[hgoel]

The challenge I think is that students then struggle because they used AI throughout the semester and didn't actually learn. The proper response would be to be strict and fail students that don't perform to a satisfactory level, but this messes with the funding incentives.

You can only lead a horse to water, you can't make it drink. Maybe a student's sincerity should play a larger role in the admission process, maybe with a sharp expense curve such that students judged to be more sincere have to pay less tuition. It is an inherently subjective evaluation though.

Edit: I completely misread your comment. Asking students to build a model is not a finance class anymore.

[hackermailman]

It's a welfare economics theory course that requires many frameworks with measures where you are maximizing some graphical representation. It also requires assumptions to work and can be visualized in a model where you can see what happens when one of the assumptions doesn't hold.

For example the old and new Berkeley model to study rent control effect on market prices

[hgoel]

I should've been clearer, I meant AI model. If you're referring to financial models, then yeah, that can be a reasonable direction.