There is a large cross-over between automated decision making and artificial intelligence, therefore they are merged together in a single document.

Good

  • Less strain on workers
  • Real-world application
    • Medical diagnosis
      • Pattern recognition
      • Artificial intelligence
    • Fraud detection
      • i.e., what Stripe does; pattern recognition
    • Anything in day-to-day life
      • Traffic lights
      • Recruitment
      • Stock market bots
  • Intended to be fair and unbiased

Bad

  • Who takes responsibility for the decision?
    • What if the fault for the decision is not due to them?
    • What if the fault for the decision is due to atmospheric interference?
  • Can be make unfair/biased by poor data
  • Lack of trust
    • Recent technological developments
    • Transparency
  • (AI only) Environmental effects
    • Intensive to run - requires obscene amounts of energy
  • Employment effects
    • May replace human jobs - higher unemployment rates
  • Access to technology
    • Access to technology to run LLMs (large language models) in expensive and hard to come-by