The Future Of Life

FLI Podcast: Distributing the Benefits of AI via the Windfall Clause with Cullen O'Keefe

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Sinopsis

As with the agricultural and industrial revolutions before it, the intelligence revolution currently underway will unlock new degrees and kinds of abundance. Powerful forms of AI will likely generate never-before-seen levels of wealth, raising critical questions about its beneficiaries. Will this newfound wealth be used to provide for the common good, or will it become increasingly concentrated in the hands of the few who wield AI technologies? Cullen O'Keefe joins us on this episode of the FLI Podcast for a conversation about the Windfall Clause, a mechanism that attempts to ensure the abundance and wealth created by transformative AI benefits humanity globally. Topics discussed in this episode include: -What the Windfall Clause is and how it might function -The need for such a mechanism given AGI generated economic windfall -Problems the Windfall Clause would help to remedy  -The mechanism for distributing windfall profit and the function for defining such profit -The legal permissibility of the Windfall