To understand the risks posed by AI, follow the money

By Tim O'Reilly, Visiting Professor of Practice at the UCL Institute for Innovation and Public Purpose, UCL
Ilan Strauss, Head of Digital Economy Research, UCL
Mariana Mazzucato, Professor in the Economics of Innovation and Public Value and Founding Director of the UCL IIPP, UCL
Rufus Rock, Researcher, Institute for Innovation and Public Purpose, UCL

Time and again, leading scientists, technologists, and philosophers have made spectacularly terrible guesses about the direction of innovation. Even Einstein was not immune, claiming, “There is not the slightest indication that nuclear energy will ever be obtainable,” just ten years before Enrico Fermi completed construction of the first fission reactor in Chicago. Shortly thereafter, the consensus switched to fears…

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