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Sir Tim Berners-Lee lays out nightmare scenario where AI runs the financial world

Matt_ADMIN_Matt_ADMIN_ Administrator

The architect of the world wide web Sir Tim Berners-Lee today talked about some of his concerns for the internet over the coming years, including a nightmarish scenario where artificial intelligence (AI) could become the new 'masters of the universe' by creating and running their own companies.

Masters of the universe is a reference to Tom Wolfe's 1987 novel The Bonfire of the Vanities, regarding the men (and they were men) who started racking up multi-million dollar salaries and a great deal of influence from their finance roles on Wall Street and in London during the computerised trading boom pre-Black Monday.

http://www.techworld.com/social-media/sir-tim-berners-lee-lays-out-nightmare-scenario-where-ai-runs-world-economy-3657280/

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"...Say, 'GOD is sufficient for me.' In Him the trusters shall trust." (Quran 39:38)

Comments

  • So, what would change?  It's my understanding that pretty much all stock market trades are done by computers and computer algorithms now.

    If the politicians treat people this poorly when they're armed to the teeth,

    just imagine what they'll be willing to do once they've disarmed everyone.

  • Matt_ADMIN_Matt_ADMIN_ Administrator
    I had the same thoughts, interestingly
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    "...Say, 'GOD is sufficient for me.' In Him the trusters shall trust." (Quran 39:38)
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