“Humans are endowed with intelligence. Machines are not. This is the great fakery. Here is the ignorant fallacy: Microsoft CEO says that “will unlock enormous amounts of economic growth, but they are fundamentally labor replacing.” First, human work is the source of all economic activity; second, if “wages crash,” as Marc Andreessen thinks, it will crash the economy. Are they really this stupid, or are they just gaslighting the world?” ⁃ Patrick Wood, Technocracy Editor.
(Tom Huddleston – CNBC) Over the next decade, advances in artificial intelligence will mean that humans will no longer be needed “for most things” in the world, says Bill Gates.
That’s what the Microsoft co-founder and billionaire philanthropist told comedian Jimmy Fallon during an interview on NBC’s “The Tonight Show” in February. Continue reading