Innovation by Joseph Byrum

November 2021

The economic rationalist’s approach to AI

In part 1 of this column from the August ISE issue – “A realist’s view for restoring trust in AI” ( – we saw that the public places little faith in artificial intelligence (AI). This is part of the nature of trust itself. You might “trust” a weather forecaster not just because the forecast offered happens to be accurate but because the explanation provided for why it will likely rain tomorrow.

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