Who benefits from working with AI?

 [[{“value”:”We use a controlled experiment to show that ability and belief calibration jointly determine the benefits of working with Artificial Intelligence (AI). AI improves performance more for people with low baseline ability. However, holding ability constant, AI assistance is more valuable for people who are calibrated, meaning they have accurate beliefs about their own ability.
The post Who benefits from working with AI? appeared first on Marginal REVOLUTION.”}]] 

We use a controlled experiment to show that ability and belief calibration jointly determine the benefits of working with Artificial Intelligence (AI). AI improves performance more for people with low baseline ability. However, holding ability constant, AI assistance is more valuable for people who are calibrated, meaning they have accurate beliefs about their own ability. People who know they have low ability gain the most from working with AI. In a counterfactual analysis, we show that eliminating miscalibration would cause AI to reduce performance inequality nearly twice as much as it already does.

That is from a new NBER working paper by  Andrew Caplin, David J. Deming, Shangwen Li, Daniel J. Martin, Philip Marx, Ben Weidmann & Kadachi Jiada Ye.

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