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Ed Elson

๐Ÿ‘ค Speaker
6546 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
What the AI Scare Gets Wrong

This was a YouTube comment that I read this morning that was responding to Josh's view that I think is kind of similar to us, that this article is a little bit out there and it's fiction, it's not going to happen.

Prof G Markets
What the AI Scare Gets Wrong

So I just want to get your reactions to this YouTube comment.

Prof G Markets
What the AI Scare Gets Wrong

This guy says, Okay, Josh, but what happens when AI renders my kid's $250,000 finance undergraduate degree useless because he can't get an entry-level analyst job because the jobs have all been assimilated under some AI chatbot?

Prof G Markets
What the AI Scare Gets Wrong

if their law degree is useless because they can't get an associate job because the partners have discovered AI can get rid of 80% of their associates and paralegals.

Prof G Markets
What the AI Scare Gets Wrong

When this hits white-collar the way automation has hit blue-collar jobs, then what?

Prof G Markets
What the AI Scare Gets Wrong

Are we all communists for advocating for UBI?

Prof G Markets
What the AI Scare Gets Wrong

Or do they all pivot to just deliver for Uber Eats?

Prof G Markets
What the AI Scare Gets Wrong

Oh, wait, they can't.

Prof G Markets
What the AI Scare Gets Wrong

All the cars are autonomous because of a robotic delivery driver."

Prof G Markets
What the AI Scare Gets Wrong

This was a popular comment on the YouTube.

Prof G Markets
What the AI Scare Gets Wrong

I just wanna see if you have any thoughts or responses to that.

Prof G Markets
What the AI Scare Gets Wrong

I think the thing that a lot of people are feeling right now is there's this incredible cognitive dissonance because the argument for what could go right, as you say, is actually very, very strong.

Prof G Markets
What the AI Scare Gets Wrong

And we've heard it from you, we've heard it from me, and we've heard it from many others.

Prof G Markets
What the AI Scare Gets Wrong

At the same time, the argument for what could go wrong is also quite strong because this technology is incredibly powerful and we don't know what's going to happen.

Prof G Markets
What the AI Scare Gets Wrong

We are at such a time of incredible uncertainty

Prof G Markets
What the AI Scare Gets Wrong

having a position on either side, both of them are very reasonable.

Prof G Markets
What the AI Scare Gets Wrong

And that's why I think a lot of people would maybe listen to us right now and say, oh, they're talking out of both sides of their mouth.

Prof G Markets
What the AI Scare Gets Wrong

It's like, yeah, because there are different futures here.

Prof G Markets
What the AI Scare Gets Wrong

And there are different probabilities to those different futures.