Deadly Truth of General AI? - Computerphile

> exponential leap forward A recent(-ish) Computerphile video has a good overview of the AI-self-improvement problem. [link] I recommend watching the previous video first, which introduces the problem of strong-AI rapidly finding solutions (especially with poorly-specified questions) that may not be in humanity's best interest. [this video] Before anybody jumps to overly-sensational conclusions, note that the last video in that series, Rob Miles explains how exponential self-improvement is an extreme point in the space of possible AI development. We don't know how to predict discoveries[1], so we need more research into AI, so we can hopefully make something that isn't exponentially growing beyond our understanding. [link] [1] see James Burke's non-teleological view of change

We understand how people work and think pretty well, their edgecases, and countermeasures to said edgecases. We don't understand edge cases of AI much at all, and the terrain-space of "possible minds" they might be is vastly broader than that of a human mind, and utterly outside our experience. An AI might work with absolute 100% flawless precision for 100 years, then decided one day to kill everyone. A lot harder to see that coming from a totally alien intelligence than a human one. AI does not think like humans, have human values, or care about what humans care about, that might make them extremely unpredictable and dangerous. There will be no time for iterative development, or learning from our mistakes, a sufficiently advanced AI knows we would try to stop it, and make sure that we never can. [this video]

That's an issue with the concept of a "black budget", not the payment mechanism. The government corruption bitcoin stops is really bank corruption, but the central banks (including the fed) work hand in hand with the governments (control them in fact), so it's a kind of joint effort. The corruption works like this: When the Fed was formed in the early 20th century, it came to an agreement with the government to be able to print off unlimited amounts of money, providing it was in the form of loans and under the agreement that it would destroy the money when the loans were repaid. All under the Keynesian guise of "elasticity of money". The fly in the ointment is that the banks can charge interest on this money they print - if they didn't it would be a free-for all, because interest is what disincentivises debt. What this led to was the doubling of the money supply every decade for the last 100 years, as the banks are incentivised to lend as much money as possible. [link] Each time you double the number of currency units, the total value of the money is diluted across double the number of units and so the value of each unit is halved. If you do this too quickly, people lose confidence in the money and you fall into hyperinflation, but if you throttle it just right, they don't catch on. It helps that the value of consumables (cars, food, toothbrushes etc) goes down by around 5%/year due to technology-driven manufacturing efficiency gains. This means that they can devalue the curr