It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says

L4sBot@lemmy.worldmod to Technology@lemmy.world – 260 points –
It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says
businessinsider.com

It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says::undefined

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But that's plain fantasy at this point. The current form of AI is fundamentally not intelligent. Advancement of the current form of AI won't change that.

The current form of AI is like the speech center of your brain. On its own it does not constitute a brain, nor will it ever "evolve" to be its own brain.

So the current form of AI may end up forming a small part of the whole, but that whole is as of yet still a fantasy.

I’m not sure you fully appreciate what “advancement” means.

In this context I’d imagine you meant what the technology could evolve into. But what I’m saying is the technology is fundamentally incapable of being intelligent.

I imagine you think of “the technology” as just artificial intelligence in general. I’m talking about the actual technology in todays “ai”. The inner workings.

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