Artificial Intelligence and Open Data for Public Good:Implications for Public Policy

New Jersey State Policy Lab, 2022.

Posted: 15 Nov 2022

See all articles by N Chidipothu

N Chidipothu

Independent

S Mishra

Independent

S John

Independent

Jim Samuel

Rutgers University, New Brunswick; Independent

Date Written: November 2022

Abstract

Artificial Intelligence (AI), adaptive AI technologies, and open data are critical for future socioeconomic value creation (Samuel, et al., 2022; DeLallo and Tennison, 2020). With the promise of solving a vast array of societal and economic problems, AI initiatives have attracted huge amounts of attention and investments. Undoubtedly, it is worthwhile to invest in AI technologies to help advance societal agenda and yet it is necessary to ensure stability and sustainability (Neufeld, 2021). AI projects vary in size, complexity and scope, and depending on each institution’s goals, culture, and needs, the dynamics of AI value creation and returns on investment may vary. For processes which do not require human intervention, such as those associated with ‘AI-assisted fraud detection,’ the returns could be visible within months. Those in need of human collaboration such as in the case of ‘AI-supported customer service,’ it may take longer to observe results (Fountaine, et al., 2019). Given the growing importance of ‘AI+Open-Data’ trends, this article clarifies and highlights the role of AI and open data in society, illustrates domain applications, and ends with an emphasis on the implied need for public policy.

Keywords: Artificial Intelligence, Open Data, Public Policy, AI, ML

Suggested Citation

Chidipothu, N and Mishra, S and John, Shiya and Samuel, Jim, Artificial Intelligence and Open Data for Public Good:Implications for Public Policy (November 2022). New Jersey State Policy Lab, 2022. , Available at SSRN: https://ssrn.com/abstract=4277171

N Chidipothu

Independent

S Mishra

Independent

Shiya John

Independent

Jim Samuel (Contact Author)

Rutgers University, New Brunswick ( email )

New Brunswick, NJ
United States

Independent ( email )

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