Is ChatGPT Confident About Its Answer or Just Bluffing?
A meter could calibrate the uncertainty of AI’s predictions.
Is ChatGPT Confident About Its Answer or Just Bluffing?Academic Areas Applied AI Faculty and Research
Booth’s Applied AI academic area is driving the future of artificial intelligence with bold research and world-class faculty.
From research that explores the advancement and impact of LLMs to studying the ways in which AI can improve decision-making, our scholars are advancing the science behind AI and its real-world applications. They tackle urgent questions about fairness in algorithms, decision-making in organizations, and the evolving relationship between humans and intelligent machines.
This work doesn’t just push boundaries—it redefines them. Booth researchers are shaping how AI enhances productivity, personalizes learning, improves healthcare, and expands access to opportunity. The insights generated here are helping to build a more responsible, effective, and equitable AI-powered world.
Applied AI Faculty
At Booth, our faculty have the freedom to shape their courses around emerging topics and their own cutting-edge research. In the Applied AI academic area, this leads to dynamic, forward-looking courses.
In Generative Thinking, for instance, faculty guide students through the foundations of generative AI—its core technologies, real-world applications, and broader societal implications—while examining the ethical and legal questions these tools raise. And in AI and Financial Information, students gain the skills to build AI-first companies, manage AI-powered products, and evaluate AI-driven investments.
Across the curriculum, Booth’s Applied AI courses are designed to align with both the latest advances in the field and the real demands of today’s business landscape. Learn more about our faculty, their research, and the courses they teach.
Featured Research in Chicago Booth Review
Discover some of the latest AI research from Booth faculty.
Specialized Data Could Improve AI
Creating a focused dataset to train models led to higher accuracy and lower toxicity.
Specialized Data Could Improve AI
Turning Weak Signals into Strong Predictions
Why some machine learning models unlock economic forecasting potential.
Turning Weak Signals into Strong PredictionsOur MBA Concentrations in This Area
Applied AI
Explore how AI is transforming business—and the world. Gain the skills to lead in an AI-driven world with Booth’s Applied AI MBA concentration.
Applied AI
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Accounting Faculty in the News
Meme stock revival: UChicago’s Alex Imas on Beyond Meat’s meme rally
October 23, 2025 | CNBC Squawk Box
Chicago Booth’s Alex Imas weighs in on the recent rally behind Beyond Meat and how it fits into the broader meme stock trend.
Chicago business schools lean into AI as job market evolves
August 22, 2025 | Crain’s Chicago Business
Chicago Booth’s new AI concentration for MBA students aims to prepare students for the leadership challenges of AI adoption. “Booth’s approach to AI education emphasizes critical thinking and intellectual independence,” says Booth’s Sanjog Misra. “The goal is not conformity but originality.”
China’s AI hype machine kicks into overdrive
March 13, 2025 | Bloomberg
Chicago Booth’s Bradford Levy discusses the rising popularity of AI in China. “The Chinese economy is on shaky ground right now. By fanning the hype around it, Beijing generates interest in their own firms.”
Apply to Faculty Positions
Learn more about applying to our open faculty positions and joining the world-renowned faculty at Booth.
Apply to Faculty Positions
Learn About Our Research Workshops
Our research workshops provide a forum for faculty, PhD students, and invited guests to present, discuss, and debate new research.
Learn About Our Research WorkshopsResearch Centers in This Area
Research centers across Booth and the University of Chicago are hubs for innovation and world-changing research. The centers provide our faculty with research support, and our faculty members lend their expertise to the centers, enriching the student experience and the broader academic community at Booth.
Center for Applied Artificial Intelligence
This center supports researchers from across Booth and UChicago in making revolutionary advances in the applications of AI. Their work touches fields as diverse as finance, healthcare, public policy, education, and behavioral science.
Center for Applied Artificial Intelligence