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Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

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Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#2
"But it also has some downsides that we’re gonna have to figure out in terms of not eliminating jobs. It could increase inequality. It could suppress wages."

No doubt that advances in technology have always done away with jobs. We're almost to the point at which the biggest blue collar industry (truck drivers) is about to be wiped out by self driving trucks. What I'm concerned about is the government stifling innovation such as driverless trucks to retain those jobs, or some sort of regulation that stifles the technology's potential. What is the alternative?

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#3

"But it also has some downsides that we’re gonna have to figure out in terms of not eliminating jobs. It could increase inequality. It could suppress wages." No doubt that advances in technology have always done away with jobs. We're almost to the point at which the biggest blue collar industry (truck drivers) is about to be wiped out by self driving trucks. What I'm concerned about is the government stifling innovat…

I'm more and more convinced that a UBI is the only way to deal with this problem, so the unemployed have a buffer to retrain to a new skillset.

Of course, replacing the current social safety net (food stamps, et. al.) with a UBI would likely result in the trimming of government bureaucratic jobs. Everything's a trade off.

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#4
post #3

"But it also has some downsides that we’re gonna have to figure out in terms of not eliminating jobs. It could increase inequality. It could suppress wages." No doubt that advances in technology have always done away with jobs. We're almost to the point at which the biggest blue collar industry (truck drivers) is about to be wiped out by self driving trucks. What I'm concerned about is the government stifling innovat…

I'm more and more convinced that a UBI is the only way to deal with this problem, so the unemployed have a buffer to retrain to a new skillset. Of course, replacing the current social safety net (food stamps, et. al.) with a UBI would likely result in the trimming of government bureaucratic jobs. Everything's a trade off.

I would take a look at this argument done by Obama's main economist. He basically argues that UBI isn't actually that good because it doesn't shrink the gap as much as current systems (progressive taxes and the like). Plus it is a good read anyways because it is a much longer detailed analysis.

https://www.whitehouse.gov/sites/default/files/page/files/20...

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#5
> OBAMA: The way I’ve been thinking about the regulatory structure as AI emerges is that, early in a technology, a thousand flowers should bloom.

I gotta say, I thought he'd be more familiar with that metaphor.

https://en.m.wikipedia.org/wiki/Hundred_Flowers_Campaign

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#6
post #5

> OBAMA: The way I’ve been thinking about the regulatory structure as AI emerges is that, early in a technology, a thousand flowers should bloom. I gotta say, I thought he'd be more familiar with that metaphor. https://en.m.wikipedia.org/wiki/Hundred_Flowers_Campaign

The way I've been thinking about AI is that it reduces the need for grasping administrators with a surface understanding of technology. I'm not too surprised that the head administrator would see it in terms of his office gaining manifold new powers, though.

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#7
post #5

> OBAMA: The way I’ve been thinking about the regulatory structure as AI emerges is that, early in a technology, a thousand flowers should bloom. I gotta say, I thought he'd be more familiar with that metaphor. https://en.m.wikipedia.org/wiki/Hundred_Flowers_Campaign

Thank you for sharing. I hadn't heard the phrase before.

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#8
post #3

Earlier quoted context omitted.

I'm more and more convinced that a UBI is the only way to deal with this problem, so the unemployed have a buffer to retrain to a new skillset. Of course, replacing the current social safety net (food stamps, et. al.) with a UBI would likely result in the trimming of government bureaucratic jobs. Everything's a trade off.

I would take a look at this argument done by Obama's main economist. He basically argues that UBI isn't actually that good because it doesn't shrink the gap as much as current systems (progressive taxes and the like). Plus it is a good read anyways because it is a much longer detailed analysis. https://www.whitehouse.gov/sites/default/files/page/files/20...

Thank you, I skimmed the first two pages of that, will read the whole thing soon. Looks quite well thought out.

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#9
post #3

Earlier quoted context omitted.

I'm more and more convinced that a UBI is the only way to deal with this problem, so the unemployed have a buffer to retrain to a new skillset. Of course, replacing the current social safety net (food stamps, et. al.) with a UBI would likely result in the trimming of government bureaucratic jobs. Everything's a trade off.

I would take a look at this argument done by Obama's main economist. He basically argues that UBI isn't actually that good because it doesn't shrink the gap as much as current systems (progressive taxes and the like). Plus it is a good read anyways because it is a much longer detailed analysis. https://www.whitehouse.gov/sites/default/files/page/files/20...

"The issue is not that automation will render the vast majority of the population unemployable. Instead, it is that workers will either lack the skills or the ability to successfully match with the good, high paying jobs created by automation."

So those who are doing jobs that AI can do better and more cheaply than any human, they are going to somehow gain skills and/or ability to perform new good, high paying jobs created by automation? I don't buy it. Analogues to those hypothetical future high-quality jobs already exist, so why aren't the people in the soon-to-be obsolete jobs already doing the existent high quality jobs? Do they not like money? Training for these jobs has never been cheaper!

Re: Barack Obama on A.I., Autonomous Cars, and the Future of Humanity

#10

"But it also has some downsides that we’re gonna have to figure out in terms of not eliminating jobs. It could increase inequality. It could suppress wages." No doubt that advances in technology have always done away with jobs. We're almost to the point at which the biggest blue collar industry (truck drivers) is about to be wiped out by self driving trucks. What I'm concerned about is the government stifling innovat…

The alternatives are mostly the pointless gestures we see when the government tries to protect jobs from progress, such as the regions where self-serve gas is illegal. I don't see any viable regulation of AI, other than some attempt to tax it.
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