Welcome to the Nexus of Ethics, Psychology, Morality, Philosophy and Health Care

Welcome to the nexus of ethics, psychology, morality, technology, health care, and philosophy
Showing posts with label Predictive Analytics. Show all posts
Showing posts with label Predictive Analytics. Show all posts

Wednesday, November 6, 2024

Predicting Results of Social Science Experiments Using Large Language Models

Hewitt, L. Ashokkumar, A. et al. (2024)
Working Paper

Abstract

To evaluate whether large language models (LLMs) can be leveraged to predict the
results of social science experiments, we built an archive of 70 pre-registered, nationally representative, survey experiments conducted in the United States, involving 476 experimental
treatment effects and 105,165 participants. We prompted an advanced, publicly-available
LLM (GPT-4) to simulate how representative samples of Americans would respond to the
stimuli from these experiments. Predictions derived from simulated responses correlate
strikingly with actual treatment effects (r = 0.85), equaling or surpassing the predictive
accuracy of human forecasters. Accuracy remained high for unpublished studies that could
not appear in the model’s training data (r = 0.90). We further assessed predictive accuracy
across demographic subgroups, various disciplines, and in nine recent megastudies featuring
an additional 346 treatment effects. Together, our results suggest LLMs can augment experimental methods in science and practice, but also highlight important limitations and risks of
misuse.


Here are some thoughts. The implications of this research are abundant!!

Large language models (LLMs) have demonstrated significant potential in predicting human behaviors and decision-making processes, with far-reaching implications for various aspects of society. In the realm of employment, LLMs could revolutionize recruitment and hiring practices by predicting job performance and cultural fit, potentially streamlining the hiring process but also raising important concerns about bias and fairness. These models might also be used to forecast employee productivity, retention rates, and career trajectories, influencing decisions related to promotions and professional development. Furthermore, LLMs could assist organizations in predicting labor market trends, skill demands, and employee turnover, enabling more strategic workforce planning.

Beyond the workplace, LLMs have the potential to impact a wide range of human behaviors. In the realm of consumer behavior, these models could enhance predictions of consumer preferences, purchasing decisions, and responses to marketing campaigns, leading to more targeted advertising and product development strategies. In public health, LLMs could be instrumental in forecasting the effectiveness of health interventions and predicting population-level responses to various public health measures, thereby aiding in evidence-based policy-making. Additionally, these models might be employed to anticipate shifts in public opinion, the emergence of social movements, and evolving cultural trends, which could significantly influence political strategies and media content creation.

While the potential benefits of using LLMs to predict human behaviors are substantial, it is crucial to address the ethical concerns associated with their deployment. Ensuring transparency in the decision-making processes of these models, mitigating algorithmic bias, and validating results across diverse populations are essential steps in responsibly harnessing the power of LLMs. As we move forward, the focus should be on fostering human-AI collaboration, leveraging the strengths of both to achieve more accurate and ethically sound predictions of human behavior.

Thursday, January 16, 2020

Ethics In AI: Why Values For Data Matter

Ethics in AIMarc Teerlink
forbes.com
Originally posted 18 Dec 19

Here is an excerpt:

Data Is an Asset, and It Must Have Values

Already, 22% of U.S. companies have attributed part of their profits to AI and advanced cases of (AI infused) predictive analytics.

According to a recent study SAP conducted in conjunction with the Economist’s Intelligent Unit, organizations doing the most with machine learning have experienced 43% more growth on average versus those who aren’t using AI and ML at all — or not using AI well.

One of their secrets: They treat data as an asset. The same way organizations treat inventory, fleet, and manufacturing assets.

They start with clear data governance with executive ownership and accountability (for a concrete example of how this looks, here are some principles and governance models that we at SAP apply in our daily work).

So, do treat data as an asset, because, no matter how powerful the algorithm, poor training data will limit the effectiveness of Artificial Intelligence and Predictive Analytics.

The info is here.

Thursday, January 19, 2017

Consider ethics when designing new technologies

by Gillian Christie and Derek Yach
Tech Crunch
Originally posted December 31, 2016

Here is an excerpt:

A Fourth Industrial Revolution is arising that will pose tough ethical questions with few simple, black-and-white answers. Smaller, more powerful and cheaper sensors; cognitive computing advancements in artificial intelligence, robotics, predictive analytics and machine learning; nano, neuro and biotechnology; the Internet of Things; 3D printing; and much more, are already demanding real answers really fast. And this will only get harder and more complex when we embed these new technologies into our bodies and brains to enhance our physical and cognitive functioning.

Take the choice society will soon have to make about autonomous cars as an example. If a crash cannot be avoided, should a car be programmed to minimize bystander casualties even if it harms the car’s occupants, or should the car protect its occupants under any circumstances?

Research demonstrates the public is conflicted. Consumers would prefer to minimize the number of overall casualties in a car accident, yet are unwilling to purchase a self-driving car if it is not self-protective. Of course, the ideal option is for companies to develop algorithms that bypass this possibility entirely, but this may not always be an option. What is clear, however, is that such ethical quandaries must be reconciled before any consumer hands over their keys to dark-holed algorithms.

The article is here.