Economist Warns of Existential Threats in Upcoming Speech
An economist’s plan to fight the zombie apocalypse
Image: The Sydney Morning Herald
In a forthcoming speech, Australian Assistant Treasury Minister Andrew Leigh will address the alarming risks of global extinction, suggesting that humanity faces a one in six chance of annihilation due to threats like artificial intelligence and bioterrorism. He emphasizes the need for governments and economists to develop policies to mitigate these risks and ensure survivability for future generations.
- 01Andrew Leigh estimates a one in six chance of global extinction over the next century due to various threats.
- 02He highlights that humanity's existence is fragile, with potential future populations reaching into the trillions.
- 03Leigh warns that while technological advancements can enhance productivity, they also increase the risk of self-destruction.
- 04He advocates for the development of policies to manage the 'hazard rate' of new technologies.
- 05Leigh calls for economists to focus on survivability alongside traditional analyses of equity and efficiency.
Advertisement
In-Article Ad
In a speech honoring economist Lyndhurst Giblin, Australian Assistant Treasury Minister Andrew Leigh will address the potential existential threats facing humanity. He posits that the risk of global extinction could be as high as one in six over the next century, driven by factors such as artificial intelligence and bioterrorism. Leigh emphasizes that while economics traditionally deals with resource allocation, it has not adequately addressed the ultimate scarcity: the possibility of no future for humanity. He notes that the human species, only a few hundred thousand years old, could see trillions more lives if it survives. However, Leigh warns that modern economies may be better at creating dangerous technologies than ensuring safety. He urges governments to implement policies that manage the risks associated with new technologies and calls on economists to prioritize survivability in their analyses. This speech aims to provoke thought on the fragility of human existence in the face of advancing technology and environmental challenges.
Advertisement
In-Article Ad
Leigh's warnings about existential threats could influence policy decisions in Australia and beyond, impacting how governments approach technology regulation and crisis management.
Advertisement
In-Article Ad
Reader Poll
How concerned are you about the risks posed by artificial intelligence?
Connecting to poll...
Read the original article
Visit the source for the complete story.