
Sir Tim Berners-Lee, the architect of the world wide web, has come out with a nightmare scenario about AI running companies that eat everyone else for lunch, thus becoming the new masters of the universe.
Speaking at the Innovate Finance Global Summit, Berners-Lee laid out a number of scenarios, such as “When AI starts to make decisions such as who gets a mortgage . . . . Or which companies to acquire and when AI starts creating its own companies, creating holding companies, generating new versions of itself to run these companies.”
The scenario is a simple one to understand and project: take a bunch of artificial intelligence that are already programmed in all the important areas of business management, and watch them self-improve beyond human intelligence. It’s like Terminator meets The Wolf of Wall Street.
Berners-Lee continues, “So you have survival of the fittest going on between these AI companies until you reach the point where you wonder if it becomes possible to understand how to ensure they are being fair, and how do you describe to a computer what that means anyway?”

To me, ensuring fairness is the least of our worries in such a scenario. What will humans be doing in these companies run by hyper-intelligent AI? Cleaning toilets? Well, there’ll be a bot for that. Making and serving coffee? Well, there’ll be bots for that. Running numbers, setting goals, creating spread sheets or project management deadlines? Nope.
It’s like Terminator meets The Wolf of Wall Street.
In such a world humans will indeed be on some kind of universal income. This is the post-human age: the age of human obsolescence in what we call these days ‘work’. Will work look different? Maybe. But the issue will be human potential and human self-worth. We can always try to ‘chip up’ but AI will advance faster than humans.
As humans we are created for work, we are created to be productive. You don’t have to look too far and wide to see the high rates of depression associated with unemployment. The nightmare scenario is not what will happen when robots start buying up businesses and cleaning the human race’s clock, but what will happen to millions of humans when they are on unemployment insurance.
Nevertheless, Berners-Lee is right on track with his scenario planning. Some people and companies are seeing the writing on the wall and making new plans and creating new businesses for the future. If you’re not doing this already, you might be too late. If you think this is all sci-fi dog-chow and not taking this seriously, you need to rethink your position. This is real. It’s happening, and we have very smart prescient people sounding alarm bells. Will we listen and innovate to new solutions, or fold our arms and go out with a whimper?

