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The economic point of AI decision systems is that they can make an automated decision for $0.0001 of computer time, instead of $10 for a few minutes of an exper
by tlb 7y ago
The economic point of AI decision systems is that they can make an automated decision for $0.0001 of computer time, instead of $10 for a few minutes of an expert's time. For something like spam filtering, you obviously need the cheap solution. But you don't need that for the social interventions where you're making a decision about parole or something. You can spend $10 (or $1000) of people's time to make those decisions, because both their volume and impact is at human scale.
- streetcat1 7y agoMoreover, the big advantage of AI is consistency. I.e. it does not get tired, bored, lose motivation, etc. Hence it might better to get 70% correct answer all of the time, than 90% (human) some of the time.
- KnightOfWords 7y agoOn hard problems these AIs are doing no better than chance. Nor is a badly trained AI in any way consistent.