The Dangers of the Transition to an AI Economy

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Please enjoy this short word-salad I tossed for you:

The key driver of AI adoption in all matters economic shall be its vast efficiency, however the degree to which AI will be able to innovate is yet to be seen. So far AI has shown a remarkable degree of path dependence, with its solutions to problems derived from the corpus of human knowledge. While its creativity factor is yet to be made manifest, it is evident that AI will replace humans in most repetitive and mundane tasks related to data processing, such as office work. The degree to which AI shall prove disruptive depends largely on people's awareness of the impending changes to the work environment. For the young generation to choose an AI-proof life strategy it needs to be aware of impending changes. For older generations not to become destitute they ought to put themselves in rent-seeking positions– deriving passive income from their work up to the AI revolution, for example by lobbying to strengthen intellectual property rights, demanding human oversight of AI in certain sectors such as law and policing or employ AI in administering their financial assets. Work may be retained in various cottage industries or human facing positions; it would be highly improbable for personal trainers, comedians or prostitutes for instance to be replaced by apps, androids or holograms. Humans are also most likely going to retain dominance in sport and entertainment.

A transition to an AI economy would be disruptive, with levels of unemployment rivalling those of the early industrial revolution and the 1920s. However while both previous cases were resolved through the mass creation of workplaces owing to demand of new industries, urbanisation, and war, this transition might introduce most widespread instability.

AI presents the ultimate challenge to all forms of security provision since it has the potential to undermine the key process which allows society to function, namely the need to work. AI has proven capable in performing simple tasks such as drafting emails or appealing parking tickets; there is no reason why this potential to replace human work might not be scaled. Automatisation of work, such as autonomous vehicle systems, synergise with AI, introducing the possibility of human irrelevance to large sectors of the economy, threatening both blue and white collar workers. Resource allocation and wealth creation being taken out of human hands would cause a shrinking and changing labour market, resulting in greater unemployment, increasing the ranks of dissatisfied individuals with no prospects but to turn to illicit activities or, at best, unproductive pursuits. This structural dissatisfaction was remarked upon by Kaczynski, the Unabomber, who attempted to prevent industrial society from reaching this goal through terrorism. Indeed, the worst-case scenario of an AI-led economy would be a Neo-Luddite domestic terrorist movement, especially cantankerous to deal with by law enforcement should it become a stochastic trend defined by lone-wolf attacks. This would be especially dangerous in the event that law enforcement itself becomes automatised and algorithmic, since this would create a feedback loop: neo-Luddite attacks would cause AI surveillance and decision making to enact measures to repress suspicious human activity, alienating more humans and growing the ranks of neo-Luddites.

Comment if you want me to continue my reflections on this.

PS: Consider this image- I could have wasted my time spending hours to make it, resulting in some goofy collage. Now I can get AI to do it in seconds at no cost (still). All I need is an idea and AI will provide me with a mediocre but perfectly satisfactory illustration of my idea. For the vast majority of people this is enough, this is liberating as it frees their time to do whatever they please. And for those that are not happy - the struggle to find meaning continues. And if you had not noticed that all the pieces on the chessboard are black you owe me a subscription ;)

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