According to the big AI companies, this kind of ambitious and unconditionalgovernment support is just what\u2019s needed to achieve their aim of limitless AIinfrastructure expansion\u2014which they assert will be necessary to reach the holy grailof artificial general intelligence, and to do so before China does. Under this arms-racelogic, any restraint on corporate power is recast as an impediment to national securityinterests and plainly unpatriotic\u2014like blocking the Apollo program or theManhattan Project (both of which, AI boosters insist, are worthy historical analogies).<\/p>\n
But if there\u2019s one thing we should have learned from past eras of technologicaltransformation, it\u2019s that the promotion of national monopolies does not necessarilylead to national competitiveness. Nor does it lead, seamlessly, to sustainable jobs,enduring employment, wage growth, and innovation. While it can lead to great wealthfor some, it rarely guarantees the kind of mass national renewal that the tech elite andtheir friends in government promise.<\/p>\n
Read the full op-ed here.<\/p>\n
The post The Great AI Grift appeared first on AI Now Institute.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tech leaders want you to believe that AI is the key to a new golden age. The reality looks more like a bold, government-backed heist.<\/p>\n
The post The Great AI Grift<\/a> appeared first on AI Now Institute<\/a>.<\/p>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[1,13,86],"tags":[3],"class_list":["post-2436","post","type-post","status-publish","format-standard","hentry","category-ai-and-ml","category-news","category-press","tag-ai"],"yoast_head":"\n