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13min chapter
385: AI Snake Oil
Tech Policy Podcast
The Illusion of Predictability in Decision-Making
This chapter explores the intricacies of automated decision-making systems and how individuals exploit them to gain advantage. Discussing Goodhart's Law and the role of luck in success, the speakers highlight the limitations of AI in predicting human behavior and the unintended consequences of relying on metrics. They advocate for a reevaluation of institutional practices to address the randomness that significantly impacts outcomes in sectors like education and career progression.
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