Summers: Can't Leave AI Only to Developers

Поділитися
Вставка
  • Опубліковано 27 вер 2024
  • Lawrence H. Summers, Former US Treasury Secretary, Wall Street Week contributor and OpenAI board member says that AI has the capacity to improve on itself and calls for governments to take a bigger role in ensuring that the new technology is used for good.
    --------
    More on Bloomberg Television and Markets

    Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ys...
    Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

    Connect with Bloomberg Television on:
    X: / bloombergtv
    Facebook: / bloombergtelevision
    Instagram: / bloombergtv

    Connect with Bloomberg Business on:
    X: / business
    Facebook: / bloombergbusiness
    Instagram: / bloombergbusiness
    TikTok: www.tiktok.com...
    Reddit: / bloomberg
    LinkedIn: / bloomberg-news

    More from Bloomberg:
    Bloomberg Radio: / bloombergradio
    Bloomberg Surveillance: / bsurveillance
    Bloomberg Politics: / bpolitics
    Bloomberg Originals: / bbgoriginals

    Watch more on UA-cam:
    Bloomberg Technology: / @bloombergtechnology
    Bloomberg Originals: / @business
    Bloomberg Quicktake: / @bloombergquicktake
    Bloomberg Espanol: / @bloomberg_espanol
    Bloomberg Podcasts: / @bloombergpodcasts

КОМЕНТАРІ • 44

  • @JazevoAudiosurf
    @JazevoAudiosurf 3 місяці тому +9

    what a time to be alive when summers discusses the effects of the technological singularity

  • @danteangelo2128
    @danteangelo2128 3 місяці тому +12

    It's crazy to think that Bloomberg watches All-In

    • @VJ-lt9uk
      @VJ-lt9uk 3 місяці тому +2

      Why? All-in gets way more viewers than Bloomberg.

    • @coderversion1
      @coderversion1 3 місяці тому

      Its crazy anyone watches all-in, bunch of folks who have superficial understanding of topics they are talking about, influencing people opinion in sometimes uninformed ways

  • @thyagarajesh184
    @thyagarajesh184 3 місяці тому +7

    Why is he on the board of OpenAI ?

    • @tvm73827
      @tvm73827 3 місяці тому +3

      Connections

    • @chrisheist652
      @chrisheist652 3 місяці тому

      So that OpenAI's products don't interfere with the American Establishment's plans. American policymakers are terrified that A.I. might bring about world peace and they are determined to prevent that from happening.

  • @senju2024
    @senju2024 3 місяці тому +4

    I had to set 2x the speed. He almost sounded normal and awake.

  • @lakeguy65616
    @lakeguy65616 3 місяці тому +8

    Taxes of any kind penalize behavior. Tariffs tax and penalize the consumption of imported goods. Income taxes penalize domestic production. Which are Americans better off discouraging, the consumption of imported goods or American production?

    • @kreek22
      @kreek22 3 місяці тому

      You have a point, but you also over-simplified the question. For example, I could go on to ask: income taxes or inheritance taxes? One taxes remunerative work, the other taxes heirs of those who did such work.

    • @lakeguy65616
      @lakeguy65616 3 місяці тому

      @@kreek22respectfully, I disagree. As I said, intentionally or not, taxes discourage behavior. Estate taxes discourage the accumulation & concentration of great wealth. Why work to accumulate great wealth to pass on to your heirs if the majority of it will be confiscated by the Government thru Estate taxation?

    • @kreek22
      @kreek22 3 місяці тому

      @@lakeguy65616 I've known a number of rich guys for whom acquiring wealth was mostly an end in itself, an old habit, a dependable ego booster, a competition among the rich. There are others, including some ultra-rich, whom I do not know, who realize that the only sensible purposes of great wealth are power or philanthropy. Besides, taxation is a matter of degree, begging the question of how much a given level of taxation discourages the behavior at which it's directed. A 10% estate tax would inflict very little discouragement even upon those with the mere intention of passing it to their heirs. At 50% things are very different.

    • @paulscooter4076
      @paulscooter4076 3 місяці тому

      Problem is, other countries will adapt and avoid paying tariffs.

    • @lakeguy65616
      @lakeguy65616 3 місяці тому

      @@paulscooter4076 I think you are unclear on what a tariff is and who pays it. Consumers pay tariffs on imported goods. Countries don't pay tariffs.

  • @SahilMalik
    @SahilMalik 3 місяці тому +1

    Yeah we should have public authorities control AI because they’ve done such a great job at everything else.

