The Next 3 Years of AI: Why Even Experts Are Terrified

[Speedbird-1]

"It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change."
Charles Darwin. 1809-1882


Adapt or die.


I wonder if AI will be able to go into my garden, locate and cover my newly planted garlic corms, if an overnight ground frost is predicted.
A robot bird scarer or slug eliminator, would be great too.

[enjoythemusic]

Originally Posted by Andad

The serious issues with AI in the wrong hands have not even begun to surface in the financial sector.

Yes, we never see flash crashes. ;-)

They're already using AI for quite some time. Front-running your stock transactions, etc for many, many years. It's a free for all, really, and easy profits.

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On a separate note....

[Krash]

Originally Posted by enjoythemusic

Yes, we never see flash crashes. ;-)

They're already using AI for quite some time. Front-running your stock transactions, etc for many, many years. It's a free for all, really, and easy profits.

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On a separate note....

True, but it wasn’t AI. They were automated bots using traditional programming methods and techniques.

Eventually fund managers will be using AI agents to buy and sell stocks. It’s inevitable.


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[MrGoat]

Originally Posted by Rock

Re the Indian CEO and his AI 'Help Centre/Call Centre'.
I haven't encountered too many 'Call Centres' staffed by humans that are worth a cracker and NO automated ones that were anything other than a joke. Most of the automated ones couldn't even understand the question.
I suspect the CEO regards every 'contact' as a 'successful' interaction - most are an abject failure.
I worry most about the ability of malicious players to deceive and communicate false information at a level greater than anything we have seen to date. Will we be able to believe anything we hear or see?

When the entire system is AI and you can’t speak to a person or anything that understands your actual problem, the only option after hours on the phone or in a chat is to hang up or leave the chat. The option to show your dissatisfaction is removed because you just get put into another loop of AI that is designed to help the organization at every turn.

So yeah, if you quell all feedback every unsuccessful call just looks like it’s been satisfied as you hung up so you must be satisfied.

It’s a joke.


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[Paul C]

Originally Posted by MrGoat

When the entire system is AI and you can’t speak to a person or anything that understands your actual problem, the only option after hours on the phone or in a chat is to hang up or leave the chat. The option to show your dissatisfaction is removed because you just get put into another loop of AI that is designed to help the organization at every turn.

So yeah, if you quell all feedback every unsuccessful call just looks like it’s been satisfied as you hung up so you must be satisfied.

It’s a joke.


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If you're ever on the phone to an AI bot, when it says "What's the reason for your call?", reply with "Talk to a representative", and keep repeating it. Eventually you'll speak to a human. That's my trick. Works every time.

Originally Posted by Krash

True, but it wasn’t AI. They were automated bots using traditional programming methods and techniques.

Eventually fund managers will be using AI agents to buy and sell stocks. It’s inevitable.


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AI is coming for many different sectors. Can you imagine what an AI architect could draw up if you say in the style of Zaha Hadid? I don't think humanity is prepared for the impact of widespread AI.

[emersm]

Originally Posted by AzPaul

Any timeframe yet for the lifelike sexbots?
Asking for a friend.

[emersm]

Which AI stocks should I be buying other than Broadcom and Nvidia right now?

[77T]

Originally Posted by Paul C

If you're ever on the phone to an AI bot, when it says "What's the reason for your call?", reply with "Talk to a representative", and keep repeating it. Eventually you'll speak to a human. That's my trick. Works every time.

Try that with Apple Billing - (866) 712-7753



They'll drag you down to bot level and then beat you with their experience...


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[enjoythemusic]

Paul, speaking of PC.....

Today in history in 1995.... Yahoo was incorporated.

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[Krash]

Originally Posted by emersm

Which AI stocks should I be buying other than Broadcom and Nvidia right now?

A lot of the AI innovators aren’t public yet. So it’s basically NVDA, PLTR, and the usual suspects: MSFT, AAPL, GOOG, IBM, META…


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[enjoythemusic]

Originally Posted by Krash

True, but it wasn’t AI. They were automated bots using traditional programming methods and techniques.

