Education Ethical Use Machine Learning Research

AI Ethics and Ordoliberalism 2.0 - Towards A 'Digital Bill of Rights'

Feb 20, 2024 7:05:00 AM by Dendrex

The paper: http://arxiv.org/abs/2311.10742

## Purpose
This research explores the integration of AI ethics within the framework of 'ordoliberalism 2.0'. It critiques the excessive reliance on corporate self-regulation in AI governance, advocating for a blend of hard-law legislation and an ordoliberal-inspired regulatory approach to establish effective AI governance mechanisms.

## Methods
- Analysis of existing AI ethics principles and governance issues.
- Exploration of [[ordoliberalism]] as a business-ethical concept.
- Examination of AI principles against the backdrop of ordoliberal principles.
- Proposals for implementing these principles through regulatory and competition policies.

## Key Findings
1. Common AI ethics principles lack practical implementation guidance, leading to a gap between theory and practice.
2. Ordoliberalism offers a framework for balancing economic and moral imperatives in AI governance.
3. Integration of AI ethics with ordoliberal principles can form the basis of a 'digital bill of rights'.
4. Effective [[AI governance]] requires a combination of regulatory policy and competition policy.
5. Current AI legislation, like the EU’s AIA, needs to consider more robust enforcement and sustainability issues.

## Discussion
The paper’s advocacy for an ordoliberal approach to AI ethics is a novel contribution, addressing the current gap in AI governance. It is particularly relevant in the context of increasing power asymmetries in the digital economy and the limitations of existing AI legislation.

## Critiques
1. The paper could benefit from more detailed case studies demonstrating the practical application of ordoliberal principles in AI governance.
2. There's a need for more in-depth analysis of how ordoliberalism can specifically address the challenges posed by emerging AI technologies like generative AI.
3. The feasibility of implementing such a comprehensive regulatory framework across diverse global jurisdictions remains unclear.

## Tags
#AIethics #Ordoliberalism #AIGovernance #RegulatoryPolicy #DigitalBillOfRights #EUAIA