2023/07/27 by Sebastian Benthall, Benthall, Sebastian, David Shekman +1 · 4 citations
Computer Science · Social Sciences · #Artificial Intelligence (cs.AI) #Blockchain Technology Applications and Security #Computers and Society (cs.CY) #Ethics and Social Impacts of AI #FOS: Computer and information sciences
paper · pdf · doi:10.48550/arxiv.2308.02435
openalex publication_date 2023/07/27 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
A fiduciary is a trusted agent that has the legal duty to act with loyalty and care towards a principal that employs them. When fiduciary organizations interact with users through a digital interface, or otherwise automate their operations with artificial intelligence, they will need to design these AI systems to be compliant with their duties. This article synthesizes recent work in computer science and law to develop a procedure for designing and auditing Fiduciary AI. The designer of a Fiduciary AI should understand the context of the system, identify its principals, and assess the best interests of those principals. Then the designer must be loyal with respect to those interests, and careful in an contextually appropriate way. We connect the steps in this procedure to dimensions of Trustworthy AI, such as privacy and alignment. Fiduciary AI is a promising means to address the incompleteness of data subject's consent when interacting with complex technical systems.