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Showing posts with label people. Show all posts
Showing posts with label people. Show all posts

Friday, May 10, 2024

The Benefits and Pitfalls of Artificial Intelligence - AI

The Best Star-Wars Scenario for the Artificial Intelligence (AI) Revolution


AI and the Importance of Regulation from a Star-Wars Perspective


By 


While the uses and capabilities of artificial intelligence (AI) continue to grow at a fast pace, the head-long rush into new frontiers could have significant drawbacks.  As Anton Korinek, an AI expert at the University of Virginia, described in a recent blog, AI systems could soon replace relatively unskilled cognitive workers, like people who work in call centers or low-level accountants.  More disruptively, such systems could eventually learn to do more complex tasks, take over robotics and manufacturing, and displace manual laborers and highly skilled cognitive workers, causing wages to crash and inequality and hardship to deepen.

Artificial Intelligence and Star Wars
Such a dystopia would not be far from some of the scenarios depicted in Star Wars, that futuristic saga of events in a galaxy far, far away, where worlds of oppression and injustice co-exist with others aiming for a more perfect order.  And as Korinek indicates, a more perfect order is possible.  Indeed, the extent to which AI disrupts the labor market and how much it affects people, may well depend on the degree of regulation governments establish.  Consider as analogies, three different cases from the Star Wars universe.

Anarchic State: The Outer Rim Territories

Artificial Intelligence Benefits and Downsides
In the Star Wars galaxy, the Outer Rim Territories often represent a rugged, lawless or less regulated area where the central government’s influence is weak and predators roam.  This can be likened to countries that don’t regulate AI, leading to a kind of anarchy where innovation is unbridled and the risks associated with unchecked AI development abound.  A lack of regulation can spur rapid technological advances.  But it can also lead to ethical dilemmas, misuses of technology, and harm to society, as happens in planets like Tatooine, which is controlled by wealthy and powerful crime lords, but where most inhabitants, including small-town residents and farmers, live in poverty or just scrape by.  Such an imbalance creates a stark contrast between the powerful few and the impoverished majority.  Unfortunately, many countries in Latin America and the Caribbean may end up in a similar equilibrium.  AI in such a scenario would grow, as would productivity and wealth.  But its fruits would benefit only those with access to the means of production, rather than the populace as a whole.

Authoritarian Regulation: The Galactic Empire

The Galactic Empire represents a highly centralized and authoritarian regime where control is exercised over many aspects of life, including technology and scientific advancement.  In this analogy, the Empire’s approach to regulation might create rents — privileges granted by the government in response to lobbying or other manipulation — in the same way that poorly implemented AI regulations could favor certain industries or companies.  This can stifle innovation in other sectors.  It can concentrate power and wealth, leading to inequality and potential abuses of power, akin to how the Empire benefits a select few while suppressing the majority.  Some countries in our region will try to prevent the negative effects of AI.  They will regulate what can and can’t be done with it.  For example, AI may be used to check legal documents, but a lawyer may still need to sign off.  It could be used to diagnose patients, but a doctor would still need to sign the prescriptions.  In other words, to preserve certain jobs, many tasks that could be done independently and unburdened by bureaucracy may still have to pass through physical hands.  Some people will benefit from these rents created by the government.  But those not so lucky to be part of a guild or pressure group may lack access both to the benefits of AI and the government-protected rents.

Balanced Regulation: The Galactic Republic

Before its fall, the Galactic Republic was a democratic union that governed a large portion of the galaxy.  It represents a more balanced and fair approach, striving to benefit all.  This would be akin to well-thought-out policies and regulations that aim to tax excess profits and ensure that the benefits of AI advancements are broadly shared across society.  Such regulation would ideally mitigate risks.  It would promote innovation and fairness, ensuring that AI serves the public good and doesn’t lead to significant societal disparities.  Governments would let AI flourish and achieve its massive potential for increasing prosperity and wealth.  But they would also find ways to redistribute the benefits in ways that maximize welfare.

