Some Economic Incentives Facing a Business that Might Bring About a Technological Singularity

Chapter
Part of the The Frontiers Collection book series (FRONTCOLL)

Abstract

A business that created an artificial general intelligence (AGI) could earn trillions for its investors, but might also bring about a “technological Singularity” that destroys the value of money. Such a business would face a unique set of economic incentives that would likely push it to behave in a socially sub-optimal way by, for example, deliberately making its software incompatible with a friendly AGI framework.

Keywords

Power Level Hedge Fund Development Path Negative Externality Small Investor 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Penrose, R. (1996). Shadows of the mind: A Search for the missing science of consciousness. New York: Oxford University Press.Google Scholar
  2. Shulman, C., & Nick, B. (2011). How hard is artificial intelligence? The evolutionary argument and observation selection effects. Journal of Consciousness Studies.Google Scholar
  3. Yudkowsky, E. (2011). Recursive self-improvement, less wrong, 6 Sept 2011 http://lesswrong.com/lw/we/recursive_selfimprovement/.

Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.EconomicsSmith CollegeNorthamptonUSA

Personalised recommendations