Advancements in AI Will Resonate with the Internet, Not the Steam Engine


Advancements in AI Will Resonate with the Internet, Not the Steam Engine

Technologists and leaders like Jamie Dimon are drawing parallels between the impact of artificial intelligence and past transformative technologies. Dimon recently highlighted this comparison in a letter to shareholders, discussing how AI could shape the future in a similar way to historic inventions like the printing press, steam engine, electricity, computing, and the Internet.

While the metaphor of AI as the next steam engine has become common, it oversimplifies the potential effects of this emerging technology. Comparing AI to past innovations may paint a too-rosy picture of its impact on society. Dimon’s examples indicate that AI could have far-reaching consequences beyond what we have seen in past advancements, suggesting a more complex future ahead.

The transformational power of perfecting steam technology in the past pales in comparison to the changes that artificial intelligence could potentially bring. As we continue to advance AI technology, it is clear that its effects on our lives and society as a whole will be profound and wide-ranging. The comparison to historic inventions serves as a reminder of the potential magnitude of AI’s impact, encouraging us to consider the complexities of this transformative technology.

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