IDEAS home Printed from https://ideas.repec.org/a/smo/journl/v5y2020i1p1-15.html
   My bibliography  Save this article

Ancient Legal Codes as Basis for Artificial Intelligence Regulations in the 21st Century

Author

Listed:
  • Julia M. Puaschunder

    (The New School, Department of Economics, USA)

  • Dieter Feierabend

    (Scientific Director NEOS Lab, Neubaugasse 64-66, Vienna, Austria)

Abstract

Three ancient legal codes are discussed in light of the currently ongoing introduction of Artificial Intelligence (AI), robotics and big data insights into our contemporary society. To an extent as never before, computers are supporting human input, decision making and provision of data. AI, algorithms, robotics and big data are used to derive inferences for monitoring large-scale trends, detecting and measuring individual risks and chances based on data-driven estimations. Through machine learning algorithms and unprecedented data storage and computational power, AI technologies have most advanced abilities to gain and process information as decision making aids. Yet the currently ongoing digitalization disruption imposes ethical challenges and demands for regulatory consensus and legal action. When trying to find right, just and fair solutions in the introduction of novel technologies in society, the ancient legal codes of the Athenian city state, Roman law and the Code Napoléon may offer insights how to regulate complex new challenges ethically enriched with the wisdom and historical precedent of previous times. In particular, the ancient Athenian city state featured a diversified society that offered stratified citizenship rights and obligations. The Roman law conduct around slavery holds invaluable insights how to tax profitable market solutions and instill liability safety procurements for non-human market actors. The Code Napoléon defines different classes of market actors in society with different rights and obligations to engage in economic markets. All three legal regimes have endured for centuries and inspired very many different legal jurisdictions and national societies around the world and will hopefully imbue highest ethical mandates and standards in our contemporary arising technologies in a world-wide digitalizing world.

Suggested Citation

  • Julia M. Puaschunder & Dieter Feierabend, 2020. "Ancient Legal Codes as Basis for Artificial Intelligence Regulations in the 21st Century," Scientia Moralitas Journal, Scientia Moralitas, Research Institute, vol. 5(1), pages 1-15, July.
    • Handle: RePEc:smo:journl:v:5:y:2020:i:1:p:1-15
    as

