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Don’t Fear AI: How to Invest in the Next Revolution

The Courier-Mail

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From dismissing cars as “novelties” to predicting TV would fail, history shows today’s AI fears follow the same pattern as every revolutionary technology, writes finance guru Noel Whittaker.

Summary

The article by finance expert Noel Whittaker positions itself against common fears about AI by drawing parallels with how society historically misjudged revolutionary technologies like automobiles and television. It argues that panic over AI may be unfounded and instead highlights it as an investment opportunity, reflecting on the potential for economic growth rather than risks. The content does not significantly engage with existential or catastrophic AI risks, focusing instead on historical lessons regarding public perception of technological advancement. The article's emphasis is on economic and financial aspects of AI, with minimal discussion on the governance or safety frameworks needed to manage potential AI-related harms.

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Don’t fear AI: How to invest in the next revolutionFrom dismissing cars as “novelties” to predicting TV would fail, history shows today’s AI fears follow the same pattern as every revolutionary technology, writes finance guru Noel Whittaker. Summer sale now on Unlock this story and more for a great price Full Digital Access What’s included Unlimited articles on app & web Subscriber-exclusive newsletters A digital version of Today’s paper Enjoy games & puzzles SuperCoach Plus stats & analysis while playing Pay As You Go No lock-in contract $1 for 4 weeksThen $32 charged every 4 weeks.* *Read the fine print Full Digital Access $1 charged for a duration of 4 weeks, after which it automatically renews at $32 charged every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. New customers only. Prices after any early discounted periods may be varied as per full Terms and Conditions. See www.couriermail.com.au/subscriptionterms for full details. SALE NOW ON 12 Month Plan Limited Time Offer $5 $3 a week for the first 12 months($156 min. cost) charged as $12 every 4 weeks. Then $20 charged every 4 weeks.* *Read the fine print Full Digital Access 12 Month Plan costs $156 (min. cost) for the first 12 months, charged as $12 every 4 weeks. This automatically renews after the first 12 months to be charged as $20 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.couriermail.com.au/subscriptionterms for full details. Read every article Full app & web access 24/7 Today’s paper Read the paper online exactly as it was printed Newsletters Subscriber exclusive news emails straight to your inbox News from our network Enjoy access to 11 of our news sites (exc. The Australian) Read every article Full app & web access 24/7 Today’s paper Read the paper online exactly as it was printed Newsletters Subscriber exclusive news emails straight to your inbox News from our network Enjoy access to 11 of our news sites (exc. The Australian) Subscribe Other subscription options Print + Digital Subscriptions Corporate Subscriptions Your Selection: $0 Your Selection – Change selection Today’s Total $0 Read the fine print Terms and Conditions Sorry, we are unable to process your request at this time. Please try again later.