Davos Elites Can’t Tell The Truth About Automation

The idea that “upskilling”—offering educational opportunities so that people can get better jobs in a more technological economy—has a chance of short-circuiting populist resistance to increasing wealth inequality is an indication that the elite deliberation network is running low on good ideas and may be breaking down as a mechanism for solving social problems created by technological advances.

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Artificial Intelligence: Oligarchs As Oracles

For Apple, Google, Facebook, and Tesla, the future looks like Apple, Google, Facebook, and Tesla. I’m pretty sure that the future—particularly an AI future—will look nothing like what the tech moguls have already built. They’d be as likely to nail the future of AI as J. D. Rockefeller would be speculating on how to get to the Moon. If this is even sort of true then we should question our expectation that the tech moguls of today know enough to really know whether AI will be beneficial on net or not.