“Liability regimes for AI ” by Ege Erdil
Update: 2024-08-23
Description
For many products, we face a choice of who to hold liable for harms that would not have occurred if not for the existence of the product. For instance, if a person uses a gun in a school shooting that kills a dozen people, there are many legal persons who in principle could be held liable for the harm:
The important concepts from economic theory to understand here are Coasean bargaining and the problem of the judgment-proof defendant.
Coasean bargaining
Let's start with Coaesean bargaining: in short, this idea says that regardless of [...]
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Outline:
(00:49 ) Coasean bargaining
(02:09 ) The judgment-proof defendant
(04:20 ) Transaction costs and economies of scale
(05:23 ) Summary and implications for AI
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First published:
August 19th, 2024
Source:
https://www.lesswrong.com/posts/vQF4Jspzi7ZjpnJbv/liability-regimes-for-ai
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Narrated by TYPE III AUDIO.
- The shooter themselves, for obvious reasons.
- The shop that sold the shooter the weapon.
- The company that designs and manufactures the weapon.
The important concepts from economic theory to understand here are Coasean bargaining and the problem of the judgment-proof defendant.
Coasean bargaining
Let's start with Coaesean bargaining: in short, this idea says that regardless of [...]
---
Outline:
(00:49 ) Coasean bargaining
(02:09 ) The judgment-proof defendant
(04:20 ) Transaction costs and economies of scale
(05:23 ) Summary and implications for AI
---
First published:
August 19th, 2024
Source:
https://www.lesswrong.com/posts/vQF4Jspzi7ZjpnJbv/liability-regimes-for-ai
---
Narrated by TYPE III AUDIO.
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