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Ep313 - Avi Goldfarb & Ajay Agrawal | Prediction Machines: The Simple Economics of AI

Talks at Google

00:00

AI Judgment

You cannot use the prediction without actually just explicitly saying what you value in that opens up risk. How much are you willing, once you have a good prediction on survival under different treatments, for example, you need to explicitly say this is the threshold where it's worth it to save this person. And so that becomes just a first order issue because you've specified it, it can be audited. That can be a legal challenge and a liability challenge and something that you just need to get our heads around.

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