Choosing the Best Star-Wars Scenario for the AI Revolution

Government decisions will be crucial in determining which of these scenarios characterize countries in Latin America and the Caribbean.  Anarchy and the Empire are not difficult to achieve.  Governments in the region, which have traditionally been known for introducing bad and distorting regulation could easily facilitate one of those two realities.  Becoming the Galactic Republic is much harder.  To reach that more enlightened state, governments have to invest resources to understand the benefits and pitfalls of AI, generate the conditions for its development, and control its excesses.  They also have to develop a strong social safety net, improve the way they levy taxes — when, where and on what — and make significant investments in public goods and infrastructure. Individuals, in the meantime, will have to find alternative ways of working so they can flourish individually and as a group.  Investing in government capabilities to deal with the new realities created by AI is long overdue.  Unfortunately, many governments may be too passive, delaying till it’s too late.  At that stage, there may be only two choices: that of the anarchic state or the state that benefits only the powerful few.

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Wednesday, December 8, 2021

People and Businesses of Vision Enterprisingly Linking, Networking, Supporting and Advertising in Unity for the Ongoing Benefits of Every Deserving Member in the Group

OTHER PEOPLE WELCOME AND APPRECIATE LOVE, LIKES AND COMMENTS ON THEIR SOCIAL MEDIA, AND OTHER POSTS TOO


By Dennis Dames


Teamwork in a Business Promotions Network
We need to understand and truthfully embrace the worthy concepts and enormous value of communication, collaboration, and reciprocation - in the people and businesses networking, sharing and promoting world.
As we focus toward advancing our precious works, goods and services - through networking and business promotion groups, we need to do more than just join, and post in perpetual isolation.
We need to encounter and engage other members to link with us in the spirit of productive interaction; where we are actively involved in supporting each other faithfully - for the deserved benefits of every productive participant.
We are all in the marketing, sharing and connecting business to be more positively recognized, accepted, favored, and to make good money. The more customers and prospects who are conscious of our business products and services, the greater the chance of achieving sales goals successfully every time.
Teamwork for Networking and Advertising Success - on and offline

That’s why it’s important for on - and offline marketers and networkers to embrace the noble idea of: You scratch my back -and I scratch your back. Everyone becomes a winner with such a winning approach and strategy.
It’s the prime reason why we should join business promotions and networking groups; to help fellow members advance profitably - in an environment of dedicated oneness.
The story writer in the group is seeking support for their work; so, let’s support the story writer - and invite them to return the favor. The blogger is also looking for positive endorsements of their lot; thus, let’s support the blogger - and encourage them to reciprocate and participate accordingly.
International Marketers Together For Success

The entrepreneur and business person are in the continuous hunt for new prospects, customers and supporters of their respective venture - as well. Therefore, let’s support the profitable growth of enterprising entrepreneurs and other commercial entities in our business, networking and promotions community; and request that they endorse as a prudent practice- the same in return.
Let’s dutifully commit to share, support and promote each other brands, products businesses and services as a universally resolved and unified marketing team - with a collective determination to be a role model for every ambitious, focused and resolute networker, affiliate marketer and salesperson; on and off the Worldwide Web.

Monday, December 6, 2021

People and Businesses in E-Business Networking for Success

JOIN THE PEOPLE, WEBSITE AFFILIATES, NETWORK MARKETERS, WEBMASTERS AND ENTREPRENEURS BUSINESS NETWORKING GROUP ON FACEBOOK




E-Business Networking
We invite you to join us connecting, linking, sharing, collaborating, assisting, supporting, networking and promoting in an ever expanding enterprising group on Facebook.
The spammers, scammers, harmers, link farmers, snake charmers and the like - are not welcome or tolerate in our community of serious-minded and ambitious business people.
We encourage and promote - people and businesses networking - for the ongoing personal and collective rewards of all deserving members.
We want the best of success for every subscriber of our group. So, we continue our dedicated efforts to recruit others of like mind to link-up with us for enduring strength, and handsome and motivating returns.
We exist to bring more and more new customers and prospects to our members and their work. So, we are constantly in search of ideal and appropriate places to effectively promote the group.
We welcome you to unite with us, and let’s network together for lasting benefits and worth.