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First, totally agree.
Second, people get excited when their priors get confirmed.
What it highlights and I think is important is how prone to biased answers these things are.
Econometrics is all about identifying and correcting for biases. My concern about AI, as I understand it to function, is that it can’t correct for biased results or reasonably assess what biases are present.
42 sats \ 1 reply \ @optimism 22h
Correct. The biases are taken out with reinforcement training. This used to be a human check but is now simply another model checking the answers: bias is currently second hand, and the bias check itself is also subject to hallucination.
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I’m very skeptical of any automated process for bias correction.
The nature of bias is that there’s important unobserved stuff getting smuggled into the error term.
Unless it’s handled deliberately in a well designed manner, it’s not going away.
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