The Moral Hazard of AI: How Were All Losing Our marbles and What to Do About It

Introduction As the world’s largest artificial intelligence (AI) company, Facebook has a lot to lose if it doesn’t develop AI responsibly. But as companies race to build the most advanced AI in the world, they also have a moral hazard on their hands. If these same companies build AI that can do great things but create negative consequences, they run the risk of losing customers and competitive advantages. To date, there is no easy answer to this question—but it will require thoughtful debate and action from both business owners and policymakers alike. The Moral Hazard of Artificial Intelligence. Artificial intelligence has the potential to cause great harm to our world. If left unchecked, AI could lead to unprecedented changes in our economy and society. For example, AI could lead to more employees being replaced by machines, making it difficult for people to find jobs. In addition, AI could result in large companies becoming too powerful and unable to be held accountable. As a ...