What Should We Reasonably Expect From Artificial Intelligence?

Download This Paper Open PDF in Browser Add Paper to My Library Share: Permalink Using these links will ensure access to this page indefinitely Copy URL What Should We Reasonably Expect From Artificial Intelligence? 41 Pages Posted: 25 Jul 2022 See all articles by Leonardo ParentoniLeonardo ParentoniUFMG Law School Date Written: July 14, 2022 Abstract Artificial Intelligence (or just AI) is one of the most pervasive and cutting-edge technologies of our time. It is already present in a variety of sectors, such as agriculture, industry, commerce, education, professional services, smart cities, cyber defense, and so forth. However, there seems to be a misalignment between what AI systems can currently deliver to mankind and the results some people expect from it. This original misalignment leads to two unwanted outcomes. Firstly, some people expect results from AI that it – at least in its current stage of development – simply cannot deliver. Secondly, people are dissatisfied with what AI is already capable of providing, even though such provisions may be enough in many contexts.In this article, the author points out that this original misalignment stems from the false premise that AI systems should always provide high accuracy rates, many times higher than human standards, no matter the context. By unfolding different market applications included in the general term "AI", the author demonstrates that it is not a single, monolithic concept. On the contrary, AI embraces a wide variety of sector-specific applications, each of them with different purposes, inherent risks, and desired accuracy. The article then demonstrates that each purpose should target a different accuracy and transparency rate, on a case-by-case basis. Depending on the context, AI systems are more than welcome, even if they eventually provide accuracy or transparency rates lower than human standard. Consequently, the author advocates for a realignment of expectations fine tunned to 1) connecting the debate to what AI is both in the lab and in the field ; 2) better understanding its potential as well as its accepted levels of accuracy and transparency in each context, considering different purposes and inherent risks of the activity to be automated; and 3) providing more solid guidance to regulators, developers, and customers. Keywords: Artificial Intelligence, Accuracy, Transparency, Regulation, Innovation Suggested Citation: Suggested Citation Parentoni, Leonardo, What Should We Reasonably Expect From Artificial Intelligence? (July 14, 2022). Available at SSRN: https://ssrn.com/abstract=4162871 Leonardo Parentoni (Contact Author) UFMG Law School ( email ) Av. João Pinheiro, 100Belo Horizonte, Minas Gerais 30130-180Brazil Download This Paper Open PDF in Browser Do you have a job opening that you would like to promote on SSRN? Place Job Opening Paper statistics Downloads 11 Abstract Views 31 PlumX Metrics Related eJournals Machine Learning eJournal Follow Machine Learning eJournal Subscribe to this fee journal for more curated articles on this topic FOLLOWERS 387 PAPERS 4,672 Feedback Feedback to SSRN Feedback (required) Email (required) Submit If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday. Submit a Paper Section 508 Text Only Pages SSRN Quick Links SSRN Solutions Research Paper Series Conference Papers Partners in Publishing Jobs & Announcements Newsletter Sign Up SSRN Rankings Top Papers Top Authors Top Organizations About SSRN SSRN Objectives Network Directors Presidential Letter Announcements Contact us FAQs Copyright Terms and Conditions Privacy Policy We use cookies to help provide and enhance our service and tailor content. To learn more, visit Cookie Settings. This page was processed by aws-apollo4 in 0.157 seconds