Brilliant article ! Reminds me of a fast paced thriller where the hero managed to stay ahead of « the killer on the move » at times with only a few minutes of advantage …. .. hope the bot looses
> "Get system protection: I have bought and sold houses multiple times in my lifetime, and it is not only a process that is filled with intermediaries (lawyers, realtors, title deed checkers), all of whom get a slice from the deal, but one where you wonder what they all do in return for their fees. The answer often is not rooted in logic, but in the process, where the system (legal, real estate) requires these intermediaries to be there for the house ownership to transfer. This system protection for incumbents is not just restricted to real estate, and cuts across almost every aspect of our lives, and it creates barriers to disruption."
I think of this a lot. Simple Bayesian diagnostic systems were developed in the 1970s that outperformed specialist physicians in diagnosing some types of disease, but have never been adopted in practice because, well, doctors don't like disruption.
I think the same reasoning goes for all the major professions. Lawyers will successful resist the incursion of AI because, well, members of the profession write the rules about how legal disputes may be resolved, and they're not going to concede their control to AI any time soon.
Teaching is another. We all love Duolingo, but has a single language teacher lost her job because of it? I very much doubt it.
I would add incorporating AI to our work may help as well. If it always remains a tool you are gaining from its learning, rather than being threatened by it. For example, if you Professor have trouble with the story telling, the AI may help you there.
Hmm, not sure the tool analogy works in practice. I hear tales of advertising creatives being given AI tools which, instead of being accelerators of ideas, become crutches. The syndrome of ‘google search, and stop’ seems to dominate the possibilities of enhanced super powered creativity. Perhaps we’re mostly too lazy!
Very interesting and I’m very curious on the end result of the experiment. Either answer is a “good” answer because we will know something new and I’m in the camp that for the most part AI will in hence not replace people (to some degree) unless AI fully aware , creativity is the edge that humans have … well at least for now
really loved this! I write market reseach for clients at a sell-side institution primarly on top down macro strategy, not company specific, and have often wondered if I fed a bot my articles and asked it to write on a new topic what it would come up with compared to me. Given that I right under the nom de plum, Mr Risk, I like to think that my ideas are original and inciteful, but I probably give myself too much credit. However, it is refreshing to think that the unpredictabilty and creativity of the human mind is not easily captured by bots. So I will go with that..
"4. Let your mind wander." - I used to walk the dog and listen to podcasts. Now when I go on walks with the dog and my baby daughter I've actively gotten rid of the AirPods and I've found the quality of the walks increase massively. I find new ideas, solutions to life problems, and generally enjoy the sounds of the town.
Excelent!!!!! Congrats!!!!
Brilliant article ! Reminds me of a fast paced thriller where the hero managed to stay ahead of « the killer on the move » at times with only a few minutes of advantage …. .. hope the bot looses
> "Get system protection: I have bought and sold houses multiple times in my lifetime, and it is not only a process that is filled with intermediaries (lawyers, realtors, title deed checkers), all of whom get a slice from the deal, but one where you wonder what they all do in return for their fees. The answer often is not rooted in logic, but in the process, where the system (legal, real estate) requires these intermediaries to be there for the house ownership to transfer. This system protection for incumbents is not just restricted to real estate, and cuts across almost every aspect of our lives, and it creates barriers to disruption."
I think of this a lot. Simple Bayesian diagnostic systems were developed in the 1970s that outperformed specialist physicians in diagnosing some types of disease, but have never been adopted in practice because, well, doctors don't like disruption.
I think the same reasoning goes for all the major professions. Lawyers will successful resist the incursion of AI because, well, members of the profession write the rules about how legal disputes may be resolved, and they're not going to concede their control to AI any time soon.
Teaching is another. We all love Duolingo, but has a single language teacher lost her job because of it? I very much doubt it.
Great take, thank you ... building our personal MOAT is key ... and creativity is very hard to bear ...
I would add incorporating AI to our work may help as well. If it always remains a tool you are gaining from its learning, rather than being threatened by it. For example, if you Professor have trouble with the story telling, the AI may help you there.
Hmm, not sure the tool analogy works in practice. I hear tales of advertising creatives being given AI tools which, instead of being accelerators of ideas, become crutches. The syndrome of ‘google search, and stop’ seems to dominate the possibilities of enhanced super powered creativity. Perhaps we’re mostly too lazy!
Very interesting and I’m very curious on the end result of the experiment. Either answer is a “good” answer because we will know something new and I’m in the camp that for the most part AI will in hence not replace people (to some degree) unless AI fully aware , creativity is the edge that humans have … well at least for now
really loved this! I write market reseach for clients at a sell-side institution primarly on top down macro strategy, not company specific, and have often wondered if I fed a bot my articles and asked it to write on a new topic what it would come up with compared to me. Given that I right under the nom de plum, Mr Risk, I like to think that my ideas are original and inciteful, but I probably give myself too much credit. However, it is refreshing to think that the unpredictabilty and creativity of the human mind is not easily captured by bots. So I will go with that..
"4. Let your mind wander." - I used to walk the dog and listen to podcasts. Now when I go on walks with the dog and my baby daughter I've actively gotten rid of the AirPods and I've found the quality of the walks increase massively. I find new ideas, solutions to life problems, and generally enjoy the sounds of the town.
I'm pretty sure this blog was written by the Damodaran bot