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Will AI “Change the World” Or Simply Boost Profits?

by Charles Hugh Smith
Of Two Minds

The real battle isn’t between a cartoonish vision or a dystopian nightmare–it’s between decentralized ownership and control of these technologies and centralized ownership and control.

The hype about artificial intelligence (AI) and its cousins Big Data and Machine Learning is ubiquitous, and largely unexamined. AI is going to change the world by freeing humankind from most of its labors, etc. etc. etc.

Let’s start by asking: who owns all this AI? This raises two other questions: who benefits as “software eats the world” (to use Marc Andreesen’s pithy phrase), and to what purpose is all this technology being applied?

Continue Reading at OfTwoMinds.com…

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