AI REVOLUTION IS HERE Pt.3
The Human Promise of the AI Revolution Artificial intelligence will radically disrupt the world of work, but the right policy choices can make it a force for a more compassionate social contract. Together, this allows AI to take over countless tasks across society: driving a car, diagnosing a disease or providing customer support. AI’s superhuman performance of these tasks will lead to massive increases in productivity. According to a June 2017 study by the consulting firm PwC, AI’s advance will generate $15.7 trillion in additional wealth for the world by 2030. This is great news for those with access to large amounts of capital and data. It’s very bad news for anyone who earns their living doing soon-to-be-replaced jobs. There are, however, limits to the abilities of today’s AI, and those limits hint at a hopeful path forward. While AI is great at optimizing for a highly narrow objective, it is unable to choose its own goals or to think creatively. And while AI is superhuman...