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I've been musing over how AI will control even more of Investment Management (when compared with the computer models used to manage investments). As AI controls more of businesses, and AI controls more of the investments into (and out of) those businesses I'm very curious to see what the results will be.
I also am thinking how it will become even more difficult to raise children - already very difficult with today's technology.
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AI will even influence how we think about money. Ever since the humanity thought up of trading something of value, whether it be a rock or a goat, for something else they considered valuable... money (goats are a form of monney) has always centered around the idea of intrinsic value.
If UBI (Universal Basic Income) is the idea floating around to address tons of people being out of jobs due to AI. Forget the start of it, imagine the next 1,000 years of people getting used to getting money for nothing. The next round of new politicians will always promise new crap. Just like any other fake momentary system it gets out of hand. Then we end up with an inflated UBI based on people doing nothing for it (except giving up their freedom, but I digress).
Which means, future money will have no intrinsic value. Which is impossible. Which means money will be a concept of the past, in the way we see it now. Also, curious to know how that would affect investments if we have no concept of money (value).
Jeremy Falcon
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Jeremy Falcon wrote: Which means, future money will have no intrinsic value. Which is impossible. Which means money will be a concept of the past, in the way we see it now. Also, curious to know how that would affect investments if we have no concept of money (value).
A nice Utopia is the way Star Trek "world" works
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
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I know I’m gonna lose nerd pints here, but I don’t know how that works. Can you elaborate?
Jeremy Falcon
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https://gamerant.com/star-trek-why-world-without-currency-way-forward/[^]
Sorry, too lazy to write it down...
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Oh snap... I'll have to check it out after work. VPN issues and all that. Thanks man.
Jeremy Falcon
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You are welcome.
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Craig Robbins wrote: how AI will control even more of Investment Management
AI will control investment management under the parameters of its master.
Now, whether or not those controls are in your best interest, or the management company, remains to be seen, but I think we both know that answer to this question. 
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Maybe put an AI autonomous robot in a Tesla and shoot it into space to show the universe how cool we are?
I don't think before I open my mouth, I like to be as surprised a everyone else.
PartsBin an Electronics Part Organizer - Release Version 1.1.0 JaxCoder.com
Latest Article: Simon Says, A Child's Game
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Mike Hankey wrote: to show the universe how cool we are
The universe has been laughing at us for a very, very long time now. I can assure you, without a shadow of doubt, no Tesla is going to change that.
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One alien to another passing by earth;
Wanna stop see what's going on?
Nah there's no intelligent life there.
I don't think before I open my mouth, I like to be as surprised a everyone else.
PartsBin an Electronics Part Organizer - Release Version 1.1.0 JaxCoder.com
Latest Article: Simon Says, A Child's Game
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Slacker007 wrote: I can assure you, without a shadow of doubt, no Tesla is going to change that.
I would say, it would make it even worse   
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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One area I think it could be very useful in in analysing code in large and complex systems to help developers when debugging issues.
I could really do with this sometimes, so that I could ask the system "how is this particular value for x generated" and I could be given a map of how that value was derived rather than have to spend potentially hours to get there.
I work on systems where it can take hours and sometimes even weeks to debug and figure out an issue.
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
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Another cool use will be robot girlfriends.
Jeremy Falcon
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She is the latest in technology
Almost mythology
But she has a heart of stone
She has an IQ of one thousand and one
She has a jumpsuit on
And she's also a telephone
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
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You should at least give a reference to the song you quote:
Yours Truly, 2095 - Electric Light Orchestra (ELO)
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.
-- 6079 Smith W.
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I'd assumed, that like me, every one was an old fogey on this site 
The 80's really was a fantastic time for pop music.
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
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Some of us are too old. I quit listening to pop by the 1970s.
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G'day Folks,
Looking back on the development of AI (Artificial Intelligence) and for those that don’t know it, it’s worthwhile looking at;
"What is Artificial Intelligence (AI) & Why is it Important? | Accenture[^]"
AI is being introduced too soon in too many applications where now I am starting to think that AI is running itself and taking over. It is in my opinion, getting out of hand and starting to get difficult to handle, i.e. control.
I am reminded of Murphy's Law "Anything that can go wrong will go wrong.", eventually and maybe sooner than we think.
The AI projects as a whole needs to be withdrawn until the project can be better controlled and stop it from generating misinformation.
That large Businesses have introduced AI into their Corporate Systems I believe was misguided for an application that was still in the development stage, i.e. not fully proven, and the ramifications are being felt now with many taking a few steps back.
Just my “Tuppence worth” (old saying for Two pennies worth) take care and practice extreme caution when using AI.
Regards
Roger Hass / PC-Bug Fixer now in Tanilba Bay NSW 2319 Australia
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First fear:
Is there a politician in DC who hasn't already thought "How can my party and I secretly exploit AI to put us in power perpetually?"
Corollary to first fear:
Legislation isn't going to "save us from AI' when the people writing regulations are political animals (as we all are).
Second fear:
"AI" become the new religion which can tell people to do things "because AI said so" even though it's an actual person telling sheep (people) what to do.
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Agree about medical, but it will be drug discovery where the intersection with quantum computing is going to have it spitting out so many concoctions to put in people to alter biochemistry etc that we literally evolve into multiple new species as we go far beyond eliminating ailments.
After the 8th accidental space tourism collision all the space stuff will be mostly only hold until we launch a bunch of giant nets to scoop up all the stuff in LEO in a giant cleanup mission.
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I thought the same thing for space flight, and Tesla or Elon Musk with his work on self driving cars, can utilize the same technology for space mining drones around our asteroid belt using SpaceX.
If it ain't broke don't fix it
Discover my world at jkirkerx.com
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Medical would be interesting if the AI is given ALL the known data. It would tell everyone to change their lifestyle to avoid all of the interactions and side effects of drugs that only mitigate illness.
Of course, the more likely scenario is that the drug companies, having massive money and power, will ensure that only drugs and surgical interventions are acceptable treatment, and greed will prevail.
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Agree. A very real possibility indeed.
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