Chapter 1703 Open the gate and release the water
Is artificial intelligence a Pandora's box?
Faced with the rise of intelligence, many people are worried and uneasy, which is no longer new. Moreover, humans, who even maintain doubts and defenses in their own race.
After all, people with feelings and prejudice will do evil, and computers that make judgments based on rational calculations will also seem to "do evil" and will do it easily.
This has made many people pessimistic about the development of artificial intelligence.
Of course, artificial intelligence is still in the theoretical and preliminary development stage, and people are still mainly speculating and worrying. However, one day, humans discovered that artificial intelligence is too "intelligent" and almost surpasses human understanding in some aspects.
Andy believes that human concerns about Ai will reach a new level.
And this time will not be too long. After all, the whole world is actively investing in the field of AI, and the field of artificial intelligence will inevitably usher in a big explosion.
However, this period of explosion is precisely due to the development of "machine learning".
Computer programs with strong computing power can automatically mine and analyze large amounts of data and learn various behavior patterns.
Input and output are no longer controlled by several variables given by humans, but allow the machine to analyze the characteristics on its own in a large amount of data and determine the variable weight...
If you explain it in simpler and straightforward language, such as deep learning, which involves the most popular field of artificial intelligence, is jokingly called "modern alchemy" by industry insiders in the entire field of artificial intelligence.
Enter various data to train intelligent programs, and we "refined" a bunch of things, and we don't know why they became such things...
The neural network that processes data is usually composed of dozens or hundreds of neurons, and then organized by several layers of logical structures. The operation process is very complex. The intelligent program sets the algorithms and weights for itself, and to be honest, why a certain decision is output? To be honest, humans as developers cannot fully understand.
Will humans trust a decision-making object that they are "uncomprehensible"?
The answer is yes.
When Andy decided to invest in and develop AI, he had reached a consensus with Edward, a technical master, and put some restrictions and constraints on it, although it was still several times apart from the Milky Way that high artificial intelligence was.
But since there are seeds of doubt and expectations of application results, then there must be constraints and be very cautious... This is human beings!
Artificial intelligence is not so much a thinking ability, but rather a machine’s reflection and understanding of existing data in the human world. Will machines inherit the existing prejudice, impermanence and greed that humans have?
This may be the biggest worry of mankind!
The so-called "intelligent mining" of user data by artificial intelligence is actually easy to roam on the edge of compliance but violates fairness and morality.
For example, the simplest example is that e-commerce can conduct targeted and precise price discrimination on a person based on a person's consumption habits and consumption capacity data accumulation, and after big data analysis and calculation.
If you buy the same product, users who use Ai Chuang mobile phones will likely pay more than users who use Android, for example, because they are analyzed by big data and tend to be price-insensitive people...
(Not a joke. If you are interested, you can try to find some e-commerce websites to change your phone.)
In short, in the eyes of artificial intelligence that aims at commercial interests, there is no concept of "people" or "users", everything is data that can be used.
With the assistance of big data and artificial intelligence, capital is maximized through monitoring and information extraction for everyone.
This is also the main reason why the entire artificial intelligence industry has ambiguous attitude towards all data collection and other things.
After all, as one of the hottest businesses in the future and fastest money, the profit cake involved is too big and too tempting.
What's more, as Andy believes, today's technology is still far from real artificial intelligence, and its impact on social ethics is even more slim. The so-called AI is just to free people from tedious and repetitive labor.
Afterwards, Andy took Ivana to the safety center, met Hergo, and learned about the operation and development progress of the Yundun.
At this time, Yundun had already begun to provide services to the outside world and began to make profits. In order to seize the market, Andy also moved the Tianchao method over and launched a free and simple download version with advertisements, and a paid personal and corporate version.
In addition to grabbing the market, the free version mainly shoulders the role of receipt data. After all, the development of Yundun cannot be separated from a large number of virus databases. These data seem nothing to me, but this is a very huge asset for enterprises.
At the end of the day, the happiest person is Ivana. As the hostess, she was accompanied by Andy and the most mysterious part of all the assets before she inspected her.
When the two were on a helicopter and back to the mansion, Andy received a call from his grandfather, Smith, who told Andy that the Federal Reserve was about to launch a series of major measures aimed at adjusting the focus of the policy.
While keeping the federal funds rate at its historical low, the zero-to-0.25% range remains unchanged, trillions of dollars are used to purchase Treasury bonds and mortgage-related bonds.
Among them, the purchase of mortgage bonds and institutional bonds totaled US$850 billion, and the purchase of long-term government bonds in the next six months was $300 billion to thaw the credit market, inject liquidity, and stimulate economic recovery.
According to the US Federal Reserve Act, during the economic crisis, the Federal Reserve has the power to issue unlimited currencies and issue loans to anyone without Congress’ approval.
The Federal Reserve's lending program has increased its assets from $900 billion to $1.8 trillion. This "big move" to stimulate the economy is definitely unprecedented and crazy.
"They are simply crazy!"
Although I had expected it, this scale of printing money also made Andy a little unable to complain.
"This is also impossible. At a time when the interest rate cut is about to be lost, the Federal Reserve can only give full play to the function of a "money printing machine" and inject liquidity into the market to stimulate economic recovery.
Job loss, shrinking stock and housing prices, tight credit are affecting consumer sentiment and spending, weak sales prospects and difficulty in obtaining credit funds, leading companies to cut inventory and fixed investments, and the economies of our trading partners are in recession, leading to a sharp drop in exports. These factors force the Fed to use all means to promote economic growth."
Hearing his grandfather’s explanation, Andy shook his head helplessly and sighed. To be honest, there is indeed no other good way. Perhaps only by opening the gate and releasing water can he pull the economy out of the downward vortex.
"Haha, at least this news will make the stock market rebound and rise more powerful..."
"Okay, as long as you know, there's nothing else to do, child, you can become the richest man in the world, grandpa is really happy and proud of you."
Andy smiled and hung up Old Smith's phone, and under Ivana's gaze, he called out again with his cell phone.
"Increase the amount of shorting the US dollar!"
The call from his grandfather, Smith, is undoubtedly to inform Andy of the news and make him prepare in advance. Andy's think tank has long been shorting the US dollar. Now that the news is confirmed, the amount will naturally be increased.
After notifying Alvetle and hung up the phone, Andy smiled and said to Ivana beside him: "Gold is about to surge!"
Ivana blinked her big eyes, raised her lips, and said with a sweet smile: "The printing machine is running at full speed and making US dollars quickly. Only gold can maintain its value! In this way, the recovery of real estate may not be too long."
Chapter completed!