Thank you for uploading these talks! Also that is an amazing setup, 80% of the screen for the screen and you can still see the speaker on the remaining 20%. I'm serious, most talks either don't show the slides well or don't show the speaker. Well done!
distribution and access to the technology and its benefits is going to be the challenge. no on is going to give this stuff away. just as there is inequality in wealth there will be unequal distribution of benefits of AI. if you can afford the benefits of AI you will get it if you cannot afford to purchase it you will be a have not.
Peter they would be supported by the redistribution of wealth generated by the efficiencies of automation and ai. Hopefully they’d use that leisure time to educate themselves in various ways
Jeff Sachs is often being rueful. Listeners who don't know of the work, aren't realizing, when he says he has fun all day, that his fun IS work, rather hard work to do well. He's bucking society's ideas. Did you notice how many times he said, just off-the-cuff, "That's from reflexion" or "I made up a chart." It is play for someone who has spent his life gathering amazing amounts of data. This data is about how people in the world work and how money really is distributed. He's recommending changes that will help the young, the"lower classes" and poor do better in the end. If you said, disgustedly, he admits he's lazy, please try again, stopping to read the charts and look up some words. His vocabulary is richer than mine and I have a Master of Science. I LOOK THINGS UP. So I'm not insulting anyone. I get it because, in addition to my studies, I've studied the MOOCs at SDGAcademy.org. It is The Sustainable Development Solutions Network of the United Nations. Jeffrey Sachs founded that.
39:59 - The trolley problem seemed stupid to him because he did not understand it's point or function. Originally the problem was not about the trolley, but rather it was a method to think about competing ethical theories. It was supposed to be a way to learn something about the theories.
I feel like I need to work not just because of my needing of money but because of the forced social interaction. I don't really have many friends so with no hanging out with people at work I'd be alone all the time .
there is so many people not in your privileged position they simply could not agree, we fought your wars, if it wasn't for men like me where would he b now? i have built my own computers for many years now, it was not to take advantage of others. i will sleep well when my time comes could u ?
He openly admits that he gets paid by "force" and that, as a professor, he leads a life of leisure drinking coffee with his mates in Starbucks while other people, through no choice of their own, have their money taken from them to pay for it. Honest, but disgusting.
he is leveraging his gifts ... mathematics and thinking... we need people to dig ditches and think... if you did not have thinkers like this we would not be on the net, watching tv, using a cell phone.
Andrija Čajić i know right? we are in big trouble if these commies take over. the AI revolution will be great but not if guys like this convince the government to create stupid laws.
Not communist at all. The AI artifacts that do the work of driving, factory construction etc. will be owned by private and public companies/people. The key takeaway is that what constitutes jobs (like factory work, mining, fast-food, administrative office jobs, and so on) is changing, just as it did in the first industrial revolution of the 1900s.
I respect your opinion, Damien. However, did you listen to this lecture? The professor went on and on about how society needs to "do something" in order to prevent income inequality, etc etc. AI is going to be great for humans - it is just another tool in our ever expanding tool box. We need to be vigilant of people like Mr. Sachs who think AI needs massive bureaucratic oversight and that we can somehow "centrally plan" the future. To me, AI is just another excuse for these Elites to get their hands on our liberty - just like the War on Terror or Global Warming. They just look for an excuse to take away peoples freedom.
He might be speaking in broad strokes, but I believe the sentiment is still correct. You mentioned something I think to be a false assumption: Tacit effort by businesses (not governments) to correct income inequality is the only viable solution to a sharply increase wage/skill gap in the face of the current changes in technology. I run an AI consulting company myself, and if the trajectory holds it is going to be up to us as business owners to radically change the type of jobs that we offer, and how they correspond to different skill levels in the workplace. AI and robotics are already fundamentally changing how goods are made and transported and unless we create new jobs via a redefinition of what we consider "skilled" and "unskilled" work at an inevitably higher cost, there will be major economic problems. Whether or not governments make that harder or easier is besides the point, as far as I am concerned. tl;dr AI and robotics are likely to make it such that companies themselves are probably going to need to redefine pay scales and radically improve workplace training in AI-centric areas in order to keep growing the economy in the age of machine labor.
Great guy. The USA needs more economists saying this.
awesome lecture. this is what college should be like, attending lectures like these
Thank you for uploading these talks!
Also that is an amazing setup, 80% of the screen for the screen and you can still see the speaker on the remaining 20%. I'm serious, most talks either don't show the slides well or don't show the speaker. Well done!
Best talk ever period!
This was brilliant!!!
US economy is not supported merely by US workers - it is sustained by worldwide network of exploitation, maintained by US military interventions.
Great lecture Prof..
So what happens if the corporates know better our society than the state with their AI?
