“China’s first attempt at industrialization started in 1861 under the Qing monarchy. Wen wrote that China “embarked on a series of ambitious programs to modernize its backward agrarian economy, including establishing a modern navy and industrial system.”
Improving institutions is an extremely hard problem. The theory we have on it is of limited use (things like game theory, mechanism design, contract theory), and with AI governance/institutions specifically, we don’t have much time for experimentation or room for failure.
So I think this is a fine frame, but doesn’t really suggest any useful conclusions aside from same old “let’s pause AI so we can have more time to figure out a safe path forward”.
“China’s first attempt at industrialization started in 1861 under the Qing monarchy. Wen wrote that China “embarked on a series of ambitious programs to modernize its backward agrarian economy, including establishing a modern navy and industrial system.”
However, the effort failed to accomplish its mission over the next 50 years. Wen noted that the government was deep in debt and the industrial base was nowhere in sight.” https://www.stlouisfed.org/on-the-economy/2016/june/chinas-previous-attempts-industrialization
Improving institutions is an extremely hard problem. The theory we have on it is of limited use (things like game theory, mechanism design, contract theory), and with AI governance/institutions specifically, we don’t have much time for experimentation or room for failure.
So I think this is a fine frame, but doesn’t really suggest any useful conclusions aside from same old “let’s pause AI so we can have more time to figure out a safe path forward”.