From the article:
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History suggests normal AI may introduce many kinds of systemic risks
While the risks discussed above have the potential to be catastrophic or existential, there is a long list of AI risks that are below this level but which are nonetheless large-scale and systemic, transcending the immediate effects of any particular AI system. These include the systemic entrenchment of bias and discrimination, massive job losses in specific occupations, worsening labor conditions, increasing inequality, concentration of power, erosion of social trust, pollution of the information ecosystem, decline of the free press, democratic backsliding, mass surveillance, and enabling authoritarianism.
If AI is normal technology, these risks become far more important than the catastrophic ones discussed above. That is because these risks arise from people and organizations using AI to advance their own interests, with AI merely serving as an amplifier of existing instabilities in our society.
There is plenty of precedent for these kinds of socio-political disruption in the history of transformative technologies. Notably, the Industrial Revolution led to rapid mass urbanization that was characterized by harsh working conditions, exploitation, and inequality, catalyzing both industrial capitalism and the rise of socialism and Marxism in response.
The shift in focus that we recommend roughly maps onto Kasirzadeh’s distinction between decisive and accumulative x-risk. Decisive x-risk involves “overt AI takeover pathway, characterized by scenarios like uncontrollable superintelligence,” whereas accumulative x-risk refers to “a gradual accumulation of critical AI-induced threats such as severe vulnerabilities and systemic erosion of econopolitical structures.” ... But there are important differences: Kasirzadeh’s account of accumulative risk still relies on threat actors such as cyberattackers to a large extent, whereas our concern is simply about the current path of capitalism. And we think that such risks are unlikely to be existential, but are still extremely serious.
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That tangentially relates to my sig: "The biggest challenge of the 21st century is the irony of technologies of abundance in the hands of those still thinking in terms of scarcity." Because as our technological capabilities continue to change, it becomes ever more essential to revisit our political and economic assumptions.
As I outline here: https://pdfernhout.net/recognizing-irony-is-a-key-to-transce...
"There is a fundamental mismatch between 21st century reality and 20th century security [and economic] thinking. Those "security" agencies [and economic corporations] are using those tools of abundance, cooperation, and sharing mainly from a mindset of scarcity, competition, and secrecy. Given the power of 21st century technology as an amplifier (including as weapons of mass destruction), a scarcity-based approach to using such technology ultimately is just making us all insecure. Such powerful technologies of abundance, designed, organized, and used from a mindset of scarcity could well ironically doom us all whether through military robots, nukes, plagues, propaganda, or whatever else... Or alternatively, as Bucky Fuller and others have suggested, we could use such technologies to build a world that is abundant and secure for all. ... The big problem is that all these new war machines [and economic machines] and the surrounding infrastructure are created with the tools of abundance. The irony is that these tools of abundance are being wielded by people still obsessed with fighting over scarcity. So, the scarcity-based political [and economic] mindset driving the military uses the technologies of abundance to create artificial scarcity. That is a tremendously deep irony that remains so far unappreciated by the mainstream."
A couple Slashdot comments by me from Tuesday, linking to stuff I have posted on risks form AI and other advanced tech -- and ways to address those risks -- back to 1999:
https://slashdot.org/comments.pl?sid=23665937&cid=65308877
https://slashdot.org/comments.pl?sid=23665937&cid=65308923
So, AI just cranks up an existing trend of technology-as-an-amplifier to "11". And as I've written before, if it is possible our path out of any singularity may have a lot to do with our moral path going into the singularity, we really need to step up our moral game right now to make a society that works better for everyone in healthy joyful ways.