Robotics, AI, and the Macro-Economy | Jeffrey Sachs

Jeffrey Sachs explores how robotics and AI will affect the economy at large.

The Beneficial AI 2017 Conference: In our sequel to the 2015 Puerto Rico AI conference, we brought together an amazing group of AI researchers from academia and industry, and thought leaders in economics, law, ethics, and philosophy for five days dedicated to beneficial AI. We hosted a two-day workshop for our grant recipients and followed that with a 2.5-day conference, in which people from various AI-related fields hashed out opportunities and challenges related to the future of AI and steps we can take to ensure that the technology is beneficial.

For more information on the BAI ‘17 Conference:

[luisortega]

Great guy. The USA needs more economists saying this.

[senjiukanuba]

Thank you for uploading these talks!
Also that is an amazing setup, 80% of the screen for the screen and you can still see the speaker on the remaining 20%. I'm serious, most talks either don't show the slides well or don't show the speaker. Well done!

[Gator]

awesome lecture. this is what college should be like, attending lectures like these

[joshuaeko]

Great lecture Prof..
So what happens if the corporates know better our society than the state with their AI?

[HerrBaton]

US economy is not supported merely by US workers - it is sustained by worldwide network of exploitation, maintained by US military interventions.

[billy-joes]

You convert the abandoned auto plants into high speed rail plants ?

[richardouvrier]

We need distribution via Industry policy, more taxes, R&D in selected industries.

[peterz]

so, what happens to the ~50% of the population who have IQs <=100 in a more complex world in which low end jobs are replaced by machines?

[dr_volberg]

39:59 - The trolley problem seemed stupid to him because he did not understand it's point or function. Originally the problem was not about the trolley, but rather it was a method to think about competing ethical theories. It was supposed to be a way to learn something about the theories.

[richardouvrier]

Prof Sachs, you have a v, v good job as a lazy professor. Most white collar jobs are bloody boring.

[billy-joes]

I feel like I need to work not just because of my needing of money but because of the forced social interaction. I don't really have many friends so with no hanging out with people at work I'd be alone all the time .

[Brainbuster]

Play at 1.5x playback speed ;)
You're welcome.

[mycount]

distribution and access to the technology and its benefits is going to be the challenge. no on is going to give this stuff away. just as there is inequality in wealth there will be unequal distribution of benefits of AI. if you can afford the benefits of AI you will get it if you cannot afford to purchase it you will be a have not.

[dorothyknable]

Jeff Sachs is often being rueful. Listeners who don't know of the work, aren't realizing, when he says he has fun all day, that his fun IS work, rather hard work to do well. He's bucking society's ideas. Did you notice how many times he said, just off-the-cuff, "That's from reflexion" or "I made up a chart." It is play for someone who has spent his life gathering amazing amounts of data. This data is about how people in the world work and how money really is distributed. He's recommending changes that will help the young, the"lower classes" and poor do better in the end. If you said, disgustedly, he admits he's lazy, please try again, stopping to read the charts and look up some words. His vocabulary is richer than mine and I have a Master of Science. I LOOK THINGS UP. So I'm not insulting anyone. I get it because, in addition to my studies, I've studied the MOOCs at SDGAcademy.org. It is The Sustainable Development Solutions Network of the United Nations. Jeffrey Sachs founded that.

[realisticallyspeaking]

This means lotus eaters handing over responsibility to controllers

[qwerky]

there is so many people not in your privileged position they simply could not agree, we fought your wars, if it wasn't for men like me where would he b now? i have built my own computers for many years now, it was not to take advantage of others. i will sleep well when my time comes could u ?

[venkateshkalla]

Fewer men would work and feed the rest. More men with more leisure would more or less,  less thinks of food and leads lifestyles of Primitives.

[Upperroad]

A macro economy, a maxi rate of unemployment...

[billy-joes]

Get bad results back from your AI radiologist then wish you had a job so you could pay for the work you need done lol

[dralexsadler]

He openly admits that he gets paid by "force" and that, as a professor, he leads a life of leisure drinking coffee with his mates in Starbucks while other people, through no choice of their own, have their money taken from them to pay for it. Honest, but disgusting.