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Since about 2017, a new wave of concern over technological unemployment had become prominent, this time over the effects of artificial intelligence (AI). [113] Commentators including Calum Chace and Daniel Hulme have warned that if unchecked, AI threatens to cause an " economic singularity ", with job churn too rapid for humans to adapt to ...
The impact of artificial intelligence on workers includes both applications to improve worker safety and health, and potential hazards that must be controlled. One potential application is using AI to eliminate hazards by removing humans from hazardous situations that involve risk of stress, overwork, or musculoskeletal injuries.
Concern over risk from artificial intelligence has led to some high-profile donations and investments. In 2015, Peter Thiel, Amazon Web Services, and Musk and others jointly committed $1 billion to OpenAI, consisting of a for-profit corporation and the nonprofit parent company, which says it aims to champion responsible AI development. [124]
The Biden Administration’s move on Jan. 13 to curb exports on the advanced computer chips used to power artificial intelligence (AI) arrived in the wake of two major events over the Christmas ...
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The index surged 23% in 2024 as investors reacted to the strong economy and excitement about artificial intelligence, and it has already advanced another 2% in 2025 for similar reasons.
AI safety is an interdisciplinary field focused on preventing accidents, misuse, or other harmful consequences arising from artificial intelligence (AI) systems. It encompasses machine ethics and AI alignment, which aim to ensure AI systems are moral and beneficial, as well as monitoring AI systems for risks and enhancing their reliability.
The second thesis is that advances in artificial intelligence will render humans unnecessary for the functioning of the economy: human labor declines in relative economic value if robots are easier to cheaply mass-produce then humans, more customizable than humans, and if they become more intelligent and capable than humans.