Trust and Risk in AI Decision-Making

This chapter explores the intricate themes of risk and trust related to AI, emphasizing the vital need for assurance, accountability, and human oversight in autonomous systems. It discusses the tension between AI's demonstrated accuracy and public distrust, alongside recent regulatory developments like New York City's law 144, which mandates bias risk audits for AI in hiring. The chapter highlights the growing need for comprehensive standards and regulatory frameworks, contrasting the EU's proactive measures with the current state of AI regulation in the U.S.