    Download full text from publisher

    File URL: http://www.scientiamoralitas.com/index.php/sm/article/view/51
    Download Restriction: no
    File URL: http://www.scientiamoralitas.com/index.php/sm/article/view/51/49
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bowles, Samuel & Edwards, Richard & Roosevelt, Frank, 2005. "Understanding Capitalism: Competition, Command, and Change," OUP Catalogue, Oxford University Press, edition 3, number 9780195138658.
    2. George A. Akerlof, 2009. "How Human Psychology Drives the Economy and Why It Matters," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1175-1175.
    3. Julia M. Puaschunder, 2019. "On Artificial Intelligence’s Razor’s Edge: On the Future of Democracy and Society in the Artificial Age," Proceedings of the 12th International RAIS Conference, April 3-4, 2019 5JP, Research Association for Interdisciplinary Studies.
    4. Julia M. Puaschunder, 2019. "Artificial Intelligence Market Disruption," Proceedings of the 13th International RAIS Conference, June 10-11, 2019 01 JP, Research Association for Interdisciplinary Studies.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Julia M. Puaschunder, 2022. "Digital Inequality: A Research Agenda," RAIS Conference Proceedings 2022-2023 0201, Research Association for Interdisciplinary Studies.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Julia M. Puaschunder, 2020. "On Freedom in the Artificial Age," Proceedings of the 16th International RAIS Conference, March 30-31, 2020 0011jp, Research Association for Interdisciplinary Studies.
    2. Julia M. Puaschunder, 2020. "From Homo Oeconomicus to Homo Praeventicus," Proceedings of the 19th International RAIS Conference, October 18-19, 2020 023jpm, Research Association for Interdisciplinary Studies.
    3. Julia M. Puaschunder & Dirk Beerbaum, 2020. "The Future of Healthcare around the World: Four indices integrating Technology, Productivity, Anti-Corruption, Healthcare and Market Financialization," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 021jpmd, Research Association for Interdisciplinary Studies.
    4. Julia M. Puaschunder & Martin Gelter & Siegfried Sharma, 2020. "COVID-19-Shock: Considerations on Socio-Technological, Legal, Corporate, Economic and Governance Changes and Trends," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 011jpb, Research Association for Interdisciplinary Studies.
    5. Julia M. PUASCHUNDER & Josef MANTL & Bernd PLANK, 2020. "Medicine of the Future: The Power of Artificial Intelligence and Big Data in Healthcare," RAIS Journal for Social Sciences, Research Association for Interdisciplinary Studies, vol. 4(1), pages 1-8, May.
    6. Julia M. Puaschunder & Dieter Feierabend, 2019. "Artificial Intelligence in the Healthcare Sector," Scientia Moralitas Journal, Scientia Moralitas, Research Institute, vol. 4(2), pages 1-14, December.
    7. Dirk Beerbaum & Maciej Piechocki & Julia M. Puaschunder, 2019. "Accounting Reporting Complexity Measured Behaviorally," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 56(4), pages 35-47, December.
    8. Julia M. Puaschunder, 2020. "The Future of Artificial Intelligence in International Healthcare: An Index," Proceedings of the 17th International RAIS Conference, June 1-2, 2020 003jp, Research Association for Interdisciplinary Studies.
    9. Radu, Vranceanu & Besancenot, Damien & Dubart, Delphine, 2013. "Can Rumors and Other Uninformative Messages Cause Illiquidity ?," ESSEC Working Papers WP1309, ESSEC Research Center, ESSEC Business School, revised Jun 2014.
    10. Stern, Nicholas, 2018. "Public economics as if time matters: Climate change and the dynamics of policy," Journal of Public Economics, Elsevier, vol. 162(C), pages 4-17.
    11. Jang, Tae-Seok & Sacht, Stephen, 2017. "Modeling consumer confidence and its role for expectation formation: A horse race," Economics Working Papers 2017-04, Christian-Albrechts-University of Kiel, Department of Economics.
    12. Guglielmo Maria Caporale & Alex Plastun, 2019. "Price overreactions in the cryptocurrency market," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 46(5), pages 1137-1155, August.
    13. Roy, Saktinil & Kemme, David M., 2012. "Causes of banking crises: Deregulation, credit booms and asset bubbles, then and now," International Review of Economics & Finance, Elsevier, vol. 24(C), pages 270-294.
    14. Klodt, Henning & Lehment, Harmen (ed.), 2009. "The Crisis and Beyond," Kiel E-Books, Kiel Institute for the World Economy (IfW Kiel), number 60981.
    15. Dow Alexander & Dow Sheila C., 2011. "Animal Spirits Revisited," Capitalism and Society, De Gruyter, vol. 6(2), pages 1-25, December.
    16. Hendrik Dalen & Kène Henkens, 2013. "Dilemmas of Downsizing During the Great Recession: Crisis Strategies of European Employers," De Economist, Springer, vol. 161(3), pages 307-329, September.
    17. Benjamin Enke & Florian Zimmermann, 2019. "Correlation Neglect in Belief Formation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(1), pages 313-332.
    18. George Kapetanios & James Mitchell & Yongcheol Shin, 2010. "A Nonlinear Panel Model of Cross-sectional Dependence," Working Papers 673, Queen Mary University of London, School of Economics and Finance.
    19. Andreia Tolciu, 2010. "The Economics of Social Interactions: An Interdisciplinary Ground for Social Scientists?," Forum for Social Economics, Taylor & Francis Journals, vol. 39(3), pages 223-242, January.
    20. J. E. King, 2010. "Keynes and ‘Psychology’," Economic Papers, The Economic Society of Australia, vol. 29(1), pages 1-12, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:smo:journl:v:5:y:2020:i:1:p:1-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eduard David (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.