Get ready for the GARP Risk and AI Exam with flashcards and multiple choice questions. Each question comes with hints and explanations. Prepare for success!

Multiple Choice

Which term describes reliance on AI outputs that feel plausible but may be wrong, leading to miscalibration of trust?

False confidence describes relying on AI outputs that seem plausible but may be wrong, causing trust to become miscalibrated. When a model presents a result with a convincing rationale, you can accept it with unwarranted certainty, even if its accuracy is not guaranteed. This specific misalignment between perceived reliability and actual correctness is the essence of the term. Automation bias is a broader tendency to favor automated recommendations over human judgment in general, while skill atrophy and complacency refer to skill loss and a general sense of ease, not the precise trust calibration issue described here.

False confidence describes relying on AI outputs that seem plausible but may be wrong, causing trust to become miscalibrated. When a model presents a result with a convincing rationale, you can accept it with unwarranted certainty, even if its accuracy is not guaranteed. This specific misalignment between perceived reliability and actual correctness is the essence of the term. Automation bias is a broader tendency to favor automated recommendations over human judgment in general, while skill atrophy and complacency refer to skill loss and a general sense of ease, not the precise trust calibration issue described here.