AI will increase inequality and raise tough questions about humanity, economists warn

Wed, 17 May 2023 14:26:25 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/ai-will-increase-inequality-and-raise-tough-questions-about-humanity-economists-warn-203056>

"On November 30 2022, OpenAI launched the AI chatbot ChatGPT, making the latest
generation of AI technologies widely available. In the few months since then,
we have seen Italy ban ChatGPT over privacy concerns, leading technology
luminaries calling for a pause on AI systems development, and even prominent
researchers saying we should be prepared to launch airstrikes on data centres
associated with rogue AI.

The rapid deployment of AI and its potential impacts on human society and
economies is now clearly in the spotlight.

What will AI mean for productivity and economic growth? Will it usher in an age
of automated luxury for all, or simply intensify existing inequalities? And
what does it mean for the role of humans?

Economists have been studying these questions for many years. My colleague
Yixiao Zhou and I surveyed their results in 2021, and found we are still a long
way from definitive answers."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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