AI, un-humanlike intelligence and the economyReport Date: 19th March, 2014
Artificial intelligence (AI) is no longer science fiction. AI will replace and improve on most, if not all, human productive activity and skills over the coming decades and has the potential to displace humankind at the top of the pecking order. It does so by threatening the economic contribution of humans and thus their dominant standing. There is a pessimistic, dystopian outcome, where robots replace human skilled labour without creating new opportunities for them. But revolutionary change through technology is not without precedent and the increased value-added from AI will allow human society to toil less and expand creativity more to the common benefit, just as previous technological revolutions have done — after a period of transition.
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