Re:Should economists be more concerned about AI?
by xbmcuser on Thursday March 02, 2017 @03:06AM
(#13772460)
Ai is already being used to find security bugs in software. An Ai is able to do in a few minutes which would take multiple programmers 1000s of man hours to do. As these Ai keep getting better the need for thousands of such code analyst programming jobs will be lost. 1 programmer with the help of Ai will be doing jobs of hundreds of programmers.
With the current economic systems the income of many will be funneled at a n exponential rate to the top. Rich people getting more wealth doesn't help the economy. A billion going to billionaire will hurt the economy compared to 100k going to 10k people. As those 10k people will use it and it would be used in the economy multiple times where as the billiionare will probably keep in his bank account.
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