1/2: #ArtificialIntelligence: Foundational Models argued to be genuine and perhaps unlimited competition for human work. 1/2: #AI: Birth of the Foundational Models. Ludwig Siegele, Economist. (Originally posted June 28, 2022)

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1/2: #ArtificialIntelligence: Foundational Models argued to be genuine and perhaps unlimited competition for human work. 1/2: #AI: Birth of the Foundational Models. Ludwig Siegele, Economist.
(Originally posted June 28, 2022)

https://www.economist.com/interactive/briefing/2022/06/11/huge-foundation-models-are-turbo-charging-ai-progress
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Erik Brynjolfsson, an economist at Stanford, worries that an obsession with scale and person-like abilities will push societies into what he calls a “Turing trap”. He argues in a recent essay that this focus lends itself to the automation of human activities using brute computational force when alternative approaches could focus on augmenting what people do. And as more people lose their jobs their ability to bargain for a fair share of the benefits of automation will be stymied, leaving wealth and power in fewer and fewer hands. “With that concentration comes the peril of being trapped in an equilibrium in which those without power have no way to improve their outcomes,” he writes