The "What is Money?" Show WiM016 - The Booth Series | Episode 6 | Intelligence, Information, and Ideas
13 snips
May 6, 2021 AI Snips
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Episode notes
Intelligence as Error Correction
- Intelligence is fundamentally error correction, a continuous adjustment between our mental models and reality.
- This process applies to markets and other pattern-recognition systems, not just human minds.
AI's Exponential Impact
- Artificial intelligence (AI) surpasses electricity's impact; if electricity were a match, AI is the sun.
- AI automates not only physical but also cognitive tasks, leading to job displacement.
Narrow vs. General AI
- Narrow AI excels in specific tasks, while general AI, smarter than all humans, remains futuristic.
- Machines learn by correcting errors against vast datasets, exceeding human capabilities.