The New Economy

April 01, 2015 08:00 ET

The New Economy Asks: Could AI Destroy Its Creator?

LONDON, ENGLAND--(Marketwired - April 1, 2015) - The Global Challenges Foundation is of the opinion that artificial intelligence - or AI - ranks alongside nuclear war, climate change and super-volcanic eruptions in terms of its potential danger to human civilisation. And the fear that a super intelligent AI could wipe our species from the planet is widespread. In a special report, The New Economy looks at the reasons these thoughts have amassed in the way they have and asks whether or not the critics are justified in their claims.

"Whether someone chooses to look upon AI with trepidation or not depends far more on the philosophical beliefs held by the individual than any inherent evil that could potentially exist inside machines", according to The New Economy report. True, nearly 50 percent of jobs are potentially automatable and AI could play a major role in rendering certain roles redundant, but those concerned about the costs of unemployment are primarily those looking at the problem through the current economic prism.

"By using AI and automation to free ourselves from the shackles of traditional work, the acquisition of wealth and the consumption race, we would be able to unlock the full creative potential of mankind on a scale impossible or even imaginable before", says The New Economy. "People are fearful of AI because they cannot envisage their place in a world where it exists. What mankind can do is try to picture the type of world that we want to live in, so AI can help us get there."

To read more on the challenges and opportunities associated with AI, read the report, alongside a series of others on technology, energy, business and strategy, in the Spring issue of The New Economy, available online, on tablets and in print now.

http://www.theneweconomy.com/technology/artificial-intelligence-is-scary-but-that-doesnt-mean-we-should-stop-it

http://www.theneweconomy.com

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