It’s easy to be dazzled by the super-rich, but don’t believe that they’ll do the right thing

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It’s easy to be dazzled by the super-rich, but don’t believe that they’ll do the right thing
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Silicon Valley tech showmen like Elon Musk and Sam Bankman-Fried can blind us with science. A little more scepticism would not go amiss

reat wealth has always signified status, but today tech wealth also signifies having special futuristic insights denied the rest of us, which the Silicon Valley billionaires are all too ready to dispense and we are too ready to receive. Thus the spectacle of the British prime ministerthe banal utterances of the world’s richest man as prophecies from an entrepreneurial god who deigns to walk among us.

Musk, a believer in climate change as humanity’s second biggest challenge, after “the existential threat” of artificial intelligence, might have taken the opportunity to challenge Sunak over his new enthusiasm for legacy oil and gas – but this was not an exchange designed for challenge by either man. It was designed to show British voters that Sunak is in the same cosy league as a tech god. There was to be no puncturing of the divine aura in which the supplicant and future-seer wanted to bask.

AI may or may not existentially abolish work or create a world of surveillance, but in the meantime junk flourishes Time needs to be called on all of this. The Bletchley Park summit agreed a voluntary code for AI companies to disclose their models to governments to ensure that they were safe – thus hoping to guard against potential “existential risks”. Worthwhile, but only a baby step. Public research on AI is dwarfed by tech giants whose AI models, once the same scale, are now on averagethan those produced by government and universities.

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