• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

23 Reasons Visitors Should Stay Away From America

March 22, 2026

5 Low-Effort Side Hustles You Can Actually Do While Watching TV

March 22, 2026

This New AI Tool Runs 90% of My One-Person Business — Here Are 7 Ways I Use It (No Code, No Staff)

March 22, 2026
Facebook Twitter Instagram
Trending
  • 23 Reasons Visitors Should Stay Away From America
  • 5 Low-Effort Side Hustles You Can Actually Do While Watching TV
  • This New AI Tool Runs 90% of My One-Person Business — Here Are 7 Ways I Use It (No Code, No Staff)
  • Leaders Don’t Stop Learning, They Get Headway
  • How Your Competitors Are Using AI to Outperform You
  • One All-in-One AI Platform, Endless Business Possibilities for Just $85
  • Publix to Open 5 New Stores by End of April. See Upcoming Locations.
  • The Pros and Cons of Taking Social Security at 62, 67 and 70
Sunday, March 22
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » The Real Economic Problem Of AI Isn’t Tech But People
Personal Finance

The Real Economic Problem Of AI Isn’t Tech But People

News RoomBy News RoomSeptember 25, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

With all the discussion and coverage of artificial intelligence, one might think the data, the understanding, the concerns were all understood and available to all. The conclusions are all contradictory. AI will usher in an era of prosperity and freedom of all. Or it will destroy humanity — or at least make the wealthy even wealthier while putting hundreds of millions out of work. But they are all absolute, like this opening to a Wired article about OpenAI, the company behind ChatGPT:

“What OpenAI Really Wants: The young company sent shock waves around the world when it released ChatGPT. But that was just the start. The ultimate goal: Change everything. Yes. Everything.”

Emphasis in the original. The good, the bad, the extremely stated. Last year, Ilya Sutskever, chief scientist of OpenAI, wrote on Twitter/X, “it may be that today’s large neural networks are slightly conscious.” And in a September interview with Time, he said, “The upshot is, eventually AI systems will become very, very, very capable and powerful. We will not be able to understand them. They’ll be much smarter than us. By that time it is absolutely critical that the imprinting is very strong, so they feel toward us the way we feel toward our babies.”

There is a lot going on under the surface. Nirit Weiss-Blatt, a communications researcher who focuses on discussions of technology, has referred to “‘AGI utopia vs. potential apocalypse’ ideology” and how it can be “traumatizing.”

Any set of choices that are absolute and polar can be traumatizing. Fight? Flight? Emotional exhaustion, more like it, because the emergency never ends. Instead, it is constantly restated and emphasized, drummed into people’s heads.

But there is another disturbing aspect that feeds into social issues like income and wealth inequality. The talk about AI, on the parts of those who create it or expect to make money from it, is proceeding in a manipulative and misdirecting way.

The danger is in the framing. Everything is a matter of what software will decide to do. It is “AI” (an incredibly complex combination of many forms of programs) that will become, or maybe already has, according to Sutskever, conscious. AI that will take control. AI that will provide massive benefits for all humanity or wipe it away, like a real-life version of the film The Matrix.

That is the biggest misconception, or maybe lie, in discussions that have been taking place. If you thought that your work could potentially result in the demise of humankind, would you keep doing it? Unless you had a particularly perverse psychology, you wouldn’t. Could you restrict how you used everything built up from basics that have long been controlled? Yes, and I say that knowing something about the technology and how it differs from other more familiar predecessors.

The single biggest shiftiness is the degree to which people who are responsible are framing discussions as though they have no power or responsibility. No agency. The software will or won’t do things. “Stop us,” executives and researchers say to governments, which in my experience means, “Create regulations that have a safe harbor clause so that by following a few steps, we can do what we want and avoid legal responsibility.”

But the people with the most ability and power to regulate what they do — to consider whether they should enable potential mass unemployment for the gross profit of a minority of wealthy entities and persons — are the ones unreasonably pushing away responsibility because they don’t want the trouble or restrictions.

For a reasonably fair society to be possible, everyone must insist that others take on the responsibilities they have. Even if it means they can’t do everything they’d like or make as much money as they could. With all the discussion and coverage of artificial intelligence, one might think the data, the understanding, the concerns were all understood and available to all. The conclusions are all contradictory. AI will usher in an era of prosperity and freedom of all. Or it will destroy humanity — or at least make the wealthy even wealthier while putting hundreds of millions out of work. But they are all absolute, like this opening to a Wired article about OpenAI, the company behind ChatGPT:

“What OpenAI Really Wants: The young company sent shock waves around the world when it released ChatGPT. But that was just the start. The ultimate goal: Change everything. Yes. Everything.”

