Index Investing News
Friday, February 13, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Who’s Driving the Future?

by Index Investing News
November 5, 2023
in Economy
Reading Time: 3 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


In this episode of EconTalk from the archives, Russ Roberts hosts Rodney Brooks for a conversation on the current state of AI alongside its projections. Rodney Brooks is a professor of Robotics Emeritus at MIT. Brooks, also a robotics entrepreneur, is the co-founder of Robust AI.

How soon will there be driverless cars? Will AI technology take over the workforce? Roberts and Brooks discuss these questions and more. Brooks finds his position on the future of technology in accordance with Roy Amara’s law: “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.”

 

 

Speaking of driverless cars, Roberts and Brooks predict several challenges that may come about regarding their acceptance and use. Russ points to tech, regulation, and culture as the three key challenges in the development of driverless cars. In a world of driverless cars, questions would arise if a child was in the driverless car by themselves; Brooks presents the overall question of who is in charge?

What issues do you think will come to the surface with the widespread development of driverless cars? What should be the balance between technological excellence and human-like capability of AI? Given that this podcast was recorded in 2018, did you expect that driverless cars would be up and running by now in 2023? Is there an issue with the majority of people falling into Amara’s law? Could this norm affect the development of groundbreaking tech?

Amara’s law also reminds us of the danger of treating technology as magical. For example, Brooks shares the common theme of pundits mistaking performance for competence in technology.

How should regulation put a check on focusing solely on the capability of technology as opposed to its shortcomings? To what extent might President Biden’s recent executive order accomplish this? What is a prospective technology that concerns you in terms of its competence, and why?

 

Another example of our underestimation of technology in the future is illustrated by the story of showing Isaac Newton an iPhone. Newton is one of the most brilliant minds ever, and yet Brooks believes that Newton would be dumbfounded by the capabilities of the iPhone, while also making conclusions about its ability.

In terms of its capabilities, to what extent would you consider the current iPhone magic if you took the mindset of the time before it was created? What are your expectations for the future of personal devices?

 

Brooks, having worked in AI for forty years, believes in the ‘baby steps’ and ‘ladders’ that have been developed n the road to groundbreaking technological advancements as opposed to the trend of impatience for those achievements from the general public.

Given the prevalence of ChatGPT and AI this year, what are some the conclusions people might reach as they overlook the ladders yet to be built for its advancement? Why is the hypothesis of robots and technology developing into some sort of human demise so popular? To what extent do you think humans can stay ahead of AI?


Brennan Beausir is a student at Wabash College studying Philosophy, Politics, and Economics and was a 2023 Summer Scholar at Liberty Fund.

(0 COMMENTS)



Source link

Tags: drivingfuturewhos
ShareTweetShareShare
Previous Post

Utah Mountain Estate

Next Post

Reporters Don’t Write Headlines

Related Posts

Property Rights and the Arctic Contest

Property Rights and the Arctic Contest

by Index Investing News
February 12, 2026
0

In recent years, the Arctic has returned to the center of public attention: the renewed interest in Greenland, the progressive...

No easy end to easy money

No easy end to easy money

by Index Investing News
February 8, 2026
0

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the...

Transcript: Kate Burke, Allspring Global Investments, CEO

Transcript: Kate Burke, Allspring Global Investments, CEO

by Index Investing News
February 4, 2026
0

https://www.youtube.com/watch?v=OkV-hHa3oHEhttps://www.youtube.com/watch?v=OkV-hHa3oHE     The transcript from this week’s MiB: Kate Burke, Allspring Global Investments, CEO, is below. You can stream...

Sam’s Links: January Edition

Sam’s Links: January Edition

by Index Investing News
January 31, 2026
0

Sam works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication called...

Transcript: Zach Buchwald, Russell Investments CEO and Chairman 

Transcript: Zach Buchwald, Russell Investments CEO and Chairman 

by Index Investing News
January 27, 2026
0

https://www.youtube.com/watch?v=WTUt5kpKgFwhttps://www.youtube.com/watch?v=WTUt5kpKgFw     The transcript from this week’s MiB: Zach Buchwald, Russell Investments CEO and Chairman, is below. You can...

Next Post
Reporters Don’t Write Headlines

Reporters Don’t Write Headlines

Bitcoin Falls Under ,000 But 88% Of Supply Remains Unmoved

Bitcoin Falls Under $35,000 But 88% Of Supply Remains Unmoved

RECOMMENDED

What’s more likely to transfer the market

What’s more likely to transfer the market

September 12, 2024
Leeds could keep ahold of Tyler Adams

Leeds could keep ahold of Tyler Adams

December 13, 2022
Libertarian financial coverage bleg – Econlib

Libertarian financial coverage bleg – Econlib

August 15, 2022
What to anticipate when Delta Air Strains (DAL) reviews This autumn 2024 earnings

What to anticipate when Delta Air Strains (DAL) reviews This autumn 2024 earnings

January 4, 2025
Prime Crypto to Put money into Proper Now December 14 – BNB, Bittensor, Theta Community

Prime Crypto to Put money into Proper Now December 14 – BNB, Bittensor, Theta Community

December 15, 2024
LRE® on Tour – 7/7

LRE® on Tour – 7/7

July 10, 2023

When Fees Stop Being Friction and Start Being Strategy

November 5, 2018
Overseas Buyers Proceed as Internet Sellers in Indian Equities

Overseas Buyers Proceed as Internet Sellers in Indian Equities

November 17, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In