can/should machines run the world?

From “futureoflife.org“, here is a short excerpt on future directions of artificial intelligence research.

What policies could help increasingly automated societies flourish? For example, Brynjolfsson and McAfee [12] explore various policies for incentivizing development of labor-intensive sectors and for using AI-generated wealth to support underemployed
populations. What are the pros and cons of interventions such as educational reform, apprenticeship programs, labor-demanding infrastructure projects, and changes to minimum wage law, tax structure, and the social safety net [26]? History provides many examples of subpopulations not needing to work for economic security, ranging from aristocrats in antiquity to many present-day citizens of Qatar. What societal structures and other factors determine whether such populations flourish? Unemployment is not the same as leisure, and there are deep links between unemployment and unhappiness, self-doubt, and isolation [34, 19]; understanding what policies and norms can break these links could signifi cantly improve the median quality of life. Empirical and theoretical research on topics such as the basic income proposal could clarify our options [83, 89].

Please follow the link if you would like to see the references.

Also see The Evitable Conflict, the last story in Asimov’s I, Robot. No, not the Will Smith movie! Just put that out of your head and read the book, it’s short. Anyway, in that story humans have handed control of the global economy over to “Machines”, artificial intelligences which are supposed to smooth everything out and keep everything perfectly balanced. Only it doesn’t work out exactly that way, and the humans are trying to figure out why not, and whether or not they should try to do anything about it. This story was written in 1950, so it should be in the public domain soon. Another great old story that is in the public domain is Forster’s The Machine Stops. In that story (from 1909!), a machine runs the entire world, and is supposed to smooth everything out and keep everything perfectly balanced. Only it doesn’t work out exactly that way. Or, it does for awhile, but then the machine… well, I don’t want to spoil it for you. It’s free and it’s short, so give it a read!

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