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One of DeepMind's founders says the biggest impact of AI is underappreciated - that contrary to many prevailing narratives, it will take power away from elites, not let them consolidate more. (futurology.today)

submitted 1 year ago by Lugh@futurology.today to c/futurology@futurology.today

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We live in an age where elites are consolidating power and money. We can see it all around us. It's tempting to think this will only continue, and AI will be just another tool to enable it to happen.

But I think OP has a better handle on what will happen. All the power and money elites have now is built on very shaky foundations. What happens to banks, stock markets & the mortgage industry - when people don't need to pay doctors, lawyers & a whole host of other professional people for their services anymore, because AI can do their jobs now?

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[–] perviouslyiner@lemm.ee 3 points 1 year ago* (last edited 1 year ago)

What happens when people don't need to pay professionals? Well they need to pay the owner of the AI instead (or the owner of the GPU factory) and guess which types of people own those things?

Doctors and lawyers probably aren't good examples either, as they benefit from computers to do searches (in discovery or in literature) but it doesn't affect their core skill.