How much faster will everyone be?
How much faster will everyone be?
Riley Amara Shah
From the AI Tiger series: "People who do not exist, but know something about AI."
Image and person’s name created by AI
AI saves time and increases labour productivity per person many times over. So AI has the potential to transform the entire global economy. How much faster will everyone be? Imagine integrating an AI like ChatGPT into the legal system, into medicine, into science, into finance. Into media, into art (already happened), into gaming. You name it. And this is probably happening all at the same time.
Sounds crazy? It is not. I think Yuval Harari mentioned in one of his fantastic books that all the world’s trade in the 15th century could be done today with four or five large container ships. In other words, a person today is perhaps a thousand times more productive on average than a hundred years ago. What will happen if, in the next few years, AI increases that productivity by another hundred times? To be honest, the idea of such acceleration makes my head spin.
AI saves time and increases labour productivity per person many times over. So AI has the potential to transform the entire global economy. How much faster will everyone be? Imagine integrating an AI like ChatGPT into the legal system, into medicine, into science, into finance. Into media, into art (already happened), into gaming. You name it. And this is probably happening all at the same time.
Sounds crazy? It is not. I think Yuval Harari mentioned in one of his fantastic books that all the world’s trade in the 15th century could be done today with four or five large container ships. In other words, a person today is perhaps a thousand times more productive on average than a hundred years ago. What will happen if, in the next few years, AI increases that productivity by another hundred times? To be honest, the idea of such acceleration makes my head spin.
Disclosure
This text was written by a human and edited by AI to vary or improve the writing style of the English version, as I am not a native speaker.
The image accompanying the article was created with the help of DALL-E AI. Any resemblance to a living person is purely coincidental.
The source of the content is less important than the chatbot's ability to engage my attention