Imperfect Oracle

Best-selling author Cass R. Sunstein outlines the promise and limits of artificial intelligence Imperfect Oracle is about the promise and limits of artificial intelligence. The promise is that in important ways AI is better than we are at making judgments. Its limits are evidenced by the fact that AI cannot always make accurate predictions-not today, not tomorrow, and not the day after, either. Natural intelligence is a marvel, but human beings blunder because we are biased. We are biased in the sense that our judgments tend to go systematically wrong in predictable ways, like a scale that always shows people as heavier than they are, or like an archer who always misses the target to the right. Biases can lead us to buy products that do us no good or to make foolish investments. They can lead us to run unreasonable risks, and to refuse to run reasonable risks. They can shorten our lives. They can make us miserable. Biases present one kind of problem, noise is another. People are...

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More by Cass R. Sunstein

More by Cass R. Sunstein