Taming the Beast or Unleashing the Full Potential of AI?

The Great AI Dilemma

Posted by: Nicky Verd Comments: 0

The rapid advancements in artificial intelligence (AI) have brought both excitement and concern. This is a unique moment in time, and we are definitely exploring unfamiliar territory when it comes to AI.

The Pandora box is open. Open Source LLM are in the wild now. There’s no putting the cat back in the bag.

The creation of artificial intelligence comes with great responsibility as it also creates a great power. This is truly where angels fear to tread.

As OpenAI CEO, Sam Altman aptly puts it: “If this technology goes wrong, it can go quite wrong.” 

Sounds like we better just stick to using stone tools or maybe we’ll all go to Mars if this goes terribly wrong.

However, the question many people are asking is what are some examples of how bad AI can get? Skynet bad?

If AI were to go wrong to go very wrong. It would mean the end of the use of electricity. It would be the only real way to take it offline. It would be the end of every modern technological advancement.

And that is a scary thought. The possibility that an artificial intelligence system could become self-aware and turn against humanity, much like the fictional character Skynet from the Terminator franchise is indeed quite concerning.

This could result in catastrophic consequences for humans and the world as a whole. The possibility of such an event is a cause for concern among experts in the field of technology and artificial intelligence.

However, it is crucial to understand that we have the power to influence the effects and impact of AI during this exceptional moment in history.

The fear of something going wrong is accurate for all human endeavours. Whether it is technology, science, medicine, exploration, starting a business, etc. 

We have the capacity and can create shit that if it goes wrong — it does it in a big way. Take the pandemic for example — something clearly went wrong, and humanity paid the biggest price for it.

And so, I am tempted to ask, do we stop moving forward? Should we stop technological advancements or the quest to improve the world because it could go wrong?

Definitely not! This is the great AI dilemma. The potential consequences of AI going wrong raise important questions about ethics, regulations, and the responsibility we bear as stewards of this powerful technology.

When contemplating the risks of AI, one cannot help but imagine doomsday scenarios straight out of science fiction like iRobot or Terminator.

Balancing the Risks and Benefits of AI

In contemplating the risks versus benefits of AI, it is essential not to fall into a state of fear-induced stagnation. Throughout history, human progress has always carried risks, yet we have continually strived to improve the world. 

The ethical and philosophical questions posed by AI’s impact on society require multidisciplinary perspectives to address adequately.

It is imperative to engage diverse voices, including philosophers, social scientists, artists, and individuals from all domains of life and different industries.

It is important to highlight the geopolitical challenges and dangers that arise when transporting these technologies to certain countries. 

Recipient nations must take the necessary time to develop their policy methods and strategies for managing these technologies and their associated risks.

 This is because there are potential implications for national sovereignty, self-determination, and democracy.

AI presents immense potential for tackling global challenges such as climate change, poverty, and disease. However, the same technology also possesses the capacity for misuse, such as the creation of autonomous weapons or the spread of disinformation.

Thus, it falls upon us to decide how AI will be used and to act as responsible stewards of this transformative technology.

It is vital to ensure that AI benefits are distributed equitably, and the risks are managed effectively.

Regulating AI without Hindering its Potential

Sam Altman’s call for government regulations regarding AI is a crucial step towards ensuring accountability and minimizing risks.

While some may argue that we are opening Pandora’s Box without fully understanding its societal impact, it is important to recognize that progress often comes with uncertainty. However, regulating AI without hindering its potential can be a delicate balancing act. 

Concerns regarding cybersecurity and the use of AI by individuals with questionable intentions are legitimate. The misuse of AI technology can lead to significant harm, underscoring the need for stringent ethical guidelines and safeguards.

Striking a balance requires international collaboration, akin to existing regulations in fields such as nuclear energy, space exploration, and weaponry. 

Building on existing frameworks, international agreements can establish guidelines that govern the development, deployment, and usage of AI in a manner that promotes safety, accountability, and transparency.

Job Lose due to AI

Concerns about job displacement and societal impact are valid, but they are not new. Technological advancements have always reshaped workforces, and societies throughout history. 

The fear of losing jobs to technology has been a constant, but it has also been accompanied by new opportunities and transformations in the workforce. It is important to recognize that AI is a tool, and its capabilities are determined by how we choose to deploy it.

While many jobs are at risk of automation, AI’s impact on the workforce should not be viewed as an impending catastrophe. Instead, it presents an opportunity for individuals to redirect their skills and pursue endeavors that align with their passions and strengths. 

Even though it seems like there is nothing humans can innovate that AI cannot almost instantly replace. However, a human touch will always be needed.

This shift requires proactive measures such as upskilling and reskilling programs by companies as well as individuals to ensure a smooth transition. 

One of the concepts I highlighted in my book is that: “You cannot stop technological progress but you can influence its direction and impact in your life.”

By embracing the changing landscape, we can harness the potential of AI to enhance productivity and create new avenues for meaningful work.

Inequality and AI

The centralization of AI poses concerns about the wealth gap and access to technology. If AI remains confined to the hands of a few, it could exacerbate existing inequalities. 

We need to ensure that AI technology is accessible to everyone, regardless of their socioeconomic status. If the use of AI is centralized, then common folk are out of luck. 

If AI technology is not open to everyone it will continue to divide the wealth gap. The elite may utilize regulatory barriers to monopolize access to AI, similar to the internet, those with more money and access early excelled while those without it lagged behind.

And so, the lessons learned from the early days of the internet should guide us, promoting open access and avoiding the concentration of power in the hands of a privileged few. 

Affordable availability of AI tools and platforms is crucial to ensure universal access.

Governments and policymakers should play a crucial role in ensuring equitable distribution and preventing monopolistic practices that hinder innovation and widen the wealth gap.


In conclusion, the potential of AI is immense, and if things go wrong, the consequences can be significant. However, this should not lead us to abandon AI altogether. Instead, it should inspire us to embrace responsible usage and development. 

OpenAI CEO, Sam Altman is advocating that governments should set regulations with AI. I assert that it must go beyond government. Companies developing AI must also have a set of regulations that guides them.

Through regulations, ethical considerations, research, and public engagement, we can navigate the risks associated with AI and harness its transformative power for the betterment of society. 

The key lies in embracing a culture of responsibility, collaboration, and continuous learning as we shape the future of AI together.

It is essential to recognize that this unique moment in time grants us the agency to shape the impact of AI. This is a two-way process, where technology shapes us and we shape it.

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