🔮 The people vs tech; the Europoor; forgotten Creole++ #609
Your weekend briefing on AI and exponential technologies
Welcome to the Sunday edition, where this week we explore the intersection of technology and politics. The article begins with a quote from Gina Hinojosa, the newly elected Governor of Texas, who asserts that the current political landscape is essentially a battle between the general populace and a handful of powerful tech billionaires.
This sentiment is echoed in a profile of Dario Amodei, founder of Anthropic, an AI company. According to a report, Amodei believes that AI is so powerful that only those who share his views should be in charge of its development.
The article then delves into the question of why Americans have such a negative perception of AI. Gillian Tett suggests that this could be a result of America's strong individualistic culture. She points out that while productivity gains from computers in the PC era took about 14 years to be reflected in aggregate statistics, AI may show results more quickly.
Turning to the topic of AI's impact on productivity, the article notes that the evidence is currently inconclusive. While individual companies are starting to report gains, it's too early to attribute these to AI with much confidence. However, some big law firms are allocating a significant portion of billable time to AI development, with one firm setting aside 3% of its billable time, amounting to approximately $1.1 billion over five years.
This investment reflects a belief among executives that small successes in AI adoption can lead to substantial results in the future.
Written by urgent.news from Exponential View's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.