Imagine an AI with the power of computation and prediction such that it could centrally plan an economy better than capitalism, communism, or anything else in between or more extreme, by whatever measure you pick. That same predictive power would let it compute price movements in an open market better than humans too. By doing so it could accumulate the financial, and then the political power required to in fact control the economy. So if an AI with such power comes to exist, whether we choose to let it distribute society's resources may not matter.
I’m sure an AI that can do that is not all that far away. The problem is how do you wrench power away from the rich and powerful. Some people just want to feel superior to others so we’re going to have to provide another way of making that happen. That’s a whole paradigm shift and only then will people accept what the AI is telling them.
AI is better at determining the right price? Beat the capitalists at their own game and speculate (buy/sell) in the free markets. Reinvest the profits and soon the AI will just own everything.
Before you know it, we’ll hit that sweet singularity and all be back in our 21 year old
bodies sipping corona on the beach.
So you're saying the most efficient capital allocators are getting more capital to allocate. Huh. If only we could build a system around that idea... ;)
I think this is why Millennials don't own any land. If you COULD come up with AI the middle-school dream is using it to buy a lot of land.
There's a social dimension to this.
I have heard through rumors of 2 people "buying" (ie with a mortgage, not really buying because there is a commensurate loan and they're not net ahead) a house. 2. Out of thousands, like it's impossible. No, let's see, no there's 3. Yeah 3 out of like six thousand. The 99.95% can buy a house. Well I haven't tracked the really rich friends from among them, the heirs, but that's exceptional.
Dude it's a shitshow. Everyone born after like 1981 is just getting fucked out of rent every month. Always behind on the landlord's allowance. Behind on his monthly rape. It's literally that, pay up or you're on the street getting raped, it's literally that for women (my sister worked in a nonprofit that helped evicted women they were getting fucked) and that's why broke beautiful women don't live in California, they leave. Get evicted, morally can't become a prostitute, packs her shit. I witnessed this, the party scene in SF sucks compared to 2011-2012. Gorgeous girls don't give it a chance because the rent is disgusting. You literally get government help if you make under $120000 a year, because the rent is extortionate. Rape extortion. Because cops don't help the homeless, and the homeless is whoever is behind on rent.
Bringing up a five year old is a really good point. If some group wanted more resources than allotted, they'd just lie and say the resources never arrived, or other malicious behavior. Both an AI and a five year old would have trouble doing anything other than accepting that claim at face value and just giving them more resources.
Between that and your main point, an AI would have to be deeply aware of human behavior, and be able to put force behind its allocations. That's starting to sound like a good sci fi story where humans are mistreated "for their own good".
The reason this will never happen is that AI managing resources will still be orders of magnitude more efficient as a market phenomenon over a single monolithic machine.
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[ 3.4 ms ] story [ 43.4 ms ] threadAI is better at determining the right price? Beat the capitalists at their own game and speculate (buy/sell) in the free markets. Reinvest the profits and soon the AI will just own everything.
Before you know it, we’ll hit that sweet singularity and all be back in our 21 year old bodies sipping corona on the beach.
There's a social dimension to this.
I have heard through rumors of 2 people "buying" (ie with a mortgage, not really buying because there is a commensurate loan and they're not net ahead) a house. 2. Out of thousands, like it's impossible. No, let's see, no there's 3. Yeah 3 out of like six thousand. The 99.95% can buy a house. Well I haven't tracked the really rich friends from among them, the heirs, but that's exceptional.
Dude it's a shitshow. Everyone born after like 1981 is just getting fucked out of rent every month. Always behind on the landlord's allowance. Behind on his monthly rape. It's literally that, pay up or you're on the street getting raped, it's literally that for women (my sister worked in a nonprofit that helped evicted women they were getting fucked) and that's why broke beautiful women don't live in California, they leave. Get evicted, morally can't become a prostitute, packs her shit. I witnessed this, the party scene in SF sucks compared to 2011-2012. Gorgeous girls don't give it a chance because the rent is disgusting. You literally get government help if you make under $120000 a year, because the rent is extortionate. Rape extortion. Because cops don't help the homeless, and the homeless is whoever is behind on rent.
Without giving too much away, it's a very entertaining, dark-humored work of fiction. Think Black Mirror but kind of funny.
It focuses on the topic of humanity overseen by a mysterious AI entity.
An AI in control of humanities resources was also the plot of one of the stories in I, Robot (the book, not the movie).
We could easily make rules for fair distribution. We just won’t follow them.
Between that and your main point, an AI would have to be deeply aware of human behavior, and be able to put force behind its allocations. That's starting to sound like a good sci fi story where humans are mistreated "for their own good".
Why not allow the 7 billion real intelligences and their families distribute their own money.
You can't mass produce AI with unskilled labour for free.
No thank you!