‘Which is the easier way to make a buck: figuring out a better way to exploit somebody, or making a better product? With the new AI, it looks like the answer is finding a better way to exploit somebody.’
In The Guardian, former chief economist at the World Bank Joseph Stiglitz suggests technology could vastly improve lives, but only with proper regulation.
Stiglitz won the Nobel Prize for economics in 2001. His research was about imperfect information in markets.
Joseph Stiglitz on artificial intelligence: ‘We’re going towards a more divided society’ | THE GUARDIAN | September 2018 | by Ian Sample