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Democratizing Artificial Intelligence

Artificial Intelligence has the potential to make or break the world order, either pulling the “bottom billion” out of poverty and transforming dysfunctional institutions or entrenching injustice and increasing inequality. The outcome will depend on how we manage the coming changes.

OXFORD – Artificial Intelligence is the next technological frontier, and it has the potential to make or break the world order. The AI revolution could pull the “bottom billion” out of poverty and transform dysfunctional institutions, or it could entrench injustice and increase inequality. The outcome will depend on how we manage the coming changes.

Unfortunately, when it comes to managing technological revolutions, humanity has a rather poor track record. Consider the Internet, which has had an enormous impact on societies worldwide, changing how we communicate, work, and occupy ourselves. And it has disrupted some economic sectors, forced changes to long-established business models, and created a few entirely new industries.

But the Internet has not brought the kind of comprehensive transformation that many anticipated. It certainly didn’t resolve the big problems, such as eradicating poverty or enabling us to reach Mars. As PayPal co-founder Peter Thiel once noted: “We wanted flying cars; instead, we got 140 characters.”

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