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DT's avatar

Been following your course live blog with great interest, thank you so much for sharing! So much of what you share relates to my background as a recovering academic economist as a remedy for the orthodox approaches to economic modelling. MLs orientation towards learning and action resonates. Wanted to put Alex Imas’ Substack on your radar. https://substack.com/@aleximas/note/p-182334603?r=qumb&utm_medium=ios&utm_source=notes-share-action. He shares an application of transformers to learning dynamics embedded in an economic model of the macroeconomy. Integrating ML into economic applications feels like a real step towards a new and more productive paradigm.

Greg Stoddard's avatar

Happy new year! I first off wanted to say that I really enjoy your substack - you have a very unique perspective on ML/AI that I always find thought provoking.

I had one question that I wanted to get your thoughts on (as I have been thinking and wrestling with these kind of questions).

Let's take the question of whether AI-enabled technologies making hiring more or less biased. There's an entire academic literature and popular literature that will immediately conclude that AI must make things more biased. But there's also an entire academic and popular literature that shows that humans are quite biased as well. So it seems impossible to answer the question of whether AI resume screening tools reduce or exacerbate bias from just first principles. (I'm using hiring as an example here but I think the basic structure would be true for a lot of AI-in-society questions)

If its not possible to answer from first principles, then it seems to me that you really need some sort of an RCT to answer the question. But it seems from your posts on statistical fatalism that you're skeptical that RCTs can really answer anything since the conditions in an RCT do not reflect the real-world (i.e. how the resume screening tool is used in the RCT may not be representative of how companies actually use the tools, the Lucas critique, small effects need huge samples, etc ).

From your perspective, is there a way of convincing (or at least semi-convincing) way of addressing questions like "does introducing algorithmic tool X to real-world setting Y make things better or worse"?

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