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AI responsibilities too great to be placed on the shoulders of a few computer specialists

11/19/2023

No one talks of climate change risks being tackled by a few technology specialists. AI is too big and the risks so great for humanity to be placed on the shoulders of a few computer specialists. Watching Joanna Stern of WSJ interview Sam Altman and Murali Murthi gives the impression that Altman was moving too quickly and Murthi was saying the right things but lacked the experience and capacity to tackle AI's vast responsibilities. This also stems from the fact that what young Stanford and other tech graduates in their early thirties have done in the last 2 decades ends a chapter in America's tech history. AI is an entirely different technology which requires the involvement of major parts of America's whole technological and scientific community and its society, not just a few individuals. This is also the lesson from the pandemic for virus research where not just the Cambridge, Massachusetts community, a government agency and Chinese researchers needed to be involved, but vast parts of America'a health and medicine scientific community and the American public. A million lives were lost in the pandemic in the US alone, and millions all over the world. It is a lesson that should never be forgotten- that technology can get out of control.

Grouped Articles

Sam Altman Is Out at OpenAI After Board Skirmish

WSJ 11/18/2023

Many Details of Sam Altman’s Ouster Are Murky. But Some Things Are Clear.

NYTimes.com 11/18/2023

Meet Mira Murati, the Engineer Now Leading OpenAI

NYTimes.com 11/18/2023

Sam Altman Is Out at OpenAI; Mira Murati Will Be Interim CEO

WSJ 11/17/2023

China and the World Face a Double Blow from decades of housing construction enabled hyper growth- creating problems of climate change for the World and a slump in growth in 2023

10/16/2023

Decades of growth at 12-14% have left China and the World worse off. As Greg Ip pointed out in WSJ America could not cope with this hyper growth in a country many times the size of Japan after absorbing the growth of Japan in the sixties. The result was the closing down of factories and ever increasing imports from China until America had transferred its manufacturing prowess to China. This led to the societal breakdown in the US with communities dependent on factories across the US feeling the brunt. The other effects were an unprecedented in scale use of coal and fossil fuels to fuel hyper growth rates in China that created the problems of World Climate Change by 2023 and contamination of water, land and air inside China. By 2030 China will be aging rapidly similar to Japan today and the slowing economy in 2024 onwards could mean China will be stuck in the Middle Income category. All this poses lessons for America, for Europe, India and the World on what kind of growth is healthy and what kind is not, what is sustainable growth and what is not,what works well for the planet and what does not.

Grouped Articles

China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

NYTimes.com 10/16/2023

An Even Bigger Housing Crisis Threatens China’s Economy

WSJ 09/18/2023

Is China’s Economic Predicament as Bad as Japan’s? It Could Be Worse

WSJ 09/19/2023

China’s Economy Remains Shaky After Challenging Summer

WSJ 10/13/2023

China and the World Face a Double Blow from decades of housing construction enabled hyper growth- creating problems of climate change for the World and a slump in growth in 2023

10/16/2023

Decades of growth at 12-14% have left China and the World worse off. As Greg Ip pointed out in WSJ America could not cope with this hyper growth in a country many times the size of Japan after absorbing the growth of Japan in the sixties. The result was the closing down of factories and ever increasing imports from China until America had transferred its manufacturing prowess to China. This led to the societal breakdown in the US with communities dependent on factories across the US feeling the brunt. The other effects were an unprecedented in scale use of coal and fossil fuels to fuel hyper growth rates in China that created the problems of World Climate Change by 2023 and contamination of water, land and air inside China. By 2030 China will be aging rapidly similar to Japan today and the slowing economy in 2024 onwards could mean China will be stuck in the Middle Income category. All this poses lessons for America, for Europe, India and the World on what kind of growth is healthy and what kind is not, what is sustainable growth and what is not,what works well for the planet and what does not.

Grouped Articles

China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

NYTimes.com 10/16/2023

An Even Bigger Housing Crisis Threatens China’s Economy

WSJ 09/18/2023

Is China’s Economic Predicament as Bad as Japan’s? It Could Be Worse

WSJ 09/19/2023

China’s Economy Remains Shaky After Challenging Summer

WSJ 10/13/2023

The World Bank and Africa, Global South- $100 billion expansion and new vision supported by Modi and Biden

10/14/2023

Prime Minister Modi and president Biden put forward a new vision for the World Bank at the G20 meetings in New Delhi, India. This means the World Bank will expansion of funding of $100 billion and new task of development in poor counties of the Global South in Africa, Latin America and Asia.

