Wednesday, September 08, 2021
AI missing a BIIIIIIIIIIIG point.
In MindMatters as usual, Stephen Berger explores the ethical problems of 'Creative Destruction'.
Berger has solid empathy for the drivers and assembly workers who are displaced by DESTRUCTIVE DESTRUCTION (correct name) but he doesn't remember the world before Share Value.
Industrialists didn't need to be nice or altruistic. Their own PROFIT forced them to maintain and increase employment, and to maintain loyalty by decent salaries and decent treatment.
Globalization broke the feedback loop with employees. A company that sells everywhere has no motive to maintain employees in one location or plant.
Share value broke the feedback loop with customers. Investors want to see ZERO PRODUCTION AND ZERO CUSTOMERS AND ZERO EMPLOYEES. Investors want to see pure math, pure stock manipulation, with no physical limitations.
So the only real solution is to constrain both globalism and share value.
Return to the laws and regulations of 1939. Delete all laws and agencies formed since then, restore all laws and agencies of the New Deal.
In MindMatters as usual, Stephen Berger explores the ethical problems of 'Creative Destruction'.
Berger has solid empathy for the drivers and assembly workers who are displaced by DESTRUCTIVE DESTRUCTION (correct name) but he doesn't remember the world before Share Value.
Applying the Golden Rule to AI-driven innovation means being mindful about how AI is introduced and what jobs it replaces, especially initially. If the impact of AI is to take old junkers off the road, that is probably a societal benefit unless you are the owner of the old junker, now on the shoulder of the road, and it is the only way you have for getting around.This situation is relatively new, beginning around 1980. Before globalization and Share Value, the invisible hand WORKED. An industry that eliminated its workers, or moved its plants to China, would quickly feel the impact of the lost wages IN ITS OWN CITY. The feedback loop was CLOSED.
The problem is that AI is developed using that other Golden Rule, “He who has the gold rules,” and it is developed in a competitive environment with other AI developers. The most appealing business cases are the ones that will get funded. These business cases are seldom a secret. Other innovators see the opportunity and develop competitive solutions. The first company to bring a solution to the market will enjoy a very significant advantage. Who has the time or energy to worry about social impacts? If you don’t develop the system others will and you will be out of business. The focus is drawn to competitors and winning with little room left for contemplating the impacts of innovative AI technology.
Industrialists didn't need to be nice or altruistic. Their own PROFIT forced them to maintain and increase employment, and to maintain loyalty by decent salaries and decent treatment.
Globalization broke the feedback loop with employees. A company that sells everywhere has no motive to maintain employees in one location or plant.
Share value broke the feedback loop with customers. Investors want to see ZERO PRODUCTION AND ZERO CUSTOMERS AND ZERO EMPLOYEES. Investors want to see pure math, pure stock manipulation, with no physical limitations.
So the only real solution is to constrain both globalism and share value.
Return to the laws and regulations of 1939. Delete all laws and agencies formed since then, restore all laws and agencies of the New Deal.
Labels: AI point-missing, Natural law = Sharia law, Natural law = Soviet law, the broken circle
¶ 4:48 PM
