This is the season of holiday overeating and over-drinking—despite the fact that moderate consumption of food and alcohol is widely believed to lead to a better life. Although I sometimes agree with Oscar Wilde in advocating “moderation in all things—including moderation,” I am beginning to think that AI—particularly the generative variety—is no different than food, alcohol, or other good things that become problematic when used excessively.
Read MoreWith the release of ChatGPT, I thought I might finally have an answer to one of the few remaining unanswered questions in economics: is there such a thing as a free lunch? After fasting through midday, I was left wondering what ChatGPT might otherwise be good for, more particularly, what meaningful data could it provide as input to my AI algorithms. Social media can be thought of as “Confirmation Bias as a Service.” It is architected to understand what confirms my beliefs and it provides that to me. It generally makes me feel good as a person, but my AI algorithms are less moved. ChatGPT is more like “Group Think as a Service.”
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