Who to Sue When a Robot Loses Your Fortune?

Who to Sue When a Robot Loses Your Fortune?

Assessment

Interactive Video

Created by

Quizizz Content

Business, Information Technology (IT), Architecture

University

Hard

The video discusses the reliability of AI in managing investments, highlighting that AI's effectiveness is limited by the quality of data and human input. It explores the potential for both AI and human errors in financial contexts and the legal implications of such errors. The discussion extends to the question of responsibility, particularly whether AI or humans should be held accountable for mistakes, and the potential for legal action against AI creators or sellers for misrepresentation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor that limits the effectiveness of AI in investment management?

The speed of AI processing

The quality of data and questions provided by humans

The cost of AI technology

The brand of AI software used

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional factor, besides AI, might contribute to errors in investment decisions?

The time of day trades are made

The type of stocks being traded

Weather conditions

Human errors in trading execution

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the context of AI-related failures, who is typically held responsible?

The stock market

The human creators or salespeople

The investors

The AI software itself

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a crucial lesson for AI creators to avoid legal issues?

To ensure AI is more user-friendly

To make AI faster

To be cautious about claims regarding AI capabilities

To reduce the cost of AI

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential future legal question regarding AI?

Whether AI can be used in space exploration

Whether AI can be held legally accountable

Whether AI can replace human jobs

Whether AI can predict weather patterns