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How Will AI Fundamentally Transform Our Economy?

When the globe’s most powerful nations needed guidance on how artificial intelligence might affect their collective economies, they turned to the University of Virginia’s Anton Korinek. UVA Today caught up with Korinek while he was on a plane returning from San Francisco, where he organized a conference and presented a talk called “The Economics of Transformative AI.” Read More

The Fed Eases Rates But What Comes Next?

The Federal Reserve on Wednesday announced another interest rate cut of 0.25%, taking the target range to 4.25%-4.50%, a full 1% lower since September. Two more 0.25% cuts are on the table for 2025, with the Fed eyeing a policy rate of 3.75%-4% by year-end. Chair Jerome Powell emphasized a more cautious approach to rate cuts going forward, emphasizing his view that the current Fed funds rate properly balances the Fed’s dual mandate of maximum employment and stable prices. Read More

What’s Your Favorite Holiday Ad? We Asked UVA Marketing Experts for Theirs

Themed advertisements have long been a staple of the holiday season, with roots in the 1930s and Coca-Cola’s use of Santa Claus sporting the company’s main color in the Saturday Evening Post. With the rise of television in the mid-20th century, holiday broadcast ads gained popularity and left lasting impressions. When USA Today published its list of memorable Christmas commercials in December 2023, it included spots from five different decades. Read More

UVA Darden Conference Links Ethical Value Chain to AI Boom

As AI-powered industries barrel headlong into an unknown future, the University of Virginia Darden School of Business is grappling with the many implications of AI’s peril and promise. At the recent conference hosted by the LaCross Institute for Ethical Artificial Intelligence inBusiness, speakers from academia, government and industry sought to make sense of the once-in-a-generation technological marvel and the extraordinary ethical complications. Read More

The Darden Stories You Liked Most in 2024

Another banner year for the University of Virginia Darden School of Business is coming to a close, and we are reflecting on some of the biggest stories of 2024. Between record rankings, new building projects on Grounds, students and alumni making moves in the business world, and Darden experts giving insights on a tumultuous year in the news, our readers had a lot to catch up on. Here’s a round-up of our top Darden Report stories of the year and audience favorites. Read More

Vox Names Darden’s Anton Korinek to ‘Future Perfect 50’ List

This year, University of Virginia Darden School of Business professor Anton Korinek is among the select honorees appearing on the “Future Perfect 50” list compiled by Vox Media. Korinek also serves as a UVA professor of economics. Read More