Grouped Articles

A Bigger World Bank Takes on China’s Clout

WSJ 10/13/2023

Opinion | Humanity Is Facing a Great Injustice. The World Bank Must Respond.

NYTimes.com 10/09/2023

WSJ News Exclusive | India’s Modi Sees Unprecedented Trust With U.S., Touts New Delhi’s Leadership Role

WSJ 06/22/2023

Economist Adriana Kugler in Her Own Words

WSJ 05/12/2023

World Bank President Malpass announces resignation – DW – 02/16/2023

dw.com 02/16/2023

Food inflation of 15-20% in Europe in 2023 worsening cost of living crisis.

05/26/2023

As energy prices recede somewhat food prices remain very high in Europe increasing the impact on middle and lower income households. Food retailers are seen as increasing profit margins at a bad time for households. It has become that bad that households are cutting purchases by 10%.

Grouped Articles

Jeremy Hunt backs interest rate hikes even if they cause recession; UK retail sales jump – business live

The Guardian 05/26/2023

German economy enters recession, shrinks 0.3% in 1st quarter – DW – 05/25/2023

dw.com 05/25/2023

It Just Had an Energy Crisis, Now Europe Faces a Food Shock

WSJ 05/24/2023

Japan Core Inflation Hits 4% for First Time in Four Decades

WSJ 01/20/2023

UK inflation falls to 8.7% but food price rises remain close to 45-year high

The Guardian 05/24/2023

Spain announces €10bn help to fight rising prices

BBC News 02/02/2023

How Biden is tackling the Debt Ceiling to keep much needed spending on workers and families in America

05/19/2023

The debt ceiling standoff with a small faction in the Republican party calling for cuts in spending where it is needed for workers and families in America. In the US system even though spending is approved a debt ceiling can be passed that limits overall spending requiring another approval if the ceiling is exceeded for approved spending. In the past this was negotiated. Today this faction in the Republican party is calling for large cuts in the very areas that were neglected in the past and which urgently need funding leading to Biden's response. Infrastructure, renewable energy, education, healthcare, public services, workers and families were neglected and now need strong backing.

Grouped Articles

Democrats Launch Discharge Petition, Aiming to Force Debt-Ceiling Vote

WSJ 05/17/2023

Opinion | How Biden Blew It on the Debt Ceiling

NYTimes.com 05/17/2023

Opinion | A Few Ways Out of the Debt Ceiling Mess

NYTimes.com 05/09/2023

Biden Woos Republican Moderates in Debt Ceiling Standoff

NYTimes.com 05/11/2023

Opinion | Are Republicans Willing to Raise the Debt Ceiling?

NYTimes.com 05/09/2023

Is the Debt Limit Constitutional? Biden Aides Are Debating It.

NYTimes.com 05/03/2023

How Europe won the energy war after shutdown of Russian gas supplies

04/07/2023

By April 2023 with winter over it is clear that Europe has come out of the winter season with its economy intact after shutdown of pipeline gas from the pipelines in Russia. A lot of action was taken in a short time- Germany's Habeck went to Qatar and other countries to secure LNG supplies, a new LNG terminal was built at Wilhelmshaven in record time, Norway and the US pitched in with more supplies, conservation went into high gear, and renewable energy investments were accelerated. There is no recession in the European Union as a result of this effort. And in this sense and with the Ukrainian economy functioning, generators taking Ukraine through a tough winter, EU taking in 80% of Ukraine agricultural exports, and supermarket shelves kept well stocked, refugees settled in Poland and Germany, the war has already been decided. The principle of no impunity for attacks on neighboring countries has been preserved by the EU acting together to protect itself.

Grouped Articles

Opinion | Putin’s Energy Offensive Has Failed

NYTimes.com 04/07/2023

Thwarting Vladimir Putin: The Ukrainian Economy Just Keeps On Going - DER SPIEGEL

SPIEGEL ONLINE 04/07/2023

An LNG pipeline built in record time – DW – 11/01/2022

dw.com 11/04/2022


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