Biblioteca da Assembleia da Republica

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Rethinking central-bank independence / Erik Jones and Matthias Matthijs

Jones, Erik ; Matthijs, Matthias, co-autor

Journal of democracy . ISSN1045-5738 . Baltimore : The Jons Hopkins University Press, Vol. 30, no 2 (April 2019), , p. 127-141

In democratic societies, concern about the consequences of our growing reliance upon artificial intelligence (Al) is rising. The term Al, coined by John McCarthy in 1956, is elusive in its precise meaning but today broadly refers to machines that can go beyond their explicit program ming by making choices in ways that mirror human reasoning. In other words. Al automates decisions that people used to make.’ [§] While Al promises many benefits, there are also risks associated with the swift advancement and adoption of the technology. Perhaps the dark est concerns relate to misuse of Al by authoritarian regitnes. Even in free societies, however, and even when the intended application is for clearly good purposes. there is significant potential for unintended harms such as reduced privacy, lost accountability, and embedded bias. In digitally con nected democracies, talk of what could go wrong with Al now touches on everything from massive job loss caused by automation to machines that make discriminatory hiring decisions, and even to threats posed by “killer robots.” These concerns have darkened public attitudes and made this a key moment to either build or destroy public trust in Al. [Do autor]

FED (EUA); Estados Unidos; banco central; crise monetária; poder político

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