Emphasis in the original. The good, the bad, the extremely stated. Last year, Ilya Sutskever, chief scientist of OpenAI, wrote on Twitter/X, “it may be that today’s large neural networks are slightly conscious.” And in a September interview with Time, he said, “The upshot is, eventually AI systems will become very, very, very capable and powerful. We will not be able to understand them. They’ll be much smarter than us. By that time it is absolutely critical that the imprinting is very strong, so they feel toward us the way we feel toward our babies.”

There is a lot going on under the surface. Nirit Weiss-Blatt, a communications researcher who focuses on discussions of technology, has referred to “‘AGI utopia vs. potential apocalypse’ ideology” and how it can be “traumatizing.”

Any set of choices that are absolute and polar can be traumatizing. Fight? Flight? Emotional exhaustion, more like it, because the emergency never ends. Instead, it is constantly restated and emphasized, drummed into people’s heads.

But there is another disturbing aspect that feeds into social issues like income and wealth inequality. The talk about AI, on the parts of those who create it or expect to make money from it, is proceeding in a manipulative and misdirecting way.

The danger is in the framing. Everything is a matter of what software will decide to do. It is “AI” (an incredibly complex combination of many forms of programs) that will become, or maybe already has, according to Sutskever, conscious. AI that will take control. AI that will provide massive benefits for all humanity or wipe it away, like a real-life version of the film The Matrix.

That is the biggest misconception, or maybe lie, in discussions that have been taking place. If you thought that your work could potentially result in the demise of humankind, would you keep doing it? Unless you had a particularly perverse psychology, you wouldn’t. Could you restrict how you used everything built up from basics that have long been controlled? Yes, of course you can.

The single biggest shiftiness is the degree to which people who are responsible are framing discussions as though they have no power or responsibility. No agency. The software will or won’t do things. “Stop us,” executives and researchers say to governments, which in my experience means, “Create regulations that have a safe harbor clause so that by following a few steps, we can do what we want and avoid legal responsibility.”

This hits such an odd extreme that OpenAI tries to be invisible to others, including journalists like Matthew Kupfer of The San Francisco Standard, who wrote an amusing piece about how flustered and panicked people at the company got when he found their office and walked in for an interview.

But the people with the most ability and power to regulate what they do — to consider whether they should enable potential mass unemployment for the gross profit of a minority of wealthy entities and persons — are the ones unreasonably pushing away responsibility because they don’t want the trouble or restrictions.

For a reasonably fair society to be possible, everyone must insist that others take on the responsibilities they have. Even if it means they can’t do everything they’d like or make as much money as they could.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Much Ado About Taxes

Personal Finance March 11, 2026

Cut Hidden ‘Vampire Power’ and Slash Your Electric Bill: Unplug These 12 Common Household Items

Savings March 10, 2026

How AI Could Wreck Your 401(k)

Retirement March 1, 2026

Are Your Social Security Benefits Taxable This Year?

Retirement February 28, 2026

Trump’s Federal Retirement Account Is A Serious Step Forward

Retirement February 26, 2026

How A 529 Plan Can Help A Child Save For Retirement

Retirement January 30, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

5 Low-Effort Side Hustles You Can Actually Do While Watching TV

March 22, 20260 Views

This New AI Tool Runs 90% of My One-Person Business — Here Are 7 Ways I Use It (No Code, No Staff)

March 22, 20260 Views

Leaders Don’t Stop Learning, They Get Headway

March 22, 20260 Views

How Your Competitors Are Using AI to Outperform You

March 22, 20260 Views
Don't Miss

One All-in-One AI Platform, Endless Business Possibilities for Just $85

By News RoomMarch 22, 2026

Disclosure: Our goal is to feature products and services that we think you’ll find interesting…

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 21, 2026

The Pros and Cons of Taking Social Security at 62, 67 and 70

March 21, 2026

Here’s What to Know Before Filing Taxes Using ChatGPT or Claude

March 21, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

23 Reasons Visitors Should Stay Away From America

March 22, 2026

5 Low-Effort Side Hustles You Can Actually Do While Watching TV

March 22, 2026

This New AI Tool Runs 90% of My One-Person Business — Here Are 7 Ways I Use It (No Code, No Staff)

March 22, 2026
Most Popular

7 Potential Income Sources Seniors Always Forget About

March 16, 20262 Views

5 Things You Need to Know About Trump’s New Healthcare Plan

January 16, 20262 Views

Only Hours Left to Save Big on this AI-Powered Stock Picker That’s Perfect for Entrepreneurs

December 7, 20252 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.