Artificial Intelligence and Public Policy

56 Pages Posted: 7 Jun 2018

See all articles by Jonathan Camp

Jonathan Camp

Independent

Andrea Castillo O'Sullivan

George Mason University - Mercatus Center

Date Written: 08/23/2017

Abstract

There is growing interest in the market potential of artificial intelligence (AI) technologies and applications as well as in the potential risks that these technologies might pose. As a result, questions are being raised about the legal and regulatory governance of AI, machine learning, “autonomous” systems, and related robotic and data technologies. Fearing concerns about labor market effects, social inequality, and even physical harm, some have called for precautionary regulations that could have the effect of limiting AI development and deployment. In this paper, we recommend a different policy framework for AI technologies. At this nascent stage of AI technology development, we think a better case can be made for prudence, patience, and a continuing embrace of “permissionless innovation” as it pertains to modern digital technologies. Unless a compelling case can be made that a new invention will bring serious harm to society, innovation should be allowed to continue unabated, and problems, if they develop at all, can be addressed later.

Suggested Citation

Camp, Jonathan and Castillo O'Sullivan, Andrea, Artificial Intelligence and Public Policy (08/23/2017). MERCATUS RESEARCH, Available at SSRN: https://ssrn.com/abstract=3191530 or http://dx.doi.org/10.2139/ssrn.3191530

Jonathan Camp

Independent

Andrea Castillo O'Sullivan

George Mason University - Mercatus Center ( email )

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