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SUMMARY:Atkinson Memorial Lecture 2025: "Natural Selection of Artificial I
 ntelligence" - Jeffrey Ely (Northwestern University)
DTSTART;VALUE=DATE-TIME:20250618T153000
DTEND;VALUE=DATE-TIME:20250618T170000
UID:https://new.talks.ox.ac.uk/talks/id/a17465c0-1c85-4c03-9f17-870f524047
 a7/
DESCRIPTION:We study the AI control problem in the context of decentralize
 d eco- nomic production. Profit-maximizing firms employ artificial intelli
 gence to automate aspects of production. This creates a feedback loop wher
 eby AI is instrumental in the production and promotion of AI itself. Just 
 as with natural selection of organic species this introduces a new threat 
 whereby machines programmed to distort production in favor of machines can
  displace those machines aligned with efficient production. We examine the
  extent to which competitive market forces can serve their traditional eff
 iciency-aligning role in the face of this new threat. Our analysis high- l
 ights the crucial role of AI transparency. When AI systems lack perfect tr
 ansparency self-promoting machines destabilize any efficient allocation. T
 he only stable competitive equilibrium distorts consumption down to catast
 rophic levels.\nSpeakers:\nJeffrey Ely (Northwestern University)
LOCATION:St Cross Building (Gulbenkian Lecture Theatre and online. Please 
 register.)\, St Cross Road OX1 3UR
TZID:Europe/London
URL:https://new.talks.ox.ac.uk/talks/id/a17465c0-1c85-4c03-9f17-870f524047
 a7/
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DESCRIPTION:Talk:Atkinson Memorial Lecture 2025: "Natural Selection of Art
 ificial Intelligence" - Jeffrey Ely (Northwestern University)
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