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“Artificial Intelligence for Social Good,” with Professor Susan Athey

October 21, 2021
by
Stanford Graduate School of Business
YouTube video player
“Artificial Intelligence for Social Good,” with Professor Susan Athey

TL;DR

Artificial intelligence development is influenced by incentives, leading to potential benefits in various sectors. Universities and the social sector can play a role in promoting research and development that aligns with societal needs.

Transcript

Thanks so much. It's so great to see everyone. And thanks for coming to this talk at the end of the afternoon. I want to talk a little bit about, first of all, how I came to this topic. And then I'll jump right in with the overview of where we're going today. I'm an economist, so you might wonder why I'm talking about artificial intelligence. And t... Read More

Key Insights

  • 🥺 Artificial intelligence development is influenced by incentives and can lead to significant changes in various industries.
  • 👨‍🔬 Universities and the social sector can contribute to the beneficial development of AI by promoting research and aligning it with societal needs.
  • 🐕‍🦺 AI offers opportunities for improving efficiency and effectiveness in delivering services in sectors such as education and government.
  • 🪡 Concerns related to biases, privacy, and security need to be addressed through policy and regulation.
  • 🪛 AI innovation follows an iterative process, and collaborations between different disciplines can drive successful AI implementation.

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Questions & Answers

Q: How can universities and the social sector contribute to the development of AI?

Universities and the social sector can promote research and development in AI that aligns with societal needs, such as improving education, government efficiency, and healthcare. They can also provide expertise and guidance to address concerns related to fairness, bias, and unintended consequences.

Q: What are some potential benefits of AI in the social sector?

AI can make government services more efficient, reduce costs, and improve accessibility for individuals. It can also enhance labor training and provide customized support to students, leading to better educational outcomes. Additionally, AI can help address societal challenges by anticipating and avoiding unintended consequences.

Q: How can AI innovation be applied in social impact contexts?

AI innovation follows an iterative process, involving analytics, experimentation, and improvement. In social impact contexts, organizations can collect and analyze data to understand weaknesses and develop AI solutions that address specific challenges. Collaborations between different disciplines can help combine expertise and knowledge for successful AI implementation.

Q: How can small players, such as social impact startups, access AI tools and level the playing field?

While large corporations may dominate the AI space, there are opportunities for smaller players to leverage AI tools. Open-source AI algorithms and cloud computing resources provide access to powerful AI capabilities at a lower cost. Philanthropic organizations and educational initiatives can also support the development and adoption of AI tools to empower smaller entrepreneurs.

Summary & Key Takeaways

  • Artificial intelligence (AI) development is driven by incentives and can lead to significant changes in various industries, such as marketplaces and search engines.

  • Universities and the social sector can contribute to the beneficial development of AI by promoting research that considers external factors and societal benefits, such as improved education, government efficiency, and healthcare.

  • AI offers opportunities for organizations and governments to improve efficiency and effectiveness in delivering services, but the alignment of private and social incentives may be required.

  • The adoption of AI also raises concerns about biases, privacy, and security, which need to be addressed through policy and regulation.


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