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Do AI Risks Require Extraordinary Government Intervention?

Sayash Kapoor· ·14 min read · 0 reactions · 0 comments · 23 views
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Do AI Risks Require Extraordinary Government Intervention?
⚡ TL;DR · AI summary

The article discusses the debate surrounding AI governance and the need for government intervention. While some argue for extraordinary measures due to the unique risks posed by AI, others advocate for improving resilience through normal policymaking processes. The authors emphasize the importance of balancing precautionary measures with effective governance to address AI risks without stifling innovation.

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Hacker News (AI / LLM) · Sayash Kapoor
Read full at Hacker News (AI / LLM) →
Opening excerpt (first ~120 words) tap to expand

Do AI Risks Require Extraordinary Government Intervention?Let’s not skip the hard work of AI governanceSayash Kapoor and Arvind NarayananMay 21, 202664715ShareIn a recent essay, Derek Thompson engages with AI as Normal Technology (AINT). He agrees with our thesis about AI’s slow labor market impacts, relying on the fact that GDP growth has so far been average, unemployment is below 5%, and even jobs that seemed vulnerable to automation show rising employment and wages. He concludes that so far, the macroeconomic picture is consistent with what we would expect from a “normal” general-purpose technology.But when it comes to AI risks, he is far more bearish. He points to examples of cyber- and bio-risks and expresses pessimism about AI quickly becoming dangerous across many new domains.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Hacker News (AI / LLM).

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