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Tech billionaires seem to be doom prepping. Should we be worried?

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Tech billionaires seem to be doom prepping. Should we be worried?


Zoe Kleinman profile imageZoe KleinmanTechnology editor

BBC A treated dual image - the top is of an underground room, while the below image is of Mark ZuckerbergBBC

Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014.

It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were banned from talking about it by non-disclosure agreements, according to a report by Wired magazine.

A six-foot wall blocked the project from view of a nearby road.

Asked last year if he was creating a doomsday bunker, the Facebook founder gave a flat “no”. The underground space spanning some 5,000 square feet is, he explained, “just like a little shelter, it’s like a basement”.

That hasn’t stopped the speculation – likewise about his decision to buy 11 properties in the Crescent Park neighbourhood of Palo Alto in California, apparently adding a 7,000 square feet underground space beneath.

Bloomberg via Getty Images Large gate and green bushes with a house in shadows in the backgroundBloomberg via Getty Images

Zuckerberg spent a reported $110m on properties in a neighbourhood in Palo Alto

Though his building permits refer to basements, according to the New York Times, some of his neighbours call it a bunker. Or a billionaire’s bat cave.

Then there is the speculation around other tech leaders, some of whom appear to have been busy buying up chunks of land with underground spaces, ripe for conversion into multi-million pound luxury bunkers.

Reid Hoffman, the co-founder of LinkedIn, has talked about “apocalypse insurance”. This is something about half of the super-wealthy have, he has previously claimed, with New Zealand a popular destination for homes.

So, could they really be preparing for war, the effects of climate change, or some other catastrophic event the rest of us have yet to know about?

Getty Images News Sam Altman talking by an Open AI signGetty Images News

Sam Altman once speculated about joining Peter Thiel at a remote property in New Zealand in the event of a global disaster

In the last few years, the advancement of artificial intelligence (AI) has only added to that list of potential existential woes. Many are deeply worried at the sheer speed of the progression.

Ilya Sutskever, chief scientist and a co-founder of Open AI, is reported to be one of them.

By mid-2023, the San Francisco-based firm had released ChatGPT – the chatbot now used by hundreds of millions of people across the world – and they were working fast on updates.

But by that summer, Mr Sutskever was becoming increasingly convinced that computer scientists were on the brink of developing artificial general intelligence (AGI) – the point at which machines match human intelligence – according to a book by journalist Karen Hao.

In a meeting, Mr Sutskever suggested to colleagues that they should dig an underground shelter for the company’s top scientists before such a powerful technology was released on the world, Ms Hao reports.

AFP via Getty Images Ilya Sutskever with a microphone
AFP via Getty Images

“We’re definitely going to build a bunker before we release AGI,” Ilya Sutskever is reported to have said

“We’re definitely going to build a bunker before we release AGI,” he’s widely reported to have said, though it’s unclear who he meant by “we”.

It sheds light on a strange fact: many leading computer scientists and tech leaders, some of whom are working hard to develop a hugely intelligent form of AI, also seem deeply afraid of what it could one day do.

So when exactly – if ever – will AGI arrive? And could it really prove transformational enough to make ordinary people afraid?

An arrival ‘sooner than we think’

Tech leaders have claimed that AGI is imminent. OpenAI boss Sam Altman said in December 2024 that it will come “sooner than most people in the world think”.

Sir Demis Hassabis, the co-founder of DeepMind, has predicted in the next five to ten years, while Anthropic founder Dario Amodei wrote last year that his preferred term – “powerful AI” – could be with us as early as 2026.

Others are dubious. “They move the goalposts all the time,” says Dame Wendy Hall, professor of computer science at Southampton University. “It depends who you talk to.” We are on the phone but I can almost hear the eye-roll.

“The scientific community says AI technology is amazing,” she adds, “but it’s nowhere near human intelligence.”

There would need to be a number of “fundamental breakthroughs” first, agrees Babak Hodjat, chief technology officer of the tech firm Cognizant.

