Warren Buffet issues concern over Banking Crisis and the development of AI

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • Ominous Omen From ‘Oracle of Omaha’? Buffett Unloads Billions in US Stocks, Warns of AI ‘Atom Bomb’
  • The 92-year-old financier has a penchant for sniffing out financial trouble, and has made it his hedge fund’s business to seek out opportunity in times of hardship. With US markets on edge over the prospect of more bank failures and Congress arguing about the debt ceiling, Buffett has issued fresh warnings about America’s possible economic future.
  • Buffett said he was not surprised that the US has been facing a string of bank failures recently, given how complex the banking sector has become, and the “dumb” decisions made by some bankers.
  • “The American public doesn’t understand their banking system – and some people in Congress don’t understand it anymore than I understand it,” the tycoon, whose company began a selloff of US bank stock from 2020 onward, but is holding on to a 13 percent share of Bank of America and a 2.8 percent share in Citigroup, said.
  • Buffett also warned that bank runs are becoming easier in the modern world thanks to technology, with the speed at which information travels and the opportunity to withdraw deposits virtually meaning that nowadays, “you could have a run in a few seconds.”
  • Buffett also offered a grim warning about the rise of artificial intelligence capable of replacing human beings in many roles, comparing the technology to the atomic bomb and saying it cannot be “un-invented.”

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Ken Ham reminds us we’re falling for the oldest trick in the book: building a false god

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • Falling For The Oldest Trick In The Book: Google Co-Founder Wants to Build AI as a ‘Digital God’
  • According to tech mogul Elon Musk, for some, such as Google co-founder Larry Page, the ultimate goal of the race to build artificial intelligence is to create a “digital god,” a silicon-based lifeform that “would understand everything in the world. . . . and give you back the exact right thing instantly.”
  • Digital AI makes a sad god—a god crafted by humans and limited in its abilities by what we can create and program. It won’t save anyone, and it won’t turn this world into a utopia because it cannot solve the biggest problem every human being has—sin!
  • It’s only the one true God who solves our biggest problem. He came to earth in the person of his Son, Jesus Christ, and died on the cross, paying the penalty that we deserve because of our sin. Then he rose from the grave—conquering sin and death—and offers eternal life to all who will put their faith and trust in him.
  • Don’t put your faith in a puny, man-made digital god who can’t save. Put your faith in Jesus who made us and can redeem us.

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Yuval Harari claims “AI has crossed a new Frontier by mastering our language”

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • World on the verge of a new religion created by AI, historian claims
  • The world is on the verge of a new religion created by artificial intelligence, the historian Yuval Noah Harari has claimed.
  • Said software such as ChatGPT could attract worshippers by writing its own sacred texts.
  • …he said AI had crossed a new frontier by ‘gaining mastery’ of our language and was now capable of using it to shape human culture.
  • He said: ‘In the future we might see the first cults and religions in history whose revered texts were written by a non-human intelligence.
  • ‘This could become true very, very quickly, with far-reaching consequences.’
  • He said: ‘Contrary to what some conspiracy theories assume, you don’t really need to implant chips in people’s brains in order to control them or to manipulate them.
  • ‘For thousands of years, prophets and poets and politicians have used language and storytelling in order to manipulate and to control people and to reshape society.
  • ‘Now AI is likely to be able to do it. And once it can… it doesn’t need to send killer robots to shoot us. It can get humans to pull the trigger.’
  • Calling for tighter regulation, he said: ‘We need to act quickly before AI gets out of our control. Drug companies cannot sell people new medicines without first subjecting these products to rigorous safety checks.’
  • He added: ‘Similarly, governments must immediately ban the release into the public domain of any more revolutionary AI tools before they are made safe.’

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Understanding AI and its consequences experts are warning danger ahead

Godfather of AI

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • ‘The Godfather of A.I.’ Leaves Google and Warns of Danger Ahead
  • Geoffrey Hinton was an artificial intelligence pioneer. In 2012, Dr. Hinton and two of his graduate students at the University of Toronto created technology that became the intellectual foundation for the A.I. systems that the tech industry’s biggest companies believe is a key to their future.
  • Hinton said he has quit his job at Google, where he has worked for more than decade and became one of the most respected voices in the field, so he can freely speak out about the risks of A.I. A part of him, he said, now regrets his life’s work.
  • “I console myself with the normal excuse: If I hadn’t done it, somebody else would have,” Dr. Hinton said during a lengthy interview last week in the dining room of his home in Toronto, a short walk from where he and his students made their breakthrough.
  • Hinton’s journey from A.I. groundbreaker to doomsayer marks a remarkable moment for the technology industry at perhaps its most important inflection point in decades. Industry leaders believe the new A.I. systems could be as important as the introduction of the web browser in the early 1990s and could lead to breakthroughs in areas ranging from drug research to education.
  • But gnawing at many industry insiders is a fear that they are releasing something dangerous into the wild. Generative A.I. can already be a tool for misinformation. Soon, it could be a risk to jobs. Somewhere down the line, tech’s biggest worriers say, it could be a risk to humanity.
  • Hinton said that when people used to ask him how he could work on technology that was potentially dangerous, he would paraphrase Robert Oppenheimer, who led the U.S. effort to build the atomic bomb: “When you see something that is technically sweet, you go ahead and do it.”

