"So just leaving it to the profit motive of large companies is not going to be sufficient to make sure they develop it safely,” he said. “The only thing that can force those big companies to do more research on safety is government regulation.”
-Geoffrey Hinton in The Guardian
Sitting back and crossing fingers that a buddy of Musk and Thiel from the old boys megalomaniacs anonymous club is going to miraculously stuff the genie back in just because he has some familiarity with the industry? As part of the most extreme anti-regulationist political manifesto in living memory? This is why we can't get a purchase on the headlong slide to fascism. We still believe in fairytales. I'm betting 1000 to 1 Sacks is another Wall St Wolf and no fairy godmother.
Oh, so crypto provides us with a secure way of managing assets, eh? Just wait till AI gets unleashed on cracking your block chain. So, figuratively, Sacks will be in charge of eating his own arm.
THe Bitcoin blockchains has 1000s of attempted hacks every day (sometimes more), and has had for over decade. It is most assaulted network on earth. It is protected by hundreds of the thousands of computers with more hash power than all the world's supercomputers. The code, which is open source, has been poured over more people than any other code in history. While AI may find a way to hack into people's wallets by tricking them into revealing passwords, there is zero chance that the Bitcoin blockchain gets hacked, even in an age that is moving into quantum computers (there is quantum resistant cryptography developed). That being said, AI will have an easier time hacking into your bank account, for certain.
Working for an administration where the concept of conflict of interest doesn't exist, I'm sure being 'neck-deep in AI and crypto investments' is not seen as a problem for the guy in charge of AI and crypto! I agree that Sacks definitely ticks all the tech expertise boxes and that it is a good idea to withhold judgement. But he will be closely watched on governance practices and potential self-dealing.
"So just leaving it to the profit motive of large companies is not going to be sufficient to make sure they develop it safely,” he said. “The only thing that can force those big companies to do more research on safety is government regulation.”
-Geoffrey Hinton in The Guardian
Sitting back and crossing fingers that a buddy of Musk and Thiel from the old boys megalomaniacs anonymous club is going to miraculously stuff the genie back in just because he has some familiarity with the industry? As part of the most extreme anti-regulationist political manifesto in living memory? This is why we can't get a purchase on the headlong slide to fascism. We still believe in fairytales. I'm betting 1000 to 1 Sacks is another Wall St Wolf and no fairy godmother.
Oh, so crypto provides us with a secure way of managing assets, eh? Just wait till AI gets unleashed on cracking your block chain. So, figuratively, Sacks will be in charge of eating his own arm.
THe Bitcoin blockchains has 1000s of attempted hacks every day (sometimes more), and has had for over decade. It is most assaulted network on earth. It is protected by hundreds of the thousands of computers with more hash power than all the world's supercomputers. The code, which is open source, has been poured over more people than any other code in history. While AI may find a way to hack into people's wallets by tricking them into revealing passwords, there is zero chance that the Bitcoin blockchain gets hacked, even in an age that is moving into quantum computers (there is quantum resistant cryptography developed). That being said, AI will have an easier time hacking into your bank account, for certain.
Working for an administration where the concept of conflict of interest doesn't exist, I'm sure being 'neck-deep in AI and crypto investments' is not seen as a problem for the guy in charge of AI and crypto! I agree that Sacks definitely ticks all the tech expertise boxes and that it is a good idea to withhold judgement. But he will be closely watched on governance practices and potential self-dealing.
Very clear annd accessible to newbies to crypto and AI consequences -,clever turns of phrases!