Jack Clark: belief

Transcript context

…Here’s a worry I have. My former colleague, Vernon Smith, once wrote a paper on this. He argued that, as you approach six competitors or more, a sector essentially behaves like perfect competition, even if it’s not exactly perfectly competitive. If that’s the case, how is it that AI, or indeed, any other companies, can behave ethically above and beyond what they need to do to stay in the market and earn profit? What room is there to be better than the next company? I think right now, it’s like we’re car companies, and we are mostly selling cars to teenagers who say, “How fast is it? And can I get it in red?” We’re beginning to find customers that are businesses that operate fleets of cars and say, “What seat belts does it have? What is your accident rate? What are all of these other properties?” The teenager has never asked us about, but these businesses do because it ties to their business model, or to liability, or to other things. I think, therefore, there are technologies to be built that look like the safety equivalents that we have in cars or other things, which will change the logic of competition. We’re in competition right now. That competition will change as we unlock different markets that have different properties that they need to be present in the AI system. Those properties will often ladder up to certain types of safety technology. So, the price of insurance is carrying the mechanism, so to speak?…

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