by Malcolm Murray
The world does not lend itself well to steady states. Rather, there is always a constant balancing act between opposing forces. We see this now play out forcefully in AI.
To take a step back, the balancing act is present whether we look at the micro or the macro level. On the micro level, in our personal lives, we have seen how almost everything is good in moderation, but excess of anything can be fatal. When it comes to countries’ economic system, history has provided enough examples for us to be fairly certain that capitalism leads to prosperity and communism leads to stagnation. However, we have also seen how unconstrained capitalism leads to a race to the lowest common denominator and can lead to decrease in quality of life on non-GDP measures for the majority of people. When it comes to political system, we can admire China in the short term, in awe of how autocracies get more things done than democracies, but we have also seen how unchecked power inevitably leads to human rights degradations for the majority of people.
It is the same at the meso level, with new technologies. The two big technology trends of the 2010s followed this pattern. Social media started out being a force for freedom, overturning dictators and connecting old friends, but left unchecked and unregulated, it deteriorated into a click-baiting attention maximizer, driving children to suicide. The gig economy started as an environmentalist utopia, with “collaborative consumption” of idle resources, but quickly deteriorated into the creation of a new proletariat, living on below-subsistence earnings.
So it is no surprise that we now face the same challenge with AI. As a society, we need to balance the opportunities with the risks. We need some AI regulation, but at the same time, not too much so that it stifles innovation. We know that AI offers the promise of tremendous upside as well as downside. On the upside, we have seen recent examples such as the release of the new GenCast AI model from Google DeepMind for weather prediction. This could help foresee extreme weather events better than existing models, saving lives in the process. But on the flipside, we keep seeing examples of AI used indiscriminately leading to severely negative outcomes. The recent shooting of the UnitedHealthcare CEO seems to have been partly motivated by AI-driven processes, and Amazon recently reported a huge uptick in cyber threats due to AI.
The tricky part is that the needle is always moving. At any given point in time, we may be either under-controlling or over-controlling a given risk. This means either letting AI developers and deployers run rampant with the risks, or drowning them in red tape. Either allowing for too many adverse outcomes in society, or conversely, depriving society of large potential benefits. Read more »


The sleet falls so incessantly this Sunday that the sky turned a dull gray and we don’t want to go anywhere, my child, his friend and me. We didn’t go to the theater or to the Brazilian Roda de Feijoada and we didn’t even bake cookies at the neighbors’ place, but instead are playing cars on the floor and cooking soup and painting the table blue when the news arrives.






“You were present on the occasion of the destruction of these trinkets, and, indeed, are the more guilty of the two, in the eye of the law; for the law supposes that your wife acts under your direction.”
I was recently subjected to an hour of the “All In” Podcast while on a long car ride. This podcast is not the sort I normally listen to. I prefer sports podcasts—primarily European soccer—and that’s about the extent of my consumption. I like my podcasts to be background noise and idle chatter, something to listen to while I do the dishes or sweep the floor, just something to fill the void of silence. On the way to work this morning I had sports talk radio on—the pre-podcast way to fill silence—and they were discussing the physical differences between two football wide receivers—Calvin Johnson and DK Metcalfe—before switching to two running backs—Derrick Henry and Mark Ingram.
Sughra Raza. Being In the Airplane Movie. Dec 4, 2024.




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There’s a lot going on right now. Lowlights include racism, misogyny, and transphobia; xenophobia amid undulating waves of global migrations; democratic state capture by right wing authoritarians; and secular state capture by fundamentalist Christian, Jewish, Muslim, and Hindu nationalists.