Fun

‘Godfather of AI’ advises UK government to start UBI

News Feed - 2024-05-19 01:05:00

Tristan Greene7 hours ago‘Godfather of AI’ advises UK government to start UBIGeoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years.1937 Total views17 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksGeoffrey Hinton, a world-renowned artificial intelligence (AI) expert often referred to as the “Godfather of AI,” recently consulted with members of the United Kingdom’s government at Downing Street where he advised lawmakers to consider adopting a universal basic income (UBI) to deal with the impending threat of job loss.


Until recently, Hinton worked for Google developing high-level AI features for neural networks — the underlying technology that powers most modern generative AI systems such as Google’s Gemini and OpenAI’s ChatGPT.


According to Hinton, the AI revolution will mostly benefit the rich. Laypersons, blue collar workers, and those employed in jobs that can be automated stand to lose their means of income and “that’s going to be bad for society” he recently told the BBC in an interview.


“I was consulted by people in Downing Street,” said Hinton, “and I advised them that universal basic income was a good idea.”


Hinton isn’t the only major player in the field of AI who believes that we’ll need UBI to offset the impact automation will have on the human economy.


Prior to becoming one of the most famous CEOs in the tech industry, OpenAI co-founder Sam Altman studied under Hinton and helped pioneer the neural network. These days, Altman is known for his tenure as OpenAI’s top brass as well as his full-throated support for UBI.


Altman"s other venture, Worldcoin, is focused on providing UBI through the adoption of a cryptocurrency token provided free of charge to anyone who signs up for the service and submits to a retinal scan to verify their identity.


Aside from saving humanity from employment displacement through the advent of UBI, both Hinton and Altman have expressed their belief that AI could pose an existential threat to humanity.


Hinton reportedly left his post at Google so that he could speak more freely about his concerns over the impact AI could have on the future of our species. And Altman, for his part, claims the entire reason he co-founded OpenAI with Elon Musk and others was to ensure that advanced AI systems were developed carefully and for the benefit of humanity.


In his recent BBC interview, Hinton said we may only have a handful of years before the threat becomes imminent:“My guess is in between five and 20 years from now there’s a probability of half that we’ll have to confront the problem of AI trying to take over.”


Related:AI safety researchers leave OpenAI over prioritization concerns# Google# Technology# United States# AI# Future of Money# ChatGPT# OpenAIAdd reaction

News Feed

ZK-proofs introduce security challenges for developers
Robert D. Knight9 hours agoZK-proofs introduce security challenges for developersZK-proofs are marketed as a miracle cure for many of blockchain’s ills, but some less discussed side effects are introducing fresh risks.
Turner Wright2 hours agoArkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra walletsTerra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea,
Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota
Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota Exxon Mobil Corporation is reportedly participating in a pilot program that leverages exces
‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust Wallet
Brayden Lindrea8 hours ago‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust WalletThe firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web fo
US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’
US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims "Big Crypto Companies Are Desperate" The United States senator from Ohio and Senate Banking Committee chief Sherrod
Tristan Greene6 hours agoCircle preps $1B war chest to deal with market threats from PayPal and othersCircle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the
Martin Young7 hours agoKyberSwap DEX exploited for $46 million, TVL tanks 68%The DEX aggregator has been exploited across multiple blockchains, with millions in Wrapped Ether and other assets stolen.3589 Total views9 Tot
While Everyone Is Trying to Build a Super App Blockbank Has Done It
While Everyone Is Trying to Build a Super App Blockbank Has Done It press release PRESS RELEASE.“Creating a neobanking super-app for crypto and digital assets has been blockbank
Ether ETF is less likely than Bitcoin ETF was — Recharge Capital founder
Zoltan Vardai8 hours agoEther ETF is less likely than Bitcoin ETF was — Recharge Capital founderThe SEC could bring more regulatory scrutiny toward Ether ETF applications, despite the prior approval of spot Bitcoin ETF
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh CriticismLarge Makerdao holders decided not to compensate the victims that were liquidated during the unexpecte
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
Sam Bankman-Fried Disputes FTX US "Shortfall" Claims, Critics Skeptical of Excel Spreadsheet Defense Following an update from FTX debtors about the $5.5 billion discovered by admin
Marcel Pechman2 hours agoSBF and Caroline Ellison conspired to keep Bitcoin under $20K, but did it work?SBF, Caroline Ellision, Alameda and FTX may have conspired to keep Bitcoin price below $20,000, but is it actually p