We need distribution via Industry policy, more taxes, R&D in selected industries.
distribution and access to the technology and its benefits is going to be the challenge. no on is going to give this stuff away. just as there is inequality in wealth there will be unequal distribution of benefits of AI. if you can afford the benefits of AI you will get it if you cannot afford to purchase it you will be a have not.
so, what happens to the ~50% of the population who have IQs
Peter they would be supported by the redistribution of wealth generated by the efficiencies of automation and ai. Hopefully they’d use that leisure time to educate themselves in various ways
Prof Sachs, you have a v, v good job as a lazy professor. Most white collar jobs are bloody boring.
You convert the abandoned auto plants into high speed rail plants ?
Jeff Sachs is often being rueful. Listeners who don't know of the work, aren't realizing, when he says he has fun all day, that his fun IS work, rather hard work to do well. He's bucking society's ideas. Did you notice how many times he said, just off-the-cuff, "That's from reflexion" or "I made up a chart." It is play for someone who has spent his life gathering amazing amounts of data. This data is about how people in the world work and how money really is distributed. He's recommending changes that will help the young, the"lower classes" and poor do better in the end. If you said, disgustedly, he admits he's lazy, please try again, stopping to read the charts and look up some words. His vocabulary is richer than mine and I have a Master of Science. I LOOK THINGS UP. So I'm not insulting anyone. I get it because, in addition to my studies, I've studied the MOOCs at SDGAcademy.org. It is The Sustainable Development Solutions Network of the United Nations. Jeffrey Sachs founded that.
Play at 1.5x playback speed ;)
You're welcome.
39:59 - The trolley problem seemed stupid to him because he did not understand it's point or function. Originally the problem was not about the trolley, but rather it was a method to think about competing ethical theories. It was supposed to be a way to learn something about the theories.
I feel like I need to work not just because of my needing of money but because of the forced social interaction. I don't really have many friends so with no hanging out with people at work I'd be alone all the time .
there is so many people not in your privileged position they simply could not agree, we fought your wars, if it wasn't for men like me where would he b now? i have built my own computers for many years now, it was not to take advantage of others. i will sleep well when my time comes could u ?
This means lotus eaters handing over responsibility to controllers
Fewer men would work and feed the rest. More men with more leisure would more or less, less thinks of food and leads lifestyles of Primitives.
A macro economy,a maxi rate of unemployment...
Solution: Andrew Yang.
Get bad results back from your AI radiologist then wish you had a job so you could pay for the work you need done lol
Elaborate?
He openly admits that he gets paid by "force" and that, as a professor, he leads a life of leisure drinking coffee with his mates in Starbucks while other people, through no choice of their own, have their money taken from them to pay for it. Honest, but disgusting.
You fucking libertarians are so full of shit.
he is leveraging his gifts ... mathematics and thinking... we need people to dig ditches and think... if you did not have thinkers like this we would not be on the net, watching tv, using a cell phone.
Alex Sadler Fire Departments are paid by force, Alex. Disgusting, right?
You think taxes are the main income source for a university? Not student fees? Not philanthropy?
Why so communist?
Andrija Čajić
i know right? we are in big trouble if these commies take over. the AI revolution will be great but not if guys like this convince the government to create stupid laws.
Not communist at all. The AI artifacts that do the work of driving, factory construction etc. will be owned by private and public companies/people. The key takeaway is that what constitutes jobs (like factory work, mining, fast-food, administrative office jobs, and so on) is changing, just as it did in the first industrial revolution of the 1900s.
I respect your opinion, Damien. However, did you listen to this lecture? The professor went on and on about how society needs to "do something" in order to prevent income inequality, etc etc.
AI is going to be great for humans - it is just another tool in our ever expanding tool box.
We need to be vigilant of people like Mr. Sachs who think AI needs massive bureaucratic oversight and that we can somehow "centrally plan" the future.
To me, AI is just another excuse for these Elites to get their hands on our liberty - just like the War on Terror or Global Warming. They just look for an excuse to take away peoples freedom.
He might be speaking in broad strokes, but I believe the sentiment is still correct. You mentioned something I think to be a false assumption: Tacit effort by businesses (not governments) to correct income inequality is the only viable solution to a sharply increase wage/skill gap in the face of the current changes in technology. I run an AI consulting company myself, and if the trajectory holds it is going to be up to us as business owners to radically change the type of jobs that we offer, and how they correspond to different skill levels in the workplace. AI and robotics are already fundamentally changing how goods are made and transported and unless we create new jobs via a redefinition of what we consider "skilled" and "unskilled" work at an inevitably higher cost, there will be major economic problems. Whether or not governments make that harder or easier is besides the point, as far as I am concerned.
tl;dr AI and robotics are likely to make it such that companies themselves are probably going to need to redefine pay scales and radically improve workplace training in AI-centric areas in order to keep growing the economy in the age of machine labor.
Andrija Čajić Why not ?