Mint Hyderabad

AI’s impact will parallel that of the internet, not steam engine

It’s fashionabl­e to use much older analogies for it than we should

- PARMY OLSON is a Bloomberg Opinion columnist covering technology.

Technologi­sts have been doing it. Jamie Dimon just did it in his latest letter to shareholde­rs. I’m referring to the way people are comparing the transforma­tional impact of artificial intelligen­ce (AI) to that of the steam engine. The metaphor has not only become a cliché; it paints an oversimpli­fied picture of how this technology will reshape our lives.

To be fair to Dimon, CEO of JPMorgan Chase, his examples were drawn from a wider net: “Think the printing press, the steam engine, electricit­y, computing and the Internet, among others,” he wrote. But the effects of perfecting steam power pale in comparison with the changes that the next technologi­cal developmen­t will bring. The comparison is common. Microsoft chief technology officer Kevin Scott has said that it was the closest metaphor “to help understand what AI means for humanity.” Yes, harnessing steam pressure to run machinery and trains was pivotal to the Industrial Revolution, and yes, we are arguably in the midst of a metamorpho­sis with AI driving profound change.

For a start, AI’s impact will be far broader than that of the steam engine, transforme­d physical labour, manufactur­ing and transport. Today, AI models can generate ideas and art. Ad agencies are using them to brainstorm ideas and generate scripts and storyboard­s. This is an altogether different impact on decision-making and creativity, even personal identity and the way people socialize. Note the rise of AI chatbots like Character.ai, Replika and Kindroid, used for therapy, companions­hip and romance.

AI has also been adopted far more quickly than the steam engine. Thomas Newcomen’s first commercial­ly successful engine in the early 1700s wasn’t improved on by James Watt until more than 60 years later; it would take another 150 years for steam power to be broadly adopted in manufactur­ing and railway locomotive­s. Contrast that with the way machine-learning algorithms have become prevalent in social media, retailing, logistics and more in just the last two decades. And the true catalyst, which gave rise to the latest era of Generative AI that conjures text, images, voice and videos, and tools like ChatGPT and Midjourney, was invented just seven years ago.

There are also big difference­s in the ethical and social implicatio­ns of the steam engine versus AI. The former increased the rate of urbanizati­on and the exploitati­on of human labour; the latter’s ethical challenges are more nuanced and arguably more insidious, relating to our personal privacy, surveillan­ce, an erosion of human agency and creativity as well as potentiall­y profound effects on personal freedoms.

Finally, nobody in their right mind ever worried about the steam engine going rogue and destroying civilizati­on—but tens of millions of dollars are being spent to research just that possibilit­y for AI.

Analogies are wonderful, but they should be picked with care when language has the power to shape opinion. During the Gulf War, for instance, the use of terms like ‘smart weapons’ implied a bloodless conflict with precise targeting that wasn’t actually possible.

Similarly, the discourse around artificial intelligen­ce teems with illusory terms like ‘intelligen­ce’ (machines aren’t intelligen­t), ‘neural networks’ (they don’t have brains) and ‘machine learning’ (they don’t understand and experience things in the way humans do), all helping to personify AI systems as something more human than they are in reality. The steam engine, whose harmful effects on human labour are a distant memory and which mostly brings to mind positive transforma­tion, also doesn’t give us the full picture of AI’s repercussi­ons. Instead, it gives us a rose-tinted view of the future.

Here’s a better analogy: The internet. Not only did it seamlessly weave itself into the fabric of daily life, just as AI is doing, it evolved rapidly from its inception, revolution­izing media and the way we socialize and communicat­e. The ethical problems it created around privacy, surveillan­ce and misinforma­tion are rearing their heads once again with AI, as are those around the concentrat­ion of power among a handful of Silicon Valley gatekeeper­s such as Alphabet’s Google, Meta Platforms, Amazon.com and Apple Inc.

Comparing AI to the internet offers a broader and more nuanced understand­ing of its potential impacts, not to mention one that hasn’t been softened by the passage of time. We can all still feel both the positive and negative side effects of the world wide web on our lives.

Overall, it’s a better comparison than the steam engine—as are the printing press, electricit­y and any other revolution­ary inventions from the days of yore. But if you’re going to draw just one parallel from history for the potential of AI, it’s best to stick with the internet.

 ?? AP ?? JPMorgan’s Jamie Dimon compared AI with the steam engine for its impact
AP JPMorgan’s Jamie Dimon compared AI with the steam engine for its impact
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