Artificial Intelligence: An Economic and Sociological Blackhole?

Aswathy Varughese

Abstract


Hawking flagged the risk associated with AI in many daises and remarked, “AI poses an existential threat to humanity”. In the realm of computer science, the subject matter of AI encompasses creation or development of intelligent machines that work, react, reason, analyze and what not!  it’s nothing but a human machine. Probably it can love too! Being the benefit reaper of technological advancements that supported his ill body and gave life to all his thoughts, words, imaginations and knowledge, Hawking was a sharp critique of AI. He once remarked, “The development of full artificial intelligence could spell the end of the human race and Humans, who are limited by slow biological evolution, couldn't compete, and would be superseded." The great mind who spoke about singularity of universe, event horizon and blackhole warned developing AI. Had he thought about economic singularity too, with an event horizon where all traditional economic models and theories break down? Probably the breakdown of whole humanity, that stays as a function with infinite values or no solutions.  


 


Keywords


Artificial Intelligence, Economic Singularity, Technology

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References


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