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by sgt101
2337 days ago
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This worth reading - a serious and interesting write up. I'm concerned by the language around how the economy works here "that suggests that the market expects..." The market doesn't expect a thing - the market is made of a herd that flocks from shiny thing to shiny thing. It's not a rational system and modelling it as such is surely completely debunked at this point? Also the section on regulation is narrow; the responses cited - putting managers in, licensing a regulator to check outcomes - are weak and old fashioned. Two fundamentals are not mentioned; first an investigative and proselytizing enforcement agency as per areospace that can identify specific routes to failure and then communicate them to the professional and business actors. Secondly professions in the sense of proper engineers who are personally liable and insured and required for the use of the technology (brew what you like in your room, but if you use it on people then prison beckons). Third process and infrasturture that is required for use and that no professional would contemplate life without (like design drawings and stress analysis in engineering). The section on the political economy of AI is interesting, it put me in mind of the latest William Gibson book "Agency" in there there is a quote - something along the lines of "at the boundary of unauthorized military research and the most reckless kind of commercial use" describing the origination of an AI. The framing and narrative of the book is much more plagent and potent than the literature of economic analysis; the data and logic of the economists so far are not as convincing as fiction and polemic. If I was an economist I would be concerned by that. |
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