ARE THE FUTURES COMPUTABLE? KNIGHTIAN UNCERTAINTY AND ARTIFICIAL INTELLIGENCE
成果类型:
Article
署名作者:
Townsend, David M.; Hunt, Richard A.; Rady, Judy; Manocha, Parul; Jin, Ju Hyeong
署名单位:
Virginia Polytechnic Institute & State University; University of Alabama System; University of Alabama Birmingham; Virginia State University
刊物名称:
ACADEMY OF MANAGEMENT REVIEW
ISSN/ISSBN:
0363-7425
DOI:
10.5465/amr.2022.0237
发表日期:
2025
页码:
415-440
关键词:
DECISION-MAKING
ENTREPRENEURIAL ACTION
ai
management
ORGANIZATIONS
environments
rationality
TECHNOLOGY
DISCOVERY
IMPACT
摘要:
The growing sophistication of artificial intelligence (AI) tools in entrepreneurship is transforming how new ventures identify, gather, analyze, and utilize information from their internal and external operating environments to automate critical choices, decisions, and tasks. For many startups and corporate ventures, prior research suggests that AI provides significant task performance advantages to entrepreneurs in addressing the problem of uncertainty, in part, through enhanced predictive capabilities. What is less clear, however, is whether AI tools enable entrepreneurs to manage the problems of Knightian uncertainty-a fundamental type of uncertainty that manifests in entrepreneurship through a cascading set of four interrelated problems: actor ignorance, practical indeterminism, agentic novelty, and competitive recursion. In this study, we argue that the predictive capabilities and task performance advantages of AI are contingent upon the ability of these systems to grapple with the problems of Knightian uncertainty. We investigate the logic of this approach through an in-depth analysis of the limits of foundational and emerging types of AI to address these problems, identifying fundamental areas of computational irreducibility where the manifestation of these problems limits the use of AI in entrepreneurship.