Can AI solve the world’s problems, like clean drinking water? “A superintelligent machine may be able to understand these problems, but it will have no way of overcoming them,” writes Francis Fukuyama. “There are water mafias that buy water where it is cheap, and resell it at extortionate prices. They are armed and ready to use violence if you get in their way.”
Summary
- AI has many answers, but it can't by itself build a new society.
- The binding constraint on economic growth is not insufficient intelligence.
- Translating smart machines' work into material goods faces challenges.