Hmmm, in a sense it is/was 'AI' programming. Tho yes, not as 'smart' as today's AI capabilities.

And yes, they are already using AI to buy and sell stocks. But be careful, a smart programmer was able to devise a system that front-ran the front-running Wall Street'ers. He got in legal trouble for front-running their front-running scheme.

So front-running is ok. But not for those who know how to front-run the front-runners. Just want to make that clear so you stay out of trouble and let the proper stock trader front-runners front-run.

One solution would be to force a trade buy/ask/sell/etc to stay within the system for a full second, and while we're at it charge a One Penny fee per each stock during trade/buy/sell, which goes to help pay down the USA Federal Deficit, as am sure Wall Street wants to help pay down the massive National Debt. Let Wall Street do their part as they enioy the benefits of the USA :)

[Krash]

Originally Posted by enjoythemusic

Hmmm, in a sense it is/was 'AI' programming. Tho yes, not as 'smart' as today's AI capabilities.

And yes, they are already using AI to buy and sell stocks. But be careful, a smart programmer was able to devise a system that front-ran the front-running Wall Street'ers. He got in legal trouble for front-running their front-running scheme.

So front-running is ok. But not for those who know how to front-run the front-runners. Just want to make that clear so you stay out of trouble and let the proper stock trader front-runners front-run.

One solution would be to force a trade buy/ask/sell/etc to stay within the system for a full second, and while we're at it charge a One Penny fee per each stock during trade/buy/sell, which goes to help pay down the USA Federal Deficit, as am sure Wall Street wants to help pay down the massive National Debt. Let Wall Street do their part as they enioy the benefits of the USA :)

No, you’re stretching the definition of AI. Batch jobs written with COBOL or Java aren’t AI. They’re just highly advanced programs with sophisticated features.

If we use the pure definition of AI, then technically it hasn’t been achieved yet. It won’t be achieved until we reach the point of AGI, which is not far off. ChatGPT and tools like that are knocking on the door. The video above suggests we will hit AGI this year.

FWIW, even self-driving cars with sophisticated mapping and navigation software aren’t considered AI.


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[BraveBold]

Originally Posted by BLACKHORSE 6

I think that while it’s true that (for the most part) returns on assets have always been better than return on labor, it will become especially true if AI takes out all the working professionals. People who own property and other assets will do very well. Everyone else is up a creek.

Consider the scenario where all these “others” are no longer productive. Where will the demand for real property go? It seems more likely there would be a consolidation and massive loss of both need for, and resources to direct towards improving, real property.

Not that I believe that this scenario is probable.

[enjoythemusic]

Originally Posted by Krash

No, you’re stretching the definition of AI. Batch jobs written with COBOL or Java aren’t AI. They’re just highly advanced programs with sophisticated features.

ok, that's fair.

With that settled, let's push to keep the One Second stock trade rule and One Penny law to help the USA National Debt.

[Maleg]

Originally Posted by enjoythemusic

snip...

One solution would be to force a trade buy/ask/sell/etc to stay within the system for a full second, and while we're at it charge a One Penny fee per each stock during trade/buy/sell, which goes to help pay down the USA Federal Deficit, as am sure Wall Street wants to help pay down the massive National Debt. Let Wall Street do their part as they enioy the benefits of the USA :)

Instead of a penny per share, eliminate captial gains entirely in the equity market (too easy to avoid) and enact a sales tax on equities sold. Seller pays the tax. Collect the funds from the transactions real time.

Scrap the time delay. Less time to transact = more transactions = more sales tax.

[Krash]

Originally Posted by enjoythemusic

ok, that's fair.

With that settled, let's push to keep the One Second stock trade rule and One Penny law to help the USA National Debt.

I think short selling could be a concern.

Hypothetically speaking, if AI agents are told, “make me as much money as possible,” then I could envision a scenario in which millions of AI agents dump stocks like there is no tomorrow.

I’ve never been a fan of short selling and it just seems like it’s a big risk when AI agents are buying and selling stocks for everyone.

