AI is not a single technology but an umbrella term for loosely related technologies; ChatGPT and credit-risk classification algorithms are both called AI because they both learn from data, but they differ fundamentally in how they work, what problems they solve, how they can fail, and what the consequences of failure are.

definitionpending

Speaker

Arvin Narayan

Evidence Quote

AI is not one single technology. It's an umbrella term for a set of technologies that are only loosely related to each other.

Source

AI Snake Oil: What Artificial Intelligence Can Do, What It Can’t, and How to Tell the DifferenceMIT Stone Center on Inequality & Shaping Work
Created: 8/11/2026, 6:51:26 AM

My Notes

Loading notes...