Index Investing News
Wednesday, June 24, 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

MiB: Seth Klarman, The Baupost Group

MiB: Seth Klarman, The Baupost Group

by Index Investing News
June 20, 2026
0

     This week, I speak with Seth Klarman, CEO and portfolio manager of The Baupost Group, a Boston-based investment...

Fiscal Dominance and the Politicization of Money

Fiscal Dominance and the Politicization of Money

by Index Investing News
June 16, 2026
0

Fiscal Dominance and the Politicization of Money Much of the contemporary debate about monetary policy focuses on technical questions: whether...

At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage

At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage

by Index Investing News
June 12, 2026
0

     At The Money: How Fixed-Income Investors can use ETFs to their Best Advantage (June 11, 2026) Investors...

The Self, the Crowd, and Social Contagion (with Luke Burgis)

The Self, the Crowd, and Social Contagion (with Luke Burgis)

by Index Investing News
June 8, 2026
0

0:37Intro. Russ Roberts: Today is April 28th, 2026, and my guest is author Luke Burgis. His latest book is The...

At The Money: Grab Your Summer Rental Soon Now!

At The Money: Grab Your Summer Rental Soon Now!

by Index Investing News
June 4, 2026
0

     At The Money: Grab Your Summer Rental Soon!! (June 3, 2026) It’s not too late to get...

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

SMCI Stock: Too Late to Buy?

SMCI Stock: Too Late to Buy?

March 6, 2024
This Nasdaq Chart Could Signal the Best Time to Buy Stocks

This Nasdaq Chart Could Signal the Best Time to Buy Stocks

November 1, 2023
The world should ‘get up and assist Sudan out of the nightmare of battle’ says WHO’s Tedros — World Points

The world should ‘get up and assist Sudan out of the nightmare of battle’ says WHO’s Tedros — World Points

September 9, 2024
TD Cowen maintains Purchase ranking on Workday shares with regular worth goal By Investing.com

TD Cowen maintains Purchase ranking on Workday shares with regular worth goal By Investing.com

August 23, 2024
‘The Beast’ Review: Master of Puppets

‘The Beast’ Review: Master of Puppets

April 4, 2024
Anupam Rasayan hits 52-week low; inventory slips 25% in a month

Anupam Rasayan hits 52-week low; inventory slips 25% in a month

June 6, 2022
Pentagon discloses military deal with Elon Musk — RT World News

Pentagon discloses military deal with Elon Musk — RT World News

September 29, 2023
Local weather change is turbo-charging Somalia’s issues

Local weather change is turbo-charging Somalia’s issues

September 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