The greatest obstacle to action is the lack of consensus about the future. Perhaps because there is not much discussion about what is desirable, this is one of the biggest obstacles. This lack of vision is problematic because should high-level machine intelligence arrive, we may quickly be overwhelmed by technological change and immovable economic forces. This would be a huge opportunity that was wasted.
Various professionals from around the world in various industries, ranging from scientists-fiction writers to economists, are trying to create positive visions for a future in which Artificial Intelligence could do most of the work we execute today.
These scenarios represent possible trajectories for humanity. However, none of these scenarios are unambiguously possible or desirable. While there is some agreement and consensus between visions, there is also the possibility of surprising clashes as AI continues to advance.
1. Economic prosperity shared
Technological progress has many economic benefits that are shared worldwide. Because AI has dramatically increased productivity, the global economy is now 10 times bigger. Sharing this wealth can help humans do more and get more. This vision can be realized by a variety of interventions, including introducing a global tax system and improving unemployment insurance.
2. Companies realigned
Large corporations are focused on AI development that benefits humanity. They do this without holding too much economic or political power. This could be achieved by updating antitrust policies and changing corporate ownership structures.
3. Flexibility in labor markets
People can find new jobs by using their creativity and receiving support from others. People are able to adapt to technological changes and find work in new professions. The policies would improve educational and retraining opportunities as well as strengthen social safety nets for people who are otherwise less fortunate due to automation.
4. AI that is human-centric
Society decides against excessive automation. Computer scientists, policymakers, and business leaders choose to create technologies that increase the number of workers rather than decrease it. Automated technology could be taxed if necessary and incentives to human-centric AI would also be increased.
5. Fulfilling Jobs
The new jobs are more rewarding than the ones that were there before. While machines can handle boring and unsafe tasks, humans are able to move into more productive, satisfying, and flexible jobs that allow for greater human interaction. This can be achieved by strengthening labor unions and increasing worker participation on corporate boards.
This article aims to open a wider discussion about the future we envision and the challenges to which it will be faced. The world will be very different for our grandchildren and children if technological advancement continues to accelerate. These concerns require more research, debate, and engagement on the part of policymakers. They are too important to ignore.