?:abstract
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Predictive algorithms are replacing the art of human judgement in rapidly growing areas of social life By offering pattern recognition as forecast, predictive algorithms mechanically project the past onto the future, embracing a peculiar notion of time where the future is different in no radical way from the past and present, and a peculiar world where human agency is absent Yet, prediction is about agency, we predict the future to change it At the individual level, the psychological literature has concluded that in the realm of predictions, human judgement is inferior to algorithmic methods At the sociological level, however, human judgement is often preferred over algorthms We show how human and algorithmic predictions work in three social contexts—consumer credit, college admissions and criminal justice—and why people have good reasons to rely on human judgement We argue that mechanical and overly successful local predictions can result in self-fulfilling prophecies and, eventually, global polarization and chaos Finally, we look at algorithmic prediction as a form of societal and political governance and discuss how it is currently being constructed as a wide net of control by market processes in the USA and by government fiat in China
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