Computer programs and algorithms started being used for trading and asset allocation around five decades ago. But figuring out how to distribute public goods and assets is not done algorithmically. However, a new Artificial Intelligence-based study implies that even this might be done more effectively and equitably via self-learning algorithms.
AI research company DeepMind (an Alphabet subsidiary) is famous for its “AlphaZero” algo, which does useful things like teach itself to play great chess and Go, and solve esoteric problems like protein-folding. DeepMind has just published a paper using human-AI interactions to disburse benefits in ways that seem fairer than traditional
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