Also, when it comes to AI, it’s the things we don’t consider to be a problem today that could end up biting us in the end…


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[dtwer]

No matter how advanced or powerful AI may become, it is just one plug pull away from being gone. Or, for that matter, an EMP blast away.

When drones were first deployed on the battlefield in Ukraine and achieving effects never before seen in human warfare, many military experts lauded them as game changers. They marveled how this would usher in a total transformation of warfare. Today, with the deployment of radiofrequency signals jamming and disrupting devices, drones can easily be rendered ineffective. They can still be a nuisance to troops in the battlefield, but they are far from a game changer that people feared them to be.

Anything, as long as it's man-made, can be countered and defeated by another man-made thing.

[Krash]

Originally Posted by dtwer

No matter how advanced or powerful AI may become, it is just one plug pull away from being gone. Or, for that matter, an EMP blast away.

Imagine a billion AI agents distributed across millions of servers that are installed all over every continent on the planet.

That’s what we’re talking about. This won’t be like HAL-9000.

It’s a lot more than pulling the plug or one EMP blast away…


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[Easy E]

Originally Posted by Krash

Imagine a billion AI agents distributed across millions of servers that are installed all over every continent on the planet.

That’s what we’re talking about. This won’t be like HAL-9000.

It’s a lot more than pulling the plug or one EMP blast away…


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Worse, every phone, tablet, desktop, now cars, and whatever else is/will be more so part of the neural network. Inescapable.

[alllexandru]

97 million
According to a report from the World Economic Forum, while AI and robotics will displace 85 million jobs by 2025, they're also projected to create 97 million new roles in areas like AI development, data science, and human-AI collaboration. It's important to understand both sides of this argument.

Dont know in the long run if the ratio will be positive / negative in this jobs lost/created

[1hoot]

Originally Posted by Krash

Humans will adapt. Jobs will be lost. Jobs will be created.


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Well maybe, Musk puts the chances of AI destroying human civilization at about 20%. Sounds pretty significant to me, especially since we should expect the technology to be exploited for military purposes. Our AI vs their AI kinda thing...

[RichardBartlett]

Originally Posted by alllexandru

97 million
According to a report from the World Economic Forum, while AI and robotics will displace 85 million jobs by 2025, they're also projected to create 97 million new roles in areas like AI development, data science, and human-AI collaboration. It's important to understand both sides of this argument.

Dont know in the long run if the ratio will be positive / negative in this jobs lost/created

seems like a fudge. 'will' displace 85m by end of this year (no mention of 26,27 , 28> etc) but 'might' create 97m jobs in the future (timespan unknown)

usual WEF BS

[Rock]

Anyone who relies upon all the "Nostradamus-style" predictions about jobs lost/created - and for that matter just about anything else about AI is destined to be disappointed.
Where are all the "geniuses" who predicted the GFC? In pretty short supply, and NONE in government. We have absolutely NO idea where the AI thing will take us and you can bet that it will have implications that noone has thought of.

[Andad]

When AI is asked for the perfect scam?

[Speedbird-1]

Originally Posted by Andad

When AI is asked for the perfect scam?

It's called income tax.

[Paul C]

Human-like AI that costs $20,000 a MONTH ‘secretly being built by ChatGPT maker’ and brainy bot will be ‘PhD level’:
See link, https://www.thesun.co.uk/tech/337186...esearch-20000/

[Paul C]

[BraveBold]

interesting times

[brandrea]

Originally Posted by Maleg

Instead of a penny per share, eliminate captial gains entirely in the equity market (too easy to avoid) and enact a sales tax on equities sold. Seller pays the tax. Collect the funds from the transactions real time.

Scrap the time delay. Less time to transact = more transactions = more sales tax.

Did you come up with this? It’s sort of an interesting concept …

[Maleg]

Originally Posted by brandrea

Did you come up with this? It’s sort of an interesting concept …

It is. I am a novice invester (especially in this forum), but it seems an equitable way to tax the markets.