Overall, the errors overstated the companys net income by 40%. to Be Made in China by 2030, The New York Times, July 20, 2017, https://www.nytimes.com/2017/07/20/business/china-artificial-intelligence.html, [33] Kania, Beyond CFIUS: The Strategic Challenge of Chinas Rise in Artificial Intelligence., [34] McKinsey Global Institute, Artificial Intelligence: The Next Digital Frontier.. It would be much better for each hunter, acting individually, to give up total autonomy and minimal risk, which brings only the small reward of the hare. (5OP,&|#5Y9/yU'4x r+g\t97ASNgQ+Oh iCcKzCx7<=nZefYt|.OPX:'.&|=_Ml_I{]+Mr`h+9UeovX.C; =a #/ q_/=02Q0U>#|Lod. 9i While each actors greatest preference is to defect while their opponent cooperates, the prospect of both actors defecting is less desirable then both actors cooperating. (e.g., including games such as Chicken and Stag Hunt). [35] Outlining what this Coordination Regime might look like could be the topic of future research, although potential desiderata could include legitimacy, neutrality, accountability, and technical capacity; see Allan Dafoe, Cooperation, Legitimacy, and Governance in AI Development, Working Paper (2016). As the infighting continues, the impulse to forego the elusive stag in favor of the rabbits on offer will grow stronger by the day. [3] While (Hare, Hare) remains a Nash equilibrium, it is no longer risk dominant. A great example of chicken in IR is the Cuban Missile Crisis. Specifically, it is especially important to understand where preferences of vital actors overlap and how game theory considerations might affect these preferences. Payoff matrix for simulated Stag Hunt. Press: 1992). But what is even more interesting (even despairing) is, when the situation is more localized and with a smaller network of acquainted people, most players still choose to hunt the hare as opposed to working together to hunt the stag. In international relations, countries are the participants in the stag hunt. The original stag hunt dilemma is as follows: a group of hunters have tracked a large stag, and found it to follow a certain path. %PDF-1.7 % Similar strategic analyses can be done on variables and variable relationships outlined in this model. This democratic peace proposition not only challenges the validity of other political systems (i.e., fascism, communism, authoritarianism, totalitarianism), but also the prevailing realist account of international relations, which emphasises balance-of-power calculations and common strategic interests in order to explain the peace and stability that characterises relations between liberal democracies. This section defines suggested payoffs variables that impact the theory and simulate the theory for each representative model based on a series of hypothetical scenarios.