AI and the Opportunity for Shared Prosperity: Lessons from the History of Technology and the Economy
Recent progress in artificial intelligence (AI) marks a pivotal moment in human history. It presents the opportunity for machines to learn, adapt, and perform tasks that have the potential to assist people, from everyday activities to their most creative and ambitious projects. It also has the potential to help businesses and organizations harness knowledge, increase productivity, innovate, transform, and power shared prosperity. This tremendous potential raises two fundamental questions: (1) Will AI actually advance national and global economic transformation to benefit society at large? and (2) What issues must we get right to fully realize AI's economic value, expand prosperity and improve lives everywhere? We explore these questions by considering the recent history of technology and innovation as a guide for the likely impact of AI and what we must do to realize its economic potential to benefit society. While we do not presume the future will be entirely like that past, for reasons we will discuss, we do believe prior experience with technological change offers many useful lessons. We conclude that while progress in AI presents a historic opportunity to advance our economic prosperity and future wellbeing, its economic benefits will not come automatically and that AI risks exacerbating existing economic challenges unless we collectively and purposefully act to enable its potential and address its challenges. We suggest a collective policy agenda - involving developers, deployers and users of AI, infrastructure providers, policymakers, and those involved in workforce training - that may help both realize and harness AI's economic potential and address its risks to our shared prosperity.
Code (0)
등록된 구현이 없습니다.
Similar Papers 제목 키워드 기반
A Shared Task of a New, Collaborative Type to Foster Reproducibility: A First Exercise in the Area of Language Science and Technology with REPROLANG2020
n this paper, we introduce a new type of shared task {---} which is collaborative rather than competitive {---} designed to support and fosterthe reproduction of research results. We also describe the first event running…
AI and Shared Prosperity
Future advances in AI that automate away human labor may have stark implications for labor markets and inequality. This paper proposes a framework to analyze the effects of specific types of AI systems on the labor marke…
Editorial: Understanding Cryptocurrencies
Cryptocurrency refers to a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Although the technology is widely misunderstood, many central banks are considering…
On The Quest For Economic Prosperity: A Higher Education Strategic Perspective For The Mena Region
In a fast-changing technology-driven era, drafting an implementable strategic roadmap to achieve economic prosperity becomes a real challenge. Although the national and international strategic development plans may vary,…
Scrapyard AI
This paper considers AI model churn as an opportunity for frugal investigation of large AI models. It describes how the incessant push for ever more powerful AI systems leaves in its wake a collection of obsolete yet pow…