intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century. it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers, and, quote, choke democracy ? how? ai is a continuation of a trend that started perhaps around forty years ago, where we have been using digital technologies, for changing how production is organised, who controls information, and how we communicate.
of the great technological shifts in human history over the past millennium. would you say that artificial intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century, it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers, and, choke democracy? how? ai is a continuation of a trend that started perhaps around two years ago, where we have been using digital technologi
of existential risk really takes our attention off the more mundane and daily user of ai and digital technologies, that are inequality generating, that are centralising information, that are boosting the inequities that exist. i think a very important point that, you know, hg wells captured, in the time machine, when he said, you know, when talking of human dominion about nature, we forget that it s always entangled with human dominion over other humans. that s the danger. we are using ai in a way to subjugate people, reduce their autonomy, reduce their agency, reduce their contribution to production, and that s being done not because machines have taken over but because a small cadre of people are shaping the future of ai. what we see right now in the world economy is a fundamental shift away from assumptions
things are already being used for centralising information further, and replacing workers that used to do simple analytical tasks such as writing tasks or summarising news and so on, that is only going to expand. it is the choice we have to make, how we will develop these technologies, and how we will use them, that is the critical one, especially when we are at the cusp of more and more investment in this generative ai. but as an economist you know that these technologies, including ai, are already being employed across the industrialised world, and if you also know that if you look at united kingdom or the united states, have almost structurally full employment. yes, we have people out of work but not very many and job markets are very tight. and if you look at, for example, consultancy groups like pwc, they ve analysed what they think will happen as a result of ai, they wrote a report called, will robots really steal ourjobs?
of the great technological shifts in human history over the past millennium. would you say that artificial intelligence, the supremacy of the algorithm, represents one of those transformational moments for humankind? i m not sure that it does. but there is a fair chance that it will have transformative effects. it is all commonplace to compare it to the fire, or to the rise of industrial machinery starting in the 18th century, it remains to be seen whether it will be as important for our productivity and our lives, but we are already seeing some of its deep effects on how we organise our democracy, and inequality in modern nations. maybe you are not quite so sure about how dramatic its transformational impact will be, but you certainly seem to be pretty sure that you re sceptical. you say ai will fuel inequality, disempower workers,