What’s more, it’s unlikely to arrive as a single moment. Rather, AI is a rapidly advancing technology, it’s on a journey and there are many companies around the world racing to develop their own versions of it.

But one reason the idea excites some in Silicon Valley is that it’s thought to be a pre-cursor to something even more advanced: ASI, or artificial super intelligence – tech that surpasses human intelligence.

It was back in 1958 that the concept of “the singularity” was attributed posthumously to Hungarian-born mathematician John von Neumann. It refers to the moment when computer intelligence advances beyond human understanding.

Getty Images Black and white image of John von Neumann wearing a suit and sitting at a tableGetty Images

John von Neumann is credited with one of the earliest mentions of the singularity concept, long before it had a name – he was a physicist, mathematician, economist and computer scientist

More recently, the 2024 book Genesis, written by Eric Schmidt, Craig Mundy and the late Henry Kissinger, explores the idea of a super-powerful technology that becomes so efficient at decision-making and leadership we end up handing control to it completely.

It’s a matter of when, not if, they argue.

Money for all, without needing a job?

Those in favour of AGI and ASI are almost evangelical about its benefits. It will find new cures for deadly diseases, solve climate change and invent an inexhaustible supply of clean energy, they argue.

Elon Musk has even claimed that super-intelligent AI could usher in an era of “universal high income”.

He recently endorsed the idea that AI will become so cheap and widespread that virtually anyone will want their “own personal R2-D2 and C-3PO” (referencing the droids from Star Wars).

“Everyone will have the best medical care, food, home transport and everything else. Sustainable abundance,” he enthused.

There is a scary side, of course. Could the tech be hijacked by terrorists and used as an enormous weapon, or what if it decides for itself that humanity is the cause of the world’s problems and destroys us?

AFP via Getty Images BB8, C-3PO and R2-D2 appear on the red carpet at the European film premiere of Star Wars: The Rise of Skywalker 
AFP via Getty Images

Elon Musk has endorsed the idea everyone will want their own R2-D2 and C-3PO

“If it’s smarter than you, then we have to keep it contained,” warned Tim Berners Lee, creator of the World Wide Web, talking to the BBC earlier this month.

“We have to be able to switch it off.”

Governments are taking some protective steps. In the US, where many leading AI companies are based, President Biden passed an executive order in 2023 that required some firms to share safety test results with the federal government – though President Trump has since revoked some of the order, calling it a “barrier” to innovation.

Meanwhile in the UK, the AI Safety Institute – a government-funded research body – was set up two years ago to better understand the risks posed by advanced AI.

And then there are those super-rich with their own apocalypse insurance plans.

Getty Images Elon Musk looking away from the cameraGetty Images

“Everyone will have the best medical care, food, home transport and everything else. Sustainable abundance,” billionaire Musk once enthused

“Saying you’re ‘buying a house in New Zealand’ is kind of a wink, wink, say no more,” Reid Hoffman previously said. The same presumably goes for bunkers.

But there’s a distinctly human flaw.

I once met a former bodyguard of one billionaire with his own “bunker”, who told me his security team’s first priority, if this really did happen, would be to eliminate said boss and get in the bunker themselves. And he didn’t seem to be joking.

Is it all alarmist nonsense?

Neil Lawrence is a professor of machine learning at Cambridge University. To him, this whole debate in itself is nonsense.

“The notion of Artificial General Intelligence is as absurd as the notion of an ‘Artificial General Vehicle’,” he argues.

“The right vehicle is dependent on the context. I used an Airbus A350 to fly to Kenya, I use a car to get to the university each day, I walk to the cafeteria… There’s no vehicle that could ever do all of this.”

For him, talk about AGI is a distraction.

“The technology we have [already] built allows, for the first time, normal people to directly talk to a machine and potentially have it do what they intend. That is absolutely extraordinary… and utterly transformational.

