AI’s Overconfidence and Bias: A Reflection of Human Flaws

Recent research reveals that artificial intelligence exhibits irrational tendencies similar to humans. This includes behaviors such as the hot hand phenomenon, base-rate neglect, and the sunk cost fallacy. These findings raise important questions about the reliability and utility of AI systems in real-world applications.

AI Overconfidence

As we integrate AI into various sectors, it’s crucial to recognize that overconfidence and bias are not exclusive to human decision-making. The study underscores the need for critical evaluation of AI outputs. If AI mimics these human errors, we must tread carefully in trusting its judgments without scrutiny.