Presented by CTIA: How the next wave of technology is upending the global economy and its power structures
Nov 22, 2024 View in browser
 
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By Derek Robertson

Presented by 

CTIA

Neil Chilson.

Neil Chilson.

Happy Friday, and welcome to this week’s edition of the Future in Five Questions. This week I spoke with Neil Chilson, head of AI policy at the Abundance Institute and former chief technologist for the Federal Trade Commission. Chilson recently wrote a blog post outlining the implications of this month’s election for artificial intelligence policy, and here he discusses why he thinks “artificial general intelligence” is overblown, why government-held assets can be a benefit to industry, and why he’s optimistic about the next four years. An edited and condensed version follows:

What’s one underrated big idea?

Be a data pack rat. Keep everything. Use tools that collect data about you and make your day-to-day legible to the future you. Turn on location history, never clear your browser history, back up the past when you swap in new devices. We’re very close to that data being useful to the average person. I think people who spent so much time erasing their digital trails in order to hide from others are going to realize in the future that they were also erasing their past from themselves. It’ll be looked at like self-inflicted digital Alzheimer's.

What’s a technology that you think is overhyped?

Artificial general intelligence is overhyped. Not only is the timeline uncertain, it’s also not that useful to have human-style general intelligence. The history of economic growth is a history of specialization of labor. Any general intelligence is going to be deployed to its highest value use. So why work so hard to create a general intelligence only to then have it do hyper-specialized jobs? It’s a much straighter, more economical path to just create deep and narrow tools that apply knowledge in specific domains.

What book most shaped your conception of the future?

I don’t have a strong conception of the future except that technology will affect the boundaries of the fractal in- and out-groups that make up human society. This has big implications for institutions at all levels, from nation-states, to firms, to the family unit. Some borders will become more definite, some will blur; some groups will expand in size, some will contract; some will disappear. I suppose this vision is an outgrowth of my lifelong interest in complex adaptive systems, which was spurred by reading Douglas Hofstadter’s “Metamagical Themas” as a tween. I think this tech-driven dynamic evolution of community at all scales is also reflected well in many of Neal Stephenson’s books, especially “The Diamond Age” and “Anathem.”

What could the government be doing regarding technology that it isn’t?

The government holds important assets that would generate enormous value for our nation in the private sector. This includes government held spectrum, yes, but also things like enormous data sets of many kinds. The government should be looking for more opportunities like GPS: services and assets that could trigger enormous innovation if available to entrepreneurs and founders.

What has surprised you the most this year?

I think my biggest surprise this year was how undecided I was walking into the voting booth on Nov. 5. And the second biggest surprise was how calm I felt walking out. I’m not a big fan of voting, I think it’s hugely overrated as a way to improve society. But it is a useful provocation for self-examination: what are my own visions and fears about the future? It turns out I’m much more afraid of a future where the U.S. continues to fearfully wrap itself in red tape and carefully policed narratives than I am of a future where ambitious ideas, including really bad ones, are debated loudly.

 

A message from CTIA:

5G drives America’s economic competitiveness by supporting job creation, powering economic growth, and fostering innovation across industries. And now it’s America’s fastest growing home broadband service—bringing real competition to cable and meaningful choice for consumers. To meet exploding 5G demand, fuel continued innovation, and secure reliable wireless broadband for all, America needs more 5G spectrum. Learn more at CTIA.org.

 
crypto on the clock

A key Senate Republican says it’s a little late for a crypto legislation push by Senate Agriculture Chair Debbie Stabenow (D-Mich.).

POLITICO’s Eleanor Mueller reported on the developments at Agriculture for Pro subscribers, as Stabenow hopes to expand the Commodity Futures Trading Commission’s authority to regulate crypto while Democrats still have control of the Senate. Sen. John Boozman (R-Ark.), the committee’s top Republican, says the chamber will likely be tied up with other priorities.

It “seems a little bit late,” said Boozman, who was echoed by a GOP aide who told Eleanor simply, “It’s too late.” Stabenow circulated a revised draft of her legislation Wednesday meant to allay some of Boozman’s concerns about language that could have affected the role of the Securities and Exchange Commission.

Sen. Cynthia Lummis (R-Wyo.), a leader on crypto in the Senate, said she’d "love to see a major issue put to bed that I’ve been working on for a long time," but "it depends on what this deal looks like.”

 

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A message from CTIA:

5G is the fastest growing generation of wireless and Americans all over the country are using it to create the future and enhance America’s economic competitiveness. 5G is connecting kids to learning opportunities, fighting wildfires, making farms more sustainable, manufacturing smart, healthcare more accessible, driverless cars a reality, and bringing much needed competition and choice to home broadband. Thanks to these innovations, in the past two years demand for 5G data nearly doubled with experts projecting it will triple by 2027. But while demand continues to grow, the supply of spectrum to meet that demand stayed flat. Studies show we will need more than 400 MHz in the next three years to secure reliable 5G for all. To expand access, drive innovation, grow our economy and create jobs, America needs more 5G spectrum. Learn more at CTIA.org.

 
 

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