    • @kreek22
      @kreek22 3 місяці тому

      They screw up almost everything. However, the list of things they haven't screwed up is very short and very important: no nuclear or biological wars.

  • @UrzuaNicolas
    @UrzuaNicolas 3 місяці тому +6

    geriatric patients talk show

  • @SouL1Jacker
    @SouL1Jacker 3 місяці тому +6

    Old man yells as machines he doesn't understand. More at 11.

  • @Investor965
    @Investor965 3 місяці тому

    Great discussion. Thank you.

  • @PhilipWong55
    @PhilipWong55 3 місяці тому

    Historically, the West has utilized new technologies for military or imperialistic purposes before finding broader applications. The West primarily used gunpowder to create weapons of war, such as cannons and firearms, allowing Western powers to expand their military capabilities and dominate other regions through conquest and colonization of the Americas, Africa, and Asia. The steam engine was instrumental in expanding colonial empires, as steam-powered ships facilitated easier transportation of goods and troops, enabling Western powers to exploit resources and establish control over distant territories. The first use of nuclear technology was dropping atomic bombs on the civilians in the Japanese cities of Hiroshima and Nagasaki in 1945. The same pattern will emerge with AI. The CHIPS Act, high-end chips, and EUV sanctions imply that the US is already working on the weaponization of AI.
    Following its historical pattern, China will mainly use AI for commercial and peaceful purposes. Papermaking revolutionized communication, education, and record-keeping, spreading knowledge and culture. Gunpowder was used for fireworks. The compass was adapted for navigational purposes, allowing for more accurate sea travel and exploration. Printing facilitated the dissemination of information, literature, and art, contributing to cultural exchange and education. Porcelain was highly prized domestically and internationally as a luxury item and a symbol of Chinese craftsmanship. Silk was one of the most valuable commodities traded along the Silk Road and played a significant role in China's economy and diplomacy.

  • @ChuckSilva
    @ChuckSilva 3 місяці тому +2

    Excellent reporting-thanks you!

  • @villaoceanblue
    @villaoceanblue 3 місяці тому +2

    Brilliant mind but thought he may be having an event at one point. Maybe he is just tired.

  • @cultureclique2173
    @cultureclique2173 3 місяці тому +1

    This guy is a corrupt person, an architect of the 2008 crisis who benefited from people’s loss.

  • @Chris-o7r6v
    @Chris-o7r6v 3 місяці тому

    Facts don't care about your opinions...

  • @michael2275
    @michael2275 3 місяці тому +5

    Go away Boomers

  • @jenny-DD
    @jenny-DD 3 місяці тому

    Politically biased science is what most interviews of Millionaires is now a days. Total joke

  • @cato451
    @cato451 3 місяці тому +25

    Time for Larry to retire

    • @tvm73827
      @tvm73827 3 місяці тому

      He and his ilk

    • @carefulconsumer8682
      @carefulconsumer8682 3 місяці тому +1

      When Larry was Obama's economic adviser and helped his destroy the middle class, i stopped listening to Larry.

    • @emmanuilushka
      @emmanuilushka 3 місяці тому +1

      time to go to jail

  • @vvolfflovv
    @vvolfflovv 3 місяці тому +1

    Open?AI new board:
    Sam Altman 🦴with a catacomb for a closet,
    Larry Summers 💰bailed out Wall St,
    Paul Nakasone 🔫former dir of NSA army general,
    Sue D Hellmann 👿former CEO of the Bill & Melinda Gates Foundation,
    2 tech entrepreneurs from FB and GOOG and a lawyer.
    What could possibly go wrong?

  • @eanerickson8915
    @eanerickson8915 3 місяці тому +4

    What happens if the other countries give the US tariffs?

  • @MarekKolenda-cr8vr
    @MarekKolenda-cr8vr 3 місяці тому +1

    US military sector slowdown many NATO nations waiting long lines for deliveries

  • @VianniOG
    @VianniOG 3 місяці тому

    The only option is Dfinity's ICP offering on chain AI where enterprises can control specifically what Information is fed to these AI's and votes can be made by stakeholders what changes are made. Otherwise these big enterprises will filter all open source data in these LLM's which can work counterproductive. We need AI's in finance that only know finance. Ai in science should only know science. Ai in the medical field should only know medical information

  • @grdfhrghrggrtwqqu
    @grdfhrghrggrtwqqu 3 місяці тому

    you should leave AI to the politicians and generals.

  • @jackbailey7037
    @jackbailey7037 3 місяці тому

    yeah, let's get Joe Biden in there doing AI develpment.