DeepMind’s New AI Might Be Better At Distributing Wealth

Posted by Peter Rudin on 15. July 2022 in News

How groups of humans working together collaboratively should redistribute the wealth they create is a problem that has plagued philosophers, economists, and political scientists for years. A new study from DeepMind suggests that AI may be able to make better decisions than humans.

The research team developed a human-in-the-loop research pipeline called Democratic AI, in which reinforcement learning is used to design a social mechanism that humans prefer by majority.

The AI discovered a mechanism that redressed initial wealth imbalance, sanctioned free riders and successfully won the majority vote. By optimizing for human preferences, Democratic AI offers a proof of concept for value-aligned policy innovation.

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