Welfare as a Guiding Principle for Machine Learning -- From Compass, to Lens, to Roadmap

ArXi:2502.11981v3 Announce Type: replace-cross Decades of research in machine learning have given us powerful tools for making accurate predictions. But when used in social settings and on human inputs, better accuracy does not immediately translate to better social outcomes. To effectively promote social well-being through machine learning, this position article advocates for the wide adoption of \emph{social welfare} as a guiding principle.