AI in Real Life: Real Talk with Real Experts

Episode 8: Rationality vs. Reality: Human Decisions & AI's Role


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AI IRL: Real Talk with Real Experts

Interview with Ido Erev, Professor of Behavioral Science and “Women’s Division—ATS Academic Chair” at the Faculty of Data and Decision Science at the Technion--Israel Institute of Technology

Welcome back to AI In Real Life! This episode dives deep into the complexities of human decision-making and how it deviates from traditional rational models.

Join host Katy, live from the AI-SDM workshop at Carnegie Mellon University, as she speaks with Professor Ido Erev, a leading researcher in cognitive science and the intersection of psychology and economics. They discuss:

  • Defining Rationality: Understand the simple model of rational choice and why humans often fail to adhere to it.

  • Two Types of Deviation: Explore the crucial distinction between suboptimal behavior and actions that benefit the individual but harm society, such as pollution and texting while driving.

  • Learning from Past Experiences: Discover how our brains operate like machine learning algorithms, relying on past experiences to inform present decisions.

  • AI's Role in Behavioral Change: Learn how AI can be used to improve laws, regulations, and enforcement, ultimately reducing counterproductive behaviors.

  • Objective AI Criteria for Research: Explore how AI can enhance scientific progress by creating more objective evaluation methods for research.

  • The Generalizability of Decision Models: Understand how basic learning processes observed in lab settings can explain behavior in diverse real-world scenarios, and even across different species.

  • Human Judgment vs. AI Tools: Discuss the future of human-AI collaboration, emphasizing that AI will serve as a tool to augment, not replace, human decision-making.


If you've ever wondered why we sometimes act against our own best interests, and how AI can help us navigate those tendencies, you'll want to check out this episode!

Get involved! Submit your questions for future episodes through our website: https://www.cmu.edu/ai-sdm/podcast/form-submission/index.html


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AI in Real Life: Real Talk with Real ExpertsBy AI Institute for Societal Decision Making (AI-SDM)