Bookmarked Will A.I. Become the New McKinsey? by Ted Chiang in the New Yorker
Ted Chiang realises that corporates are best positioned to leverage the affordances of algorithmic applications, and that that is where the risk of the ‘runaway AIs’ resides. I agree that they are best positioned, because corporations are AI’s non-digital twin, and have been recognised as such for a decade.
Brewster Kahle said (in 2014) that corporations should be seen as the 1st generation AIs, and Charlie Stross reinforced it (in 2017) by dubbing corporations ‘Slow AI’ as corporations are context blind, single purpose algorithms. That single purpose being shareholder value. Jeremy Lent (in 2017) made the same point when he dubbed corporations ‘socio-paths with global reach’ and said that the fear of runaway AI was focusing on the wrong thing because “humans have already created a force that is well on its way to devouring both humanity and the earth in just the way they fear. It’s called the Corporation“. Basically our AI overlords are already here: they likely employ you. Of course existing Slow AI is best positioned to adopt its faster young, digital algorithms. It as such can be seen as the first step of the feared iterative path of run-away AI.
The doomsday scenario is … A.I.-supercharged corporations destroying the environment and the working class in their pursuit of shareholder value.
I’ll repeat the image I used in my 2019 blogpost linked above: