posted: 07-Dec-2024 & updated: 07-Dec-2024

Technology, Growth, and Inequality: The Case of AI

Blessings & Curses

Blessings

  • More accurate weather prediction
  • Effective Healthcare
  • Improve education
  • Assistance in research
  • Resource Optimization
  • Improve efficiency and automation
  • Perform repetitive tasks
  • Smart Decision Making
  • Bridging Language Divides
  • Creating Art
  • Improved Human Workflows

Curses

  • Hallucination
  • Jailbreak
  • Fairness
  • Toxicity
  • Curb against Discrimination
  • Access to digital technology
  • Economic Disparity
  • Financial Sustainability (exponential rise in development cost)
  • Environment Issues/ Carbon dioxide
  • Job Displacement
  • Technology Gap (Local and Global)

Solution Strategies

Solution 1 - Curb Against Discrimination, Access to Technology, Reduce Technological Gap

  • Offer Specialized Technical Guidance
  • Provide platform to check Fairness and Bias in AI algorithms
  • Provide useful tutorial video links on AI, Machine Learning & Deep Learning
  • Provide links to helpful AI software / datasets

Solution 2 - Gamified Education

  • Educational toolkits to promote AI fairness and digital ethics
  • Game-based learning solutions targeting students, artists, researchers, engineers, policymakers …
  • Application: formal & informal education, training settings

Solution 3 - Capacity Building

  • Social development training courses for AI researchers, designers & developers
  • AI technology training course for policy makers & practitioners
    • should understand the nature and underlying mechanism of technology, societal & economical benefits & risks based on the understanding,

Solution 4 - Participatory Social Agreement

  • Terms on open data frameworks including data sovereignty, regulation of data transfer, storage, and localization
  • Terms on corporate social responsibility, extra-territorial obligations, and environmental protection (including outside the jurisdiction of the country)
  • Terms on labour and employment displacements, tax cuts, and algorithmic impact assessments (including remedies for AI harms and enforcements)

Long-term Action Items owned by KFAS-Salzburg Global Leadership Initiative Fellows

  • We will produce, publish & disseminate academic research
  • We will impact policymakers by engaging in policy advising
  • We will communicate via our website where we will
    • keep track of the action items we have identified and developed
    • encourage other KFAS-Salzburg Global Leadership Initiative Fellows to join us and work with us
    • make actual real-world influence and impacts, e.g., both public & private sectors - governments, states, law makers, policy makers, tech companies, …

Acknowledgement

We extend our gratitude to all members for their active participation in the insightful discussions and debates surrounding “Technology, Growth, and Inequality - the case of AI.” Your diverse perspectives and innovative solutions have greatly enriched our understanding of this complex topic. A special thanks to Professor Hyeok Jeong for expertly guiding and catalyzing our discourse.