The problem with the new chatbots is not just that they are often stupid and naive; it is that they are not “stupid” or “naive” enough to pick up on the nuances, ironies, and revealing contradictions that constitute human culture and communication. Worse, by relying on them, we risk succumbing to the same obtuseness.
fears that the rise of powerful chatbots will spell the death of irony and nuance in human thought.
Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all.
explains how central bank digital currencies would end bank runs and banks' excessive risk-taking.