Theory of the Firm Lesson 1 03-10-20234.pdfTheory of the Firm Lesson 1 03-10-20234.pdf

Module Summary: The summary poses a thought-provoking question about the power dynamic between humans and businesses in the AI era. It also introduces the concept of the "theory of the firm" which is a framework used to study and understand how firms operate.

•Prerequisite: This course doesn't have any prerequisites. It's likely suitable for students from various backgrounds.

•Module Aims: The aim of the course is to equip students with the ability to discuss their own thoughts about the future of business management. Students will be able to understand the traditional theory of the firm and then apply it to a world where AI is becoming increasingly influential. They'll be able to think about the impact of AI on business-society relationships and the long-term future of businesses in a technologically advanced world.