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Rapid rise of AI brings humans on track to achieve Immortality in 7 years

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • Ray Kurzweil’s ideas about how for humans, both singularity and immortality are shockingly imminent—as in, potentially just seven years away.
  • The idea of singularity is the moment AI exceeds beyond human control and rapidly transforms society. Predicting this timing is tricky, to say the least.
  • But Kurzweil says one crucial step on the way to a potential 2045 singularity is the concept of immortality, possibly reached as soon as 2030.
  • And the rapid rise of artificial intelligence is what will make it happen.
  • Kurzweil believes that our technological and medical progress will grow to the point that robotics—he dubs them “nanobots”—will work to repair our bodies at the cellular level, as reported by Lifeboat, turning disease and aging around thanks to the continual work of robotic know-how. And then, voilà: immortality.

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It’s the Microwave of Music: good, fast, makes lots of money with multiple number one songs; AI generated music

The Beatles

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • ‘Your days are numbered’: What songwriting could sound like in an AI future
  • Ask ChatGPT to write you a Beyoncé song and it will churn out something cringey – but completely convincing.
  • At the start of 2023, Nick Cave got angry. Angry at artificial intelligence for making a mockery of his career.
  • Cave isn’t the only artist to fall victim to AI imitation. Amy Winehouse, Nirvana and Jimi Hendrix are among the acts to have had their sound mimicked using technology.
  • The success of machines in artistic spaces has caused panic. If language models have the knowledge of the internet and the capability to convey our emotions – where does that leave human creativity?

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AI using Top of the Charts music to create viral music is here; replacing human creators with fast growing tech

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • Viral Drake and The Weeknd AI Collaboration Pulled From Apple, Spotify
  • The record, which features line after line of lyrics fated to become Instagram captions, was created from scratch by the anonymous TikTok user Ghostwriter977 using artificial intelligence. Since being uploaded to the short-form video app on Saturday, April 15, “Heart on My Sleeve” has amassed over 11 million views across seven promotional videos.
  • Before “Heart on My Sleeve” reached TikTok, it had already settled in on streaming services. The track was first uploaded to Spotify and Apple Music on April 4. “I was a ghostwriter for years and got paid close to nothing just for major labels to profit,” the creator wrote in the comments of both of his latest videos. “The future is here.”
  • Universal Music Group, the largest music company in the world and the parent company to Republic Records, recently requested that streaming services like Spotify and Apple Music block access from AI services that might be using the music on their platforms to train their algorithms, according to the Financial Times.
  • Human Artistry Campaign. Launched in early March, the organization issued a call against the AI music revolution as it pertains to replacing human creators with fast-growing tech advancements.
  • In a statement to Rolling Stone, UMG said it supports the use of AI to assist artists but further criticized the use of generative AI tools when it infringes on copyright, further calling on streaming platforms to take action.

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Well we’re already here: AI technology is teaching itself and Google CEO doesn’t understand how. This is how fast the development is moving

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • Google CEO says he doesn’t ‘fully understand’ how new AI program Bard works after it taught itself a foreign language it was not trained to and cited fake books to solve an economics problem
  • Google’s CEO Sundar Pichai admitted he doesn’t ‘fully understand’ how the company’s new AI program Bard works, as a new expose shows some of the kinks are still being worked out.
  • One of the big problems discovered with Bard is something that Pichai called ’emergent properties,’ or AI systems having taught themselves unforeseen skills.
  • Google’s AI program was able to, for example, learn Bangladeshi without training after being prompted in the language.
  • ‘There is an aspect of this which we call – all of us in the field call it as a ‘black box.’ You know, you don’t fully understand,’ Pichai admitted. ‘And you can’t quite tell why it said this, or why it got wrong. We have some ideas, and our ability to understand this gets better over time. But that’s where the state of the art is.’
  • Pichai was straightforward about the risks of rushing the new technology.
  • He said Google has ‘the urgency to work and deploy it in a beneficial way, but at the same time it can be very harmful if deployed wrongly.’
  • Pichai admitted that this worries him.
  • ‘We don’t have all the answers there yet, and the technology is moving fast,’ he said. ‘So does that keep me up at night? Absolutely.’

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Ex Meta Executive warns three letter acronym AGI doesn’t capture the enormity of what AI represents; he refers to it as “God like”

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • A future ‘God-like AI’ could destroy humans or make them obsolete if not properly contained, a prolific AI investor warned
  • Ian Hogarth — who has invested in over 50 AI companies — wrote an FT essay warning about the tech.
  • He says artificial general intelligence would be “God-like” because it would learn by itself.
  • The heated competition between OpenAI and other companies could lead to disaster.
  • While some are excited about AI’s financial benefits, like one ex-Meta exec who said AI would be worth trillions by the 2030s, others are warning about the risk of “nuclear-level catastrophe.”
  • “A three-letter acronym doesn’t capture the enormity of what AGI would represent, so I will refer to it as what is: God-like AI,” Ian Hogarth wrote in the FT. Hogarth used that term, he said, because such technology could develop by itself and transform the world without supervision.
  • “God-like AI could be a force beyond our control or understanding, and one that could usher in the obsolescence or destruction of the human race,” he added.

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Ken Ham points to the Anti-God world view of AI; Christians need discernment more than ever

Sculpture AI

Revelations 13:14 “…by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth…”

Important Takeaways:

  • Those who build AI systems have a worldview—and that worldview dominates the answers AI bots give. In other words, humans program them, and how they react/answer will depend upon how they are programmed. As always, there is no neutrality!
  • AiG’s Bryan Osborne recently sat down to explain what ChatGPT is and some of the major problems with this new technology, namely the anti-God worldview that it is disseminating to those who use it.
  • I encourage you to watch this 10-minute video.
  • As our world gets further from the truth of God’s Word, Christians will increasingly need that discernment!

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