Why AI Owners and AI Users Have Conflicting Interests?

If you make and commercialize high quality #AI, you are also likely to have conflicting interests with users. Here’s why. #MachineLearning #AIeconomics #incentives #economics pic.twitter.com/J8oorXo1dh
— ivanjureta (@ivanjureta) February 22, 2018
How many options will be identified when a decision needs to be made? How much thought will go into developing a robust rationale for each option? Doing both of these takes effort. Unless there are incentives to invest effort, a decision will be made from one or few low quality options. That is a simple…
Does the EU AI Act apply to most, if not all software? It is probably not what was intended, but it may well be the case. The EU AI Act, here, applies to “artificial intelligence systems” (AI system), and defines AI systems as follows: ‘artificial intelligence system’ (AI system) means software that is developed with…
To say that something is able to decide requires that it is able to conceive more than the single course of action in a situation where it is triggered to act, that it can compare these alternative courses of action prior to choosing one, and that it likes one over all others as a result…
Let’s start with the optimistic “yes”, and see if it remains acceptable. Before we get carried away, a few reminders. For an LLM to be a source of competitive advantage, it needs to be a resource that enables products or services of a firm “to perform at a higher level than others in the same…
The Algorithmic Accountability Act of 2022, here, is a very interesting text if you need to design or govern a process for the design of software that involves some form of AI. The Act has no concept of AI, but of Automated Decision System, defined as follows. Section 2 (2): “The term “automated decision system”…
We should reduce the cost of authorship and create an incentive mechanism that generates and assigns credibility to authors in a community.