AI in Healthcare November 5, 2024
Dave Pearson

With generative AI coming into its own, AI regulators must avoid relying too much on principles of risk management—and not enough on those of uncertainty management.

A new report from the American Enterprise Institute fleshes out the how’s and why’s of this position.

“Regulation based on risk management cannot prevent harm arising from outcomes that cannot be known” based on forecasts, writes AEI senior fellow Bronwyn Howell, sole author of the report. “Some harm is inevitable as society learns about these new [GenAI] applications and use contexts. Rules that are use-case specific rather than generic … offer a principled way of enabling efficient development and deployment of AI applications.”

Embedded in the paper are four points relevant to AI...

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