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MONEY REIMAGINED: The Dichotomy of AI | MIT Professor Sandy Pentland Examines Whether It Poses a Threat or Opportunity to Humanity
Dec 1, 2023
MIT Professor Sandy Pentland explores AI governance challenges and solutions, including data ownership, control, and the potential of crypto and AI technologies. They discuss the governance of AI, the dangers of AGI, and the importance of transparency and accountability. They also delve into defining harm, individual choice, metadata, and the value of provenance. Additionally, they explore the use of blockchain and distributed federated systems for tracking valuable data, data ownership and control, and the importance of data empowerment and community control.
49:08
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Quick takeaways
- Data ownership and control is essential for empowering communities and holding institutions accountable.
- Distributed ledgers like blockchain enable communities to manage their data, ensure privacy, and make evidence-based decisions.
Deep dives
Data Ownership and Community Empowerment
Data is a core means of production that communities should have control over, just like money and land. Centralization of data has led to the loss of community power and centralized control by algorithms. Empowering communities with data ownership can enable them to understand their situation, make informed decisions, and hold institutions accountable. By distributing power at the data level, we can unlock the potential for communities to contribute to medical research, improve local services, and address social and environmental issues more effectively. Data cooperatives and federated systems can help communities manage their data, make collective decisions, and foster transparency and accountability.
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