Arbeitspapier
The Political Economy of AI: Towards Democratic Control of the Means of Prediction
This chapter discusses the regulation of artificial intelligence (AI) from the vantage point of political economy, based on the following premises: (i) AI systems maximize a single, measurable objective. (ii) In society, different individuals have different objectives. AI systems generate winners and losers. (iii) Society-level assessments of AI require trading off individual gains and losses. (iv) AI requires democratic control of algorithms, data, and computational infrastructure, to align algorithm objectives and social welfare. The chapter addresses several debates regarding the ethics and social impact of AI, including (i) fairness, discrimination, and inequality, (ii) privacy, data property rights, and data governance, (iii) value alignment and the impending robot apocalypse, (iv) explainability and accountability for automated decision-making, and (v) automation and the impact of AI on the labor market and on wage inequality.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 16948
- Klassifikation
-
Wirtschaft
Economic Systems: General
- Thema
-
machine learning
regulation
fairness
privacy
value alignment
explain-ability
automation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kasy, Maximilian
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2024
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kasy, Maximilian
- Institute of Labor Economics (IZA)
Entstanden
- 2024
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