Artificial intelligence diminishes its own value

Economic choices are acts of creativity. They encode points of view about what is best for the buyer or seller. New options, and new information about existing options, change each individual’s choices. This is true even in non-capitalist economies, as no central committee can control individual minds completely. You might know what someone will buy in the short run, but in the long run you cannot meaningfully predict even one person’s buying and selling decisions. Scale up to the level of a country’s economy and your predictions have no value. Any artificial intelligence is itself also a set of abstractions. <blockquote> While an AI may produce surprising results, even to practitioners on the front lines, this only implies a difference in memory capacity. </blockquote> Any mathematical operation is a description of physical reality, itself it is not an understanding of reality. You might meditate on why a program or formula is interesting, and gain insight, but the code and math does not explain itself. Every step in reasoning, including in math and computer science, is explanatory. If an A leads to a B, that must be so for a reason. This is one of David Deutsch’s main points. He is a renowned quantum physicist and philosopher of science. All this to say that an AI’s predictions and actions, like a customized offer on an e-commerce site, put new options and information into the marketplace. The feedback loop that I described happens in two ways. <a href="https://medium.com/@steven.p.keely/all-ais-destroy-themselves-805580d88e4a">Learn More</a>