas include:
– **Productivity measurement**: Examining how AI adoption influences traditional productivity metrics across various industries;
– **Labor market transitions**: Investigating changes in job roles and required skills as AI becomes more prevalent;
– **Distributional impacts**: Assessing how different societal groups experience the benefits and challenges of AI.
“Economic tools are essential for comprehending the full scope of AI’s societal impact,” said Benjamin Krause, Executive Director at BFI. “This partnership offers a structured platform for University of Chicago economists to engage directly with data, enabling more rigorous and nuanced analyses that can shape policy discussions.”
“The Anthropic Economic Index provides foundational data, but unlocking its full research potential requires economists with expertise in labor markets, productivity dynamics, and policy analysis,” said Sarah Heck, Head of Policy, Programs and Partnerships. “BFI is an ideal collaborator due to its depth of knowledge and commitment to both theoretical insight and empirical research, which has made the University of Chicago economics department globally respected.”
— news from Anthropic
— News Original —
Today, we’re announcing a partnership with the University of Chicago ‘s Becker Friedman Institute for Economics (BFI) to study AI ‘s impact on labor markets and the economy. As part of this, we will equip BFI faculty economists with Claude for Enterprise access, provide training sessions on applying AI in economic research, and offer virtual workshops on our research to measure AI’s economic impacts. This partnership is an extension of our Economic Index initiative, which is dedicated to tracking and understanding AI’s effects on the economy over time.
The rapid pace of technological advancement is increasing the challenges in analyzing the resulting impacts across the labor market and throughout society. We aim to deepen our analysis of AI’s economic impacts by combining our research data with BFI ‘s distinguished economic expertise. This partnership offers BFI economists opportunities to examine questions including:
Productivity measurement: Investigating how AI adoption affects traditional measures of productivity across different sectors;
Labor market transitions: Analyzing shifts in occupational tasks and required skills as AI adoption increases;
Distributional impacts: Studying how AI benefits and challenges affect different segments of society.
“The tools of economics will aid us all in understanding the full implications of AI’s impact on society,” said Benjamin Krause, Executive Director at BFI. “This partnership creates a structured framework for University of Chicago economists to engage directly with the data, developing more rigorous and nuanced analyses that can inform policy discussions.”
“The Anthropic Economic Index provides a foundation of data, but maximizing its research value requires expertise from economists who understand labor markets, productivity dynamics, and policy implications,” said Sarah Heck, Head of Policy, Programs and Partnerships. “BFI represents an ideal partner given the breadth of expertise and commitment to both insightful theory and empirical research that has made the University of Chicago economics community world-renowned.”