TECH - Larry Summers Says Halting AI Would Be To 'Cede Field To Potential Adversaries' Of US But Sees Need For Strong Regulation To Ensure Safe Use | Benzinga
Former Treasury Secretary Larry Summers, on Friday, weighed in on presumptive Republican candidate Donald Trump’s tariff proposals and on artificial intelligence technology.
Change All Around?
In an interview with Bloomberg, Summers discussed whether significant changes were happening across the board, particularly in areas such as climate, geopolitics, and the global economy. The economist said the current generation has seen much less change compared to the generation his grandmother lived through, specifically the period from 1900 to 1974.
“I have a suspicion that my granddaughter is going to witness history like my grandmother did,” he said.
More importantly, the economist foresees a significant shift with the advancements in artificial intelligence. He said the next generation will witness seismic change but cautioned about the pitfalls associated with such technology.
“The issue is going to be, can we manage it so we avoid the catastrophes?” he said.
Summers stated that AI can be transcendent because of its recursive nature, allowing it ...