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The peril of planning in the age of GAI: Embrace adaptation or risk ruthless irrelevance

32 52
29.03.2024

It’s deeply concerning to hear policymakers, from Prime Ministers to Finance Ministers, crafting five-year economic plans without acknowledging the explosive advancements in artificial intelligence (AI), particularly generative AI and the potential of Artificial General Intelligence (AGI). This approach guarantees flawed and ineffective systems, a stark indicator of a leadership disconnected from the realities of our rapidly evolving world.

Planning for the future necessitates a clear understanding of the present. Ignoring the transformative potential of AI is a recipe for economic stagnation, social unrest, and missed opportunities. Policymakers must embrace the AI revolution, actively preparing their nations for the challenges and opportunities it presents. This demands fostering an environment for AI research and development, investing in human capital to leverage AI effectively, and developing ethical frameworks to guide this critical technology. The future belongs to those who can adapt and lead in the age of AI. The alternative is to be left behind in a world irrevocably reshaped by these powerful tools.

Five-year plans were once valuable tools in a bygone era – pre-internet, and certainly pre-AI. Today, the 4F – Science, Technology, Globalization, and Brainpower Development – are reshaping the world at a staggering pace. Traditional planning methodologies simply cannot keep up.

Generative AI, exemplified by Devin, Devika, and the open-source Grok-1, represents a paradigm shift far exceeding chatbots like GPT-4, Gemini, or autopilot systems. These tools possess the potential to revolutionize every facet of our existence – from economics and social structures to public service delivery.

While there are thousands of prominent software engineering firms globally, the true power lies in what AI pioneers like Devin and Devika are building. Their creations have the potential to generate millions of software engineers in record time. Imagine the impact on impoverished nations, historically plundered by the global economic system, if they were suddenly equipped with a workforce of thousands of AI engineers. The ramifications for their economies, societies, political landscapes, and resource management would be seismic.

Economic transformation:

Automation and efficiency: AI engineers can design and implement intelligent automation systems across industries, optimizing production, logistics, and resource allocation. Imagine AI-powered agriculture maximizing crop yields with minimal water waste, or AI streamlining........

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