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Free Markets

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The Solution to Alleged AI Bias Will Be Found In the Market

In a new piece for RealClearMarkets, Market Institute President Charles Sauer warns that the Federal Trade Commission’s effort to police alleged ideological bias in artificial intelligence threatens both free speech and the competitive market that is driving AI innovation. Sauer points to the FTC’s proposed policy statement on AI accuracy, Read more…

By admin, 2 months ago
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We promote free market public policies. We get government out of the way.

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marketinstitute

The Market Institute

Verified account @marketinstitute ·
4 Nov

Washington wants to protect us from AI by making it harder for anyone to compete in AI.

Brilliant.

More regulation means fewer competitors, less innovation, and a nice head start for China.

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marketinstitute

The Market Institute

Verified account @marketinstitute ·
4 Nov

Prediction markets crushed it on election night.

Turns out millions of people putting real money behind their predictions can produce better information than an army of pundits.

Washington should take notes.

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marketinstitute

The Market Institute

Verified account @marketinstitute ·
3 Nov

Utah's AG wants to treat prediction markets like casinos.

Never mind that these markets reward knowledge, help businesses hedge risk, and generate valuable information.

Apparently, the bigger gamble is trusting politicians to understand how markets work.

@johntamny in @Forbes

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