AI cannot predict the future. But companies keep trying (and failing).

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A new paper on how AI companies make false promises and how we can challenge them

While the world gushes over large language models and text-to-image tools, a far more consequential kind of AI tool has been proliferating: AI for making decisions about individuals based on predictions about their future behavior. We call this predictive optimization. Governments, banks, and employers use predictive optimization to make life-changing decisions such as whom to investigate for child maltreatment, whom to approve for a loan, and whom to hire. Companies sell predictive optimization with the promise of more accurate, fair, and efficient decisions. They claim it does away with…

AI cannot predict the future. But companies keep trying (and failing).

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