“The big worry is that we’re so drawn in to big tech’s narratives about AGI that we’re missing the ways in which we need to make things better for people.”

Getty Images Priscilla Chan and Mark Zuckerberg dressed smartlyGetty Images

Mark Zuckerberg, pictured with his wife Priscilla, has said that the underground space at his Hawaii compound is “just like a little shelter”

Current AI tools are trained on mountains of data and are good at spotting patterns: whether tumour signs in scans or the word most likely to come after another in a particular sequence. But they do not “feel”, however convincing their responses may appear.

“There are some ‘cheaty’ ways to make a Large Language Model (the foundation of AI chatbots) act as if it has memory and learns, but these are unsatisfying and quite inferior to humans,” says Mr Hodjat.

Vince Lynch, CEO of the California-based IV.AI, is also wary of overblown declarations about AGI.

“It’s great marketing,” he says “If you are the company that’s building the smartest thing that’s ever existed, people are going to want to give you money.”

He adds, “It’s not a two-years-away thing. It requires so much compute, so much human creativity, so much trial and error.”

Getty Images A still from the film 2001: A Space Odyssey, showing an astronaut walking along a corridorGetty Images

Films like 2001: A Space Odyssey have warned about the dangers of sentient computers

Asked whether he believes AGI will ever materialise, there’s a long pause.

“I really don’t know.”

Intelligence without consciousness

In some ways, AI has already taken the edge over human brains. A generative AI tool can be an expert in medieval history one minute and solve complex mathematical equations the next.

Some tech companies say they don’t always know why their products respond the way they do. Meta says there are some signs of its AI systems improving themselves.

Ultimately, though, no matter how intelligent machines become, biologically the human brain still wins. It has about 86 billion neurons and 600 trillion synapses, many more than the artificial equivalents.

A brain scan

Researchers are studying the brain in attempts to better understand consciousness

The brain doesn’t need to pause between interactions either, and it is constantly adapting to new information.

“If you tell a human that life has been found on an exoplanet, they will immediately learn that, and it will affect their world view going forward. For an LLM [Large Language Model], they will only know that as long as you keep repeating this to them as a fact,” says Mr Hodjat.

“LLMs also do not have meta-cognition, which means they don’t quite know what they know. Humans seem to have an introspective capacity, sometimes referred to as consciousness, that allows them to know what they know.”

It is a fundamental part of human intelligence – and one that is yet to be replicated in a lab.

Top picture credits: The Washington Post via Getty Images/ Getty Images MASTER. Lead image shows Mark Zuckerberg and a stock image of a bunker in an unknown location

BBC InDepth is the home on the website and app for the best analysis, with fresh perspectives that challenge assumptions and deep reporting on the biggest issues of the day. And we showcase thought-provoking content from across BBC Sounds and iPlayer too. You can sign up for notifications that will alert you when a BBC InDepth story is published – find out how to sign up here.



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Rachel Reeves should avoid ‘half-baked’ tax fixes in Budget, says IFS

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Rachel Reeves should avoid ‘half-baked’ tax fixes in Budget, says IFS


Chancellor Rachel Reeves should avoid “directionless tinkering and half-baked fixes” when trying to boost the government’s tax take in next month’s Budget, a leading think tank has said.

Taxes are widely expected to go up in the Budget, with pressure on the chancellor to raise money in order to meet her self-imposed rules for government finances.

However, the Institute for Fiscal Studies (IFS) – regarded as one of the UK’s most influential economic voices – has said some tax rises could be “especially economically harmful”.

The Treasury said the chancellor had been clear the Budget would strike the right balance between funding public services, while also encouraging growth and investment.

Some analysts have estimated that Reeves will have to raise tens of billions of pounds through either increasing taxes or cutting spending in order to meet her rules which she has described as “non-negotiable”.

