AI Containment

“The official number [of Covid-19 deaths] is probably an exaggeration because it includes some people who had [the] virus when they died even though it was not the underlying cause of death,” a Times article read, explaining that both CDC data and a study in the journal Clinical Infectious Diseases support the claim that “almost one third of official recent Covid deaths have fallen into this category.”

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The only times over which we have any degree of influence at all are the present and the future – both of which can be made worse by attempts at symbolic restitution among the living for what happened among the dead, who are far beyond our power to help or punish or avenge. Galling as these restrictive facts may be, that does not stop them from being beyond our control. Pretending to have powers that we do not, in fact, have risks creating needless evils in the present while claiming to deal with evils of the past.--Sowell

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Central planning fails because its success would require the mind of God, yet planners are human. Even if they somehow weren’t corruptible, they can never be sufficiently informed to outperform the market, which is composed of the untold bits of detailed consumer and seller knowledge that are signaled through prices. Interference in the market process, whether it be through direct or indirect price controls, inevitably produces harmful unintended consequences.--deRugy

AI Containment

The Biden administration is stirring over developing controls for AI. They are talking about creating confines on developed commercial AI  products before they are released. Some questions come to mind.

--Does the government have in-house experts or will they rely on experts in the private sector, experts who are probably developing the products being analyzed?

--Does the government have a good history of quality regulations? After all, this sounds a lot more significant than regulating farmers to protect a field rodent.

--Is the regulatory process free of outside influence? Are those outside influences always domestic companies or are they sometimes foreign nations?

--What is the greater threat, those who accept the notion that AI should have oversight or those who repurpose existing, approved AI applications or develop their own outside of regulations? What are the plans for that second group?