Assessing Large Language Models' ability to predict how humans balance self-interest and the interest of others

Understand

Generative artificial intelligence (AI) holds enormous potential to revolutionize decision-making processes, from everyday to high-stake scenarios.

• By leveraging generative AI, humans can benefit from data-driven insights and predictions, enhancing their ability to make informed decisions that consider a wide array of factors and potential outcomes.
• However, as many decisions carry social implications, for AI to be a reliable assistant for decision-making it is crucial that it is able to capture the balance between self-interest and the interest of others.
• We investigate the ability of three of the most advanced chatbots to predict dictator game decisions across 108 experiments with human participants from 12 countries.