The two main rules are:

  • Not to borrow to fund day-to-day public spending by the end of this parliament
  • To get government debt falling as a share of national income by the end of this parliament

Before the 2024 general election, Labour promised not to increase income tax, National Insurance or VAT for working people.

The IFS said it would be possible for the chancellor to raise tens of billions of pounds a year more in revenue without breaking these manifesto promises, but this would not be straightforward.

Its director Helen Miller told BBC’s Radio 4’s Today programme: “The politics is important and we’re going to hear lots and lots about whether Rachel Reeves can raise the money she wants without breaking one of her manifesto pledges – and that’s worth thinking about – but the economics is important too.”

The IFS said there are “serious constraints” on the next four biggest taxes – corporation tax, council tax, business rates and fuel duties – while “some other tax-raising options would be especially economically harmful”.

The IFS’s comments came in an extract from its annual Green Budget, which analyses the challenges facing the chancellor.

In it, the think tank urged wider reform to the tax system which would align “overall tax rates across different forms of income”, something it says would be “fairer and more growth friendly”.

“There is an opportunity to be bold and take steps towards a system that does less to impede growth and works better for us all,” said Ms Miller who is one of the authors of the report.

It suggests reforms to property tax and capital gains tax as “good places to start”.

Speaking to the Today programme Ms Miller said that stamp duty is an “absolutely awful tax” and said council tax, which is based on 1991 property valuations, is “ludicrously out of date” and “regressive”.

“Make it a tax based on up-to-date property values, make it proportional, and raise revenue from that rather than the current council tax and stamp duty,” she added.

The report goes on to look at a number of trade-offs the government could make in an effort to bring in more income.

It warns against a wealth tax – which it said would face “huge practical challenges”, potentially penalising savings and encouraging wealthier people to leave the country.

“If the chancellor wants to raise more from the better-off, a better approach would be to fix existing wealth-related taxes, including capital gains tax,” it noted.

It says property taxation is “an area in desperate need of reform”. It calls for a reformed council tax based on current property values, rather than the current system that “ludicrously” uses values from 1991.

Extending the current freeze on income tax thresholds, which is due to end in 2028, could raise “a significant amount”. Speaking to the BBC in September, Rachel Reeves did not rule this out.

The IFS noted that restricting income tax relief for pension contributions could potentially raise a large sum – but should be avoided as it would be “unfair and distortionary”.

It said there were “better options” for increasing tax on pensions, such as reforming the tax-free element.

A Treasury spokesperson said: “The chancellor has been clear that at Budget she will strike the right balance between making sure that we have enough money to fund our public services, whilst also ensuring that we can bring growth and investment to businesses.”



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ICAI in talks to provide data for sovereign AI – The Times of India

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ICAI in talks to provide data for sovereign AI – The Times of India







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Paraguay – the Silicon Valley of South America?

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Paraguay – the Silicon Valley of South America?


Jane ChambersBusiness reporter, Asunción, Paraguay

Gabriela Cibils Paraguayan tech boss Gabriela Cibils smiles at the cameraGabriela Cibils

Gabriela Cibils wants to help Paraguay attract big tech from the US and elsewhere

Gabriela Cibils is on a mission – to help turn Paraguay into the Silicon Valley of South America.

When she was growing up in the landlocked country, nestled between Brazil and Argentina, she says the nation “wasn’t super tech focused”.

But it was different for Ms Cibils, as her parents worked in the technology sector. And she was inspired to study in the US, where she got a degree in computing and neuroscience from the University of California, Berkeley.

After graduating she spent eight years working in Silicon Valley, near San Francisco, with roles at various American start-ups.

But rather than staying permanently in the US, a few years ago she decided to return home to Paraguay. She’s now helping to lead efforts to build a large and successful tech sector that puts the country of seven million people on the world map – and attract some of the globe’s tech giants.

