Emily Chan
Dr. Wolfgang Luhan, an associate professor of behavioral economics at the University of Portsmouth, said that the study was “vital” in determining the success of using AI for decision-making and whether it should be implemented in more processes in the future.
“Many companies are already using AI for hiring decisions and compensation planning, and public bodies are employing AI in policing and parole strategies. Our findings suggest that, with improvements in algorithm consistency, the public may increasingly support algorithmic decision-makers even in morally significant areas,” said Dr. Luhan.
“If the right AI approach is taken, this could actually improve the acceptance of policies and managerial choices such as pay raises or bonus payments.”
The study was published in the journal Public Choice.
