Interventions to control AI potential will prevent us from unlocking its benefits, while the development of more capable systems that we can't control is inevitable. Spending more money on education is often based on the desire for more rather than evidence of effectiveness. People assume that more is always better, without considering budget constraints or limited resources. The political process tends to listen to the desire for more rather than thoughtful policymaking.
The future of AI keeps Zvi Mowshowitz up at night. He also wonders why so many smart people seem to think that AI is more likely to save humanity than destroy it. Listen as Mowshowitz talks with EconTalk's Russ Roberts about the current state of AI, the pace of AI's development, and where--unless we take serious action--the technology is likely to end up (and that end is not pretty). They also discuss Mowshowitz's theory that the shallowness of the AI extinction-risk discourse results from the assumption that you have to be either pro-technological progress or against it.