The future of AI: Combining quick reflexes with strategic deliberation

AI

In the rapidly advancing field of artificial intelligence, the focus is increasingly on the harmonisation of two distinct cognitive functions: rapid intuition and deep analytical reasoning.

According to Saifr, this blended approach seeks to pioneer a transformative path in AI development by integrating the best of both cognitive processes.

Human thought divides into two streams: quick, instinctive reactions and slow, deliberate reasoning. The former operates on autopilot, handling tasks like facial recognition or immediate decision-making without conscious effort. It’s a mental shortcut that prioritises speed but can sometimes miss finer details.

In contrast, slow reasoning emerges when challenges intensify. This cognitive function tackles complex problem-solving, strategic planning, and profound contemplation. While it may lack the speed of its counterpart, its thoroughness captures nuances that rapid responses often overlook.

Currently, most AI technologies mirror our quicker cognitive processes, optimising for speed and efficiency in pattern recognition and immediate data processing. These models excel in straightforward scenarios but can falter when faced with complex situations requiring depth and subtlety.

Recognising this limitation, there is a shift towards integrating deliberative processes into AI systems. This shift envisages AI that does more than react—it ponders and processes information through a multi-step, analytical approach. Such AI might be slower, but the depth and precision of its responses could greatly surpass traditional models.

One practical application of this advanced AI is in regulatory compliance, a field fraught with complexity and severe consequences for errors. For instance, Saifr, a specialist in regulatory compliance technology, uses AI to dissect intricate regulations, helping to ensure companies meet legal standards and avoid severe penalties. Traditional, fast-processing AI might overlook critical details, whereas a deliberative AI thoroughly navigates these regulatory mazes, offering solutions that prevent costly legal issues.

However, the integration of both fast and slow AI models doesn’t mean abandoning one for the other. Instead, it involves creating a synergistic environment where each type of AI excels in its respective domain. For routine tasks demanding speed, rapid-response AI models remain invaluable. They offer cost-effective solutions where time is a critical factor.

On the other hand, when accuracy and depth are paramount, especially in high-stakes scenarios, slow-processing, multi-step AI models are preferable. These models excel in their meticulous analysis and capacity to handle complex data, providing solutions that withstand rigorous scrutiny.

Venturing into this dual approach to AI is an exciting journey into uncharted territory. It requires ongoing experimentation, testing, and refinement but promises significant rewards. The goal is not merely to enhance AI capabilities but to develop sophisticated, adaptive solutions that can effectively address the diverse and complex needs of organisations.

Copyright © 2024 RegTech Analyst

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst

Investors

The following investor(s) were tagged in this article.