How Decision Making Develops: Adolescents, Irrational Adults, and Should AI be Trusted With the Car Keys?

This paper reviews the developmental literature on decision making, discussing how increased reliance on gist thinking explains the surprising finding that important cognitive biases increase from childhood to adulthood. This developmental trend can be induced experimentally by encouraging verbatim (younger) versus gist (older) ways of thinking. We then build on this developmental literature to assess the developmental stage of artificial intelligence (AI) and how its decision making compares with humans, finding that popular models are not only irrational but they sometimes resemble immature adolescents. To protect public safety and avoid risk, we propose that AI models build on policy frameworks already established to regulate other immature decision makers such as adolescents.