Does AI Prediction Scale to Decision Making?

Artificial intelligence (AI) excels at prediction.1 Large language models (LLMs), for example, are remarkable at predicting the next word and stringing together fluent text. AI's predictive power extends beyond language to generate moving visuals and audio. AI models are trained with vast amounts of data and they use the statistical associations and patterns in the data to generate outputs. But does AI's ability to predict scale to decision making? Do relatively mundane (albeit impressive) forms of prediction--like predicting the next word--extend to reasoning in novel situations and to decision making in the real world?12