3 ms·
Unsafe AI would cause human extinction which is bad for shareholders because shareholders are human persons and/or corporations beneficially owned by humans. R
by upwardbound 2y ago
Unsafe AI would cause human extinction which is bad for shareholders because shareholders are human persons and/or corporations beneficially owned by humans.
Related to this, DAO's (decentralized autonomous organizations which do not have human shareholders) are intrinsically dangerous, because they can benefit their fiduciary duty even if it involves causing all humans to die. E.g., if the machine faction in The Matrix were to exist within the framework of US laws, it would probably be a DAO.
- astrange 2y agoThere's no legal structure that has that level of fiduciary duty to anything. Corporations don't even really have fiduciary duty to their shareholders, and no CEO thinks they do. https://www.businessroundtable.org/business-roundtable-redefines-the-purpose-of-a-corporation-to-promote-an-economy-that-serves-all-americans https://www.businessroundtable.org/business-roundtable-redef... The idea behind "corporations should only focus on returns to shareholders" is that if you let them do anything else, CEOs will just set whatever targets they want, and it makes it harder to judge if they're doing the right thing or if they're even good at it. It's basically reducing corporate power in that sense. > E.g., if the machine faction in The Matrix were to exist within the framework of US laws, it would probably be a DAO. That'd have to be a corporation with a human lawyer as the owner or something. No such legal concept as a DAO that I'm aware of.
- deleted 2y ago[deleted]