My default worry is that ML will increase inequality. It basically contributes more valuable forms of capital, and the return on capital long-term does not seem to go down much as its supply increases (according to Piketty, at least).
But this isn't a given at all, and there are tantalizing data points that suggest ML could push in the other direction, as TFA notes.
Overall I agree with this quote from TFA, that it's not a prophecy, but a choice we can make:
>"We have choices about how we design our systems." With the right design of AI systems (and also public policies), Brynjolfsson says, AI might be able to usher in more widely shared prosperity.
also:
>"And one of my pleas to business managers and to technologists is to think harder about using AI to augment humans and to benefit humanity more broadly rather than have all of the benefits accrued to a very small group."
I'm trying to keep on the lookout for such applications, so if you know of good ones, mention 'em!
My default worry is that ML will increase inequality. It basically contributes more valuable forms of capital, and the return on capital long-term does not seem to go down much as its supply increases (according to Piketty, at least).
But this isn't a given at all, and there are tantalizing data points that suggest ML could push in the other direction, as TFA notes.
Overall I agree with this quote from TFA, that it's not a prophecy, but a choice we can make:
>"We have choices about how we design our systems." With the right design of AI systems (and also public policies), Brynjolfsson says, AI might be able to usher in more widely shared prosperity.
also: >"And one of my pleas to business managers and to technologists is to think harder about using AI to augment humans and to benefit humanity more broadly rather than have all of the benefits accrued to a very small group."
I'm trying to keep on the lookout for such applications, so if you know of good ones, mention 'em!