omdok
No Result
View All Result
Monday, August 8, 2022
  • Login
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Tech
  • Real Estate
Subscribe
omdok
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
omdok
No Result
View All Result
Home Tech

Sam Altman CEO OpenAI, artificial intelligence revolution generate wealth

June 11, 2021
in Tech
155 1
Sam Altman CEO OpenAI

Sam Altman CEO OpenAI

31
SHARES
3.1k
VIEWS
Share on FacebookShare on Twitter

“The technological progress we make over the next century will dwarf everything we have accomplished since we first harnessed fire and invented the wheel,” Sam Altman writes in his essay “Moore’s Law for Everything.” “If we as a society manage this revolution responsibly, it will generate enough wealth to ensure that everyone has what they need.”

Altman is the chief executive officer of OpenAI, one of the largest and most influential players in the field of artificial intelligence. His argument is as follows: Since the 1970s, computers have improved exponentially in performance while remaining affordable, a phenomenon known as Moore’s Law. Altman believes that artificial intelligence has the potential to bring us closer to Moore’s Law for everything: it has the potential to make everything better while also making it cheaper. You name it: housing, health care, and education.

However, what struck me most about his essay was the final sentence: “if we as a society manage it responsibly.” Because, as Altman acknowledges, if he is correct, A.I. will generate phenomenal wealth primarily through the destruction of countless jobs — which is a significant part of how everything becomes cheaper — and the transfer of enormous amounts of wealth from labor to capital. And whether that world becomes a post-scarcity utopia or a feudal dystopia is entirely dependent on how wealth, power, and dignity are distributed — on politics.

Thus, this is a discussion of the political economy of the next technological era. Of course, some of it is speculative, but much of it is not. This rebalancing of power and wealth is already taking place. Altman proposes a solution: a shift toward taxing land and wealth and redistributing them equally. We discuss that concept, but also the political economy that underpins it: Are the people gaining all this power and wealth truly willing to submit to increased taxation? Or are they going to fight it tooth and nail?

Additionally, we discuss who is funding the A.I. revolution, the business models that these systems will employ (and the dangers inherent in those business models), how A.I. will alter the geopolitical balance of power, whether we should allow trillionaires, why the political debate over A.I. is stalled, why a pro-technology progressivism must also embrace a radical politics of equality, and what global governance model will emerge.

You can listen to our entire conversation by subscribing to “The Ezra Klein Show” on Apple, Spotify, Google, or any other podcast provider.

Tags: Artificial Intelligence

Market News

Julie Bishop is in a video with Hollywood stars for her new job with a mining services company in Perth. The video is for new employees.
Business

Julie Bishop Hollywood heavyweights, wiki bio net worth video Instagram

by adminmi
July 17, 2022
0

Julie Bishop says that a Perth mining services company will give her a new job. In a funny new video...

Read more
Apple just came out with a new MacBook Air that comes in four colors: silver, space gray, new starlight, and midnight.

 2022 Updated features MacBook Air silver, space grey and new starlight and midnight

July 17, 2022
Why is the euro falling dollar parity definition, stock market today

Why is the euro falling dollar parity definition, stock market today

July 12, 2022
Elon Musk has taken steps to cancel his agreement to buy Twitter. But the company is set on making the deal happen anyway.

The case between Elon Musk and Twitter is now in court, $44 billion offer to buy

July 10, 2022
In June, Charif Souki was in London.

Charif Souki tellurian news net worth, LNG plant at Sabine Pass is in Cameron

July 10, 2022
Real Estate

Jada group Sydney construction industry collapses, report Mac Insolvency lodged with ASIC

July 19, 2022

Categories

  • Business
  • Cryptocurrency
  • Economy
  • Gadget
  • Markets
  • Politics
  • Real Estate
  • Startup
  • Tech
  • Uncategorized
  • World

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
omdok

About the latest trends in the business world in-depth features on a variety of topics. Focus on the intersection between business and pop culture and between business and politics.

omdok.com © 2021 all rights reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
  • World
  • Economy
  • Business
  • Markets
  • Tech
  • Real Estate

omdok.com © 2021 all rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version