Can Socially-Minded Governance Control the AGI Beast? / Joshua S. Gans.

Format:

Book

Author/Creator:

Gans, Joshua S.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w31924.

NBER working paper series no. w31924

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2023.

Summary:

This paper robustly concludes that it cannot. A model is constructed under idealised conditions that presume the risks associated with artificial general intelligence (AGI) are real, that safe AGI products are possible, and that there exist socially-minded funders who are interested in funding safe AGI even if this does not maximise profits. It is demonstrated that a socially-minded entity formed by such funders would not be able to minimise harm from AGI that might be created by unrestricted products released by for-profit firms. The reason is that a socially-minded entity has neither the incentive nor ability to minimise the use of unrestricted AGI products in ex post competition with for-profit firms and cannot preempt the AGI developed by for-profit firms ex ante.

Notes:

Print version record

November 2023.