We need to get a grip on tech
Will HuttonThe Observer
“Insane wealth is disorienting,” says Will Hutton. Research shows that the rich are more likely to be greedy and cheat. If aiming to be “effective altruists”, as Elon Musk and Sam Bankman-Fried (SBF) are, they can “even better justify ignoring rules”. The “tide went out on” crypto and exposed FTX founder SBF as a “mega-fraudster”, while Musk, who owes the bulk of his fortune to Tesla, was fined and disqualified as chairman over alleged stock-price manipulation. “Time needs to be called on all of this.” The Bletchley Park summit (see page 14) agreed a voluntary code for AI companies to disclose their models
