Economics And The Future of Artificial Intelligence

Ask any technological expert, and he or she is certain to have their own variation as to the definition of “singularity.” However, no matter which definition of singularity you choose to go by, according to Author, Artificial Intelligence Researcher and Smith College Professor of Economics Dr. James D. Miller, economics will play a big role in its advent. Miller, who defines singularity as “a period of time at which an increase in human or machine intelligence radically changes civilization,” doesn’t make broad predictions about what could happen when it occurs, noting that it may turn into a Utopia or it could destroy society (read more about his book, Singularity Rising, in this review by Humanity+). While everyone who subscribes to the idea of singularity sees it stemming from automation at…

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