AFP via Getty Images Water gushing out of the giant Itaipu Dam on the Paraná River between Paraguay and BrazilAFP via Getty Images

The giant Itaipu Dam produces 90% of Paraguay’s electricity needs

“I saw first hand the impact that technology can have on your life,” says Ms Cibils. “After being exposed to such a different world [in Silicon Valley], it’s my responsibility to bring that mindset back and combine it with the talent I see in Paraguay.”

She is now a partner at global technology and investment firm Cibersons, whose headquarters is in Paraguay’s capital Asunción.

While most countries would love to build a world-class tech sector, Paraguay has a distinct advantage in one regard – an abundance of cheap, green electricity.

This is thanks to 100% of its generation now coming from hydroelectric power.

This is centred on the giant Itaipu Dam on the Paraná River, which forms part of the border between Paraguay and Brazil. This huge hydroelectric power station, the largest in the world outside of China, supplies 90% of Paraguay’s electricity needs, and 10% of Brazil’s.

In fact, such is Paraguay’s surplus of electricity that its electricity prices are the lowest in South America.

And it is the world’s largest exporter of clean energy.

The Paraguayan government hopes that the country’s abundance of cheap, green electricity will attract global tech firms increasingly focused on the massive energy demands of AI computing.

“If you want to install any technology investment like AI data centres, keep in mind hydroelectric power is both renewable and steady,” says Paraguayan software development entrepreneur Sebastian Ortiz-Chamorro.

“Compared to other renewable energy sources like wind or solar, that have their ups and downs, it’s much more attractive for creating data centres or any other electro intensive activity that requires a steady electricity source.”

He adds that in addition to Itaipu, and Paraguay’s other large state-owned hydroelectric plant, the Yacyretá Dam, private companies can easily build their own smaller facilities.

A map showing the location of Paraguay's two main hydroelectric dams

On a visit to California last year Paraguay’s President Santiago Peña spoke with companies like Google and OpenAI to encourage them to invest in Paraguay. It remains to be seen if such industry giants open large operations in the country.

Minister of Technology and Communication Gustavo Villate is working closely with the president on the continuing efforts.

“We have the youngest population. We have a lot of renewable green energy. We have low taxes and economic stability,” he says proudly.

I’m taken on a tour with the minister of a planned new digital park near Asunción’s main airport. It’s currently green fields and some army barracks.

Mr Villate unfurls plans to show off the lakes, a childcare centre and other buildings which he says should be ready in under two years.

“The government are going to invest around $20m (£15m) for the first stage, but the idea is for private companies to invest the rest,” he says.

Even though the park isn’t ready yet, Mr Villate says the collaboration already happening between the public, private and university sectors is key to building an ecosystem to attract foreign investors.

The government thinks the country’s young population will be a key attraction, and able to provide a large tech workforce. The average age in Paraguay is 27.

Vanessa Cañete Vanessa Cañete looks at the cameraVanessa Cañete

Vanessa Cañete says Paraguay is working hard to train more young people in technology

But more young people will need to be trained. The technology minister says the new digital park will also be home to The University of Technology, which is a joint venture between Taiwan and Paraguay.

Meanwhile, there are other initiatives to train young people in the country. “We are working really hard to create a mass of software engineers, programmers and everything you need to provide software services,” says Vanessa Cañete, president of trade group Paraguayan Chamber of the Software Industry.

Ms Cañete says she is also passionate about encouraging more women to study computer engineering. In 2017 she set up Girls Code, a non-profit association which aims to close the tech gender gap.

It organises programming and robotics workshops for teenagers and young women, with more than 1,000 receiving some sort of training to date.

Ms Cañete adds that software developers are also given English lessons for up to four years to improve their communication with overseas firms.

The people I met are brimming with positivity about what Paraguay has to offer the tech world, but they are also pragmatic.

Ms Cibils says there are still “growing pains” for foreign investors, with issues like bureaucracy, which can hold things up adapting local contracts to standardised international ones.

But she is adamant that “if you put innovation at its core and leverage all the benefits that the country has I think Paraguay can be a superpower”.



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