AI has become a Gigantic Topic as of Late.
Truly it is more discussed and more argued about than most technologies have been in the past.
Now, today I'm not going to talk so much about the "Reality" of the Uses of AI as I am going to discuss the "Perception" of the Uses of AI.
Why?
Well, the Reality of Many Technologies doesn't always lead to them Winning or Losing.
Many "Amazing" Technologies have Disappeared because the Perceptions of their Uses were Negative.
As I've said before, Perception Becomes Reality.
Why is this Important with AI specifically?
What are people's Perceptions of AI?
Well, there is the Camp that says that AI will "Unlock Untold Productivity" in the World...
However, many People who frequently use AI say that it is Incredibly Unreliable, and often you need "Just As Much" Work or "More" to Utilize AI to Effectively.
There is an argument here that these are the "Wrong" Uses of AI, but if people "Perceive" AI "Should" be Usable in those ways, they will then Perceive AI Does Not Function Well.
But More Important to today's topic is the Use of AI to create Incredible Amounts of Content.
Now, Creating Content is fine (if it can actually be called "Creating"), but there is a Problem that AI faces.
What happens when the Content that AI is Creating is Incorrect?
This "Does" happen in Multiple Ways.
AI is Unable to Perceive the Reality of Information - what is Valuable, what is Useless, and what is Purposefully Misleading.
Some people estimate that AI Junk has already taken over 50% of the Internet, which some theorize could further lead to an "Internet Collapse".
On top of this, there are also Bad Players who are Purposefully using AI Technology to Spin their Own Stories, then Mass Producing it.
Already 85% of US Citizens are Concerned about Problematic Deep Fakes.
What does all of this Create?
A Lack of Trust.
What Information can you Trust when you hear that over 50% of the Internet has been Taken Over by Unreliable AI?
What Videos can you Trust if you "Know" People are Purposefully utilizing AI and Deep Fakes to Twist Perceptions?
When News goes Viral, is it Based on Reality or is it Based on an AI Hallucination?
What Scientific Conclusions can you Trust when You Know that many Companies are Manipulating Research to Benefit Themselves, and that is the Majority what AI is looking at?
Then, are We even Sure that the AI is Regurgitating the Research Correctly?
Even if Aspects of these are Just "Perception", it still Destroys Peoples' Trust.
Then, when people are Worried if they can Trust AI in "General", what does that mean about the Companies that have decided to "Rely" on AI?
If AI is not Reliable, are these Companies Reliable?
Again, it doesn't matter if these Companies are Reliable in Reality.
If the Perception is "AI is Not Trusted" and these Companies "Rely on AI", then by Simple "Logic", these Copanies "Can't Be Trusted" because of their Dependence on AI.
This is where it can become an Extreme Problem for the Economy.
What is the "Foundation" that our Economies Rely on to Function?
Money is either Paper or series of 0's and 1's that we "Agree" Mean Something.
We "Trust" it has Value.
If we Didn't "Trust" it's Value, it would be Worthless.
How do Banks help Businesses Grow?
They "Loan" Money to Businesses, often "Significantly" More Money than they Actually Have (Up to 10x More).
If Banks did Not Trust that Businesses would Pay those Loans Back, Progress would Cease.
If People Didn't Trust that Banks had their Money Safe, they would Withdraw their Money, potentially Destroying the Banks.
If People Didn't Trust Businesses, the Businesses would Stop making Revenue, making paying Loans Impossible.
If the Businesses Failed to make Revenue, their Shareholders would Panic and Companies' Values could be Destroyed.
Now, what happens when People Do Not Trust "Anything"?
Nothing Positive.
We know that the Banks have already Loaned Gigantic amounts to AI Companies.
With this, we have heard AI Leaders state that they will Need "Massive" amounts "More" Money to make Significant Changes.
Whether it is Databases to Store and Train AI (which Exponentially Increases), Energy to Support AI (which also Exponentially Increases), you begin to Wonder.
When do we hit a Major Roadblock to AI's Progress?
Some people Believe we've "Already" Hit the Roadblock, and their Trust has Completely Eroded.
AI Organizations have also seemed to Fail to Reduce Worries around AI Junk, Bad Actors Misuing AI, AI "Hallucinations", and More.
If anything, these seem to be getting Worse.
Each Iterration of AI seems to Bring "Less" Trust.
How Long does it take for People to Lose "All" Trust?
Then, what happens when "Everything" Depends on a Trust that No Longer Exists?
Economic Collapse.
Now, is this "Inevitable"?
Not Necessarily.
As I've said before, I'm Not "Anti-AI", and I believe that we could "Possibly" see great things accomplished with the use of AI.
However, I believe this will "Only" happen if AI Companies can Turn Around their Collapsing Perception.
If AI is to Succeed, we "Must" see AI Companies "Increase" Trust in the Technology.
If AI Companies Prove that they are Trustworthy, and that their Technology "Can" and "Should" be Trusted, then we shouldn't have to worry about this.
But if AI Compaies Continue to "Lose" Trust, and they Continue to Prove their Technology to be Unreliable?
Well, Prepare for Extreme Economic Difficulties.
So much of the Economy is Currently Revolving around AI Success that if it Fails, it may make the Dot Com Bubble look like Child's Play.
All of this will come down to Trust.