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How Capitalism Will Keep AI From Destroying The Things We Love

Benzinga LogoBenzinga17h ago

How Capitalism Will Keep AI From Destroying The Things We Love - Benzinga

Quick Summary:

The good news is that history says emerging technologies don’t mean the end of whatever they were meant to improve on.“As the ubiquity of technology increases and individuals increase their reliance on technology as they communicate via networks, the value they place on ‘authenticity’ and human connectivity – which can evoke a nostalgic image of a simpler, pre-digital life – is likely to grow,” Goldman Sachs’ Peter Oppenheimer wrote.“This is true across many product categories, including food.”

In a research report exploring AI, Oppenheimer highlights examples of hand-crafted, low-tech, “retro” goods and services that survived technological progress.

Artificial intelligence (AI) is white hot right now. Companies everywhere are bullish on the promise of taking mountains of data, processing it, and producing cost-effective goods and services that are on par with or better than what could be made by humans.


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Article Details

Author / Journalist: Sam Ro

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 14:38:29 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 815 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22532556

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 32 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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Publisher ID: #53

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