Capitalism like Artificial Intelligence, has no morals nor ethics

[rapbeats]

Capitalism like Artificial Intelligence, has no morals or ethics. Therefore, you better put people in charge of both that do.

...But Smith does not hold that markets always set the best price. He believes that producers tend to band together in order to control prices and eliminate competition, and that historically most of their activity—apprenticeships, guilds, tariffs—has been designed to help them do this. The urge to fair dealing that makes markets happen is always met by the urge to unfair dealing that distorts them. Sociability quickly becomes selfishness if the small society you inhabit shares only your interests. The laissez-faire economy, truly left alone, becomes a conspiracy of producers against consumers, of sellers against buyers. The interest of manufacturers and merchants, Smith maintained,....

Gopnik, Adam. "Market Man". The New Yorker (18 October 2010): 82. Market Man.

Ethics and Artificial Intelligence: The Moral Compass of a Machine

In 2016, Microsoft released a chatbot designed to interact with people over Twitter. Enabled with an AI routine that analyzed speech, the bot was supposed to show how machines could mimic human communication. Unfortunately, Microsoft had to remove the bot when it began tweeting racist and sexist comments; its AI engine was flooded with hate speech from pranksters and other bad actors online. Now the AI routine itself was certainly not sexist or racist, it was merely imitating speech based on the data it received. I’m sure this incident led to a lot of jokes about how AI-enabled machines will become evil geniuses bent on subjugating humanity. But I think what it really proves is that the real threat in our current generation of AI isn’t AI, it’s ourselves.

Take AI-powered visions systems, for example. Recent research revealed that a popular facial recognition software platform had “much higher error rates in classifying the gender of darker-skinned women than for lighter-skinned men.” Is the AI racist? No, but it does replicate the institutional biases inherent in society. In this case, the training models used to instruct the AI algorithm to identify faces were comprised mostly of white male faces. Accordingly, the algorithm performed better identifying the faces with which it had more experience. Now imagine law enforcement using this AI-enabled vision technology to scan crowds in busy public spaces for the face of a wanted criminal. If that criminal were a person of color, the chances of the AI incorrectly identifying an innocent person of color as the criminal would be higher than it would for a white criminal.

 

[Adeptus Astartes]

Adam Smith knew this much, it's why he said that Capitalism can only work with a moral people. In his mind, this morality was provided by religion.

 

[DEAD7]

Adam Smith knew this much, it's why he said that Capitalism can only work with a moral people. In his mind, this morality was provided by religion.

The more secular we've become the worst things have gotten... Thats a thought.

 

[DEAD7]

Op is spot on, our economic and social conditions are a reflection/result of those in power.

 

[Adeptus Astartes]

The more secular we've become the worst things have gotten...

Really? Examples? Some of the worst atrocities have been committed by religious people. There are also very advanced, peaceful nations that are largely secular, such as the nordic countries and Japan.
Also, life expectancy has risen, and violent crime, and extreme poverty have all gone down significantly across the globe.

 

[DEAD7]

Really? Examples? Some of the worst atrocities have been committed by religious people. There are also very advanced, peaceful nations that are largely secular, such as the nordic countries and Japan.
Also, life expectancy, violent crime, and extreme poverty have all gone down significantly.

I was referring to our economy specifically, and the idea that religion may have helped provide a moral compass at one point.

 

[CopiousX]

The more secular we've become the worst things have gotten... Thats a thought.

Has it tho? The more secular we become the better our technology gets and more our life +economy improves. Hell, religious institutions were actively banning research in various fields ranging from physiology to astronomy to psychology to genetics for most of human history and actively hampered life for humans.






For example, at the dawn of the 80s when physicians were developing the first ever liver transplants in Pensylvania, it was numerous religious interests from baptists to catholics lobbying and protesting against it, on some "man wasnt meant to do this" or voluntary "humans shouldnt be test subjects" nonsense. If american institutions were less secular at the time then those religious institutions wouldve negated millions of life saving procedures since the 80s.

From an economic standpoint, its many of those same religious institutions that opposed mrna vaccine measures on some "mark of beast" or "fetal cells in research" nonesense. Keep in mind those same advancements are now being used in other areas ranging from HIV mrna vaccines to anti-Malaria mrna vaccines. These are advancements that create new and socially beneficial industries from scratch.





Even if you wished to view things from a moral lens, then American church attendance has been trending downwards since the 70s, and ironically so have literally all crime stats ranging from rape, to murder, to theft, etc.


Obvious exception to my last point for the last 2yrs cause of covid tho. Outlier

Op is spot on, our economic and social conditions are a reflection/result of those in power.

I agree on this point. Our European counterparts have far more egalitarian leaders and experience a capalism that benefits their populous instead of milking them.

 

[Ezra]

The more secular we've become the worst things have gotten... Thats a thought.

I reject the premise that morality exclusively comes from religion.

I submit it comes from a sense of community and a certain obligation to your fellow neighbor/countryman.

Ever since we've started pushing that rugged individualism ethos that popped up with the rise of prosperity gospel and Ayn Randian Libertarian economics, we've lost that moral compass that Smith believed was needed for Capitalism to function

 

[DEAD7]

I reject the premise that morality exclusively comes from religion.

I submit it comes from a sense of community and a certain obligation to your fellow neighbor/countryman.

Ever since we've started pushing that rugged individualism ethos that popped up with the rise of prosperity gospel and Ayn Randian Libertarian economics, we've lost that moral compass that Smith believed was needed for Capitalism to function

I think religion proved to be the most effective mechanism by which to instill morality into a society…
Is it the only source of morality? no. But I don’t think anyone would argue that it is.




As for capitalism, it’s functioning fine.
It’s the human condition that is

 

[Godless Socialist CEO]

I think religion proved to be the most effective mechanism by which to instill morality into a society…
It’s the only source of morality, no. But I don’t think anyone would argue that it is.




As for capitalism, it’s functioning fine.
It’s the human condition that is

The most religious people in our society are the ones doing the worst things. The idea that atheism is the issue is ridiculous. I mean shyt look at the percentage of people in prison that are religious. Look at the percentage of people that are conservatives in this country and subscribe to the idea that black people should be oppressed. Anyone who says lack of religion is the issue is ignoring the facts here. Not to mention the country was 100% worse when most people were religious. The fukking KKK revival was started by white southern churches. It’s a lie to say things got worse as we got less religious

Anyone who thinks American Christianity is a positive in this country is insane. And Christianity has been a net negative for the black community in the modern day

 

[DEAD7]

The most religious people in our society are the ones doing the worst things. The idea that atheism is the issue is ridiculous. I mean shyt look at the percentage of people in prison that are religious. Look at the percentage of people that are conservatives in this country and subscribe to the idea that black people should be oppressed. Anyone who says lack of religion is the issue is ignoring the facts here. Not to mention the country was 100% worse when most people were religious. The fukking KKK revival was started by white southern churches. It’s a lie to say things got worse as we got less religious

Anyone who thinks American Christianity is a positive in this country is insane. And Christianity has been a net negative for the black community in the modern day

 

[Godless Socialist CEO]

Fwiw I actually support peoples right to be religious and gathering for worship etc, but I think America has a b*stardized version of Christianity that’s much closer to what middle eastern terrorists believe in rather than Christians on a global scale.

there a massive difference between Christianity in South America than here in the states

 

[Shogun]

There are also very advanced, peaceful nations that are largely secular, such as the nordic countries and Japan.

this forum, man...

 

[Adeptus Astartes]

this forum, man...

What's this supposed to mean?

 

[mastermind]