How does information about AI regulation affect managers’ choices?
Source: The Brookings Institution
In this Brookings Institute contribution, Mariano-Florentino Cuéllar, et al. explore whether organizations embrace measures of the self-regulation of AI and how decisions of policymakers or courts affect the use of AI systems.
Based on an online survey, the contribution sums up their observations of how managers have changed their perceptions of the importance of various AI-related ethical issues and their intent to adopt AI technologies.
Their findings imply that AI regulation slows innovation through potentially lowering adoption, but at the same time it improves consumer welfare through increased safety and heightened attention to issues including bias and discrimination.