Algorithmic Black Swans – “Organizations building AI systems do not bear the costs of diffuse societal harms and have limited incentive to install adequate safeguards. Meanwhile, regulatory proposals such as the White House AI Bill of Rights and the European Union AI Act primarily target the immediate risks from AI, rather than broader, longer-term risks. To fill this governance gap, this Article offers a roadmap for “algorithmic preparedness””
More on AI and algorithms: Resisting Deterministic Thinking by danah byod, Will AI Obliterate the Rule of Law by Matthew Butterick, AI: Practical Advice for the Worried by Zvi.
To put it somewhat poetically, software is the invisible writing that whispers the stories of possibility to our hardware … and we are the storytellers. It’s up to us to decide if those stories amplify us, or diminish us.
— Grady Booch