Artificial Intelligence – Ethics & Values? Examples. Stats. Business Ideas.
This is your 60-second crash course on the ethical issues relating to AI: Let’s quickly explain it, look at some important stats, examples, and business ideas that you can use to make money from it.
What are the most critical ethical challenges?
- Job Loss and Wealth Inequality
- AI is Imperfect — What if it Makes a Mistake?
- Should AI Systems Be Allowed to Kill?
- Rogue AIs
- Singularity and Keeping Control Over AIs
- How Should We Treat AIs?
- AI Bias
According to the new McKinsey Global Institute report, by the year 2030, about 800 million people will lose their jobs to AI-driven robots: https://kambria.io/blog/the-7-most-pressing-ethical-issues-in-artificial-intelligence/
There’s a predator drone called the General Atomics MQ-1 Predator, that has been used for over a decade. This remotely piloted aircraft can fire missiles but US law requires that humans make the actual kill decisions. Ethical question – should a biased human make the decision or should an unbiased AI system make the decision. If the AI makes the decision and gets it wrong, who should be held accountable? Can a military use kill decisions made by AI systems to avoid prosecution for war crimes?
Belief Systems & Values
We all have different belief systems and value systems. Many of us take the view that it’s okay for anyone to believe anything they as long as it doesn’t do any harm to anyone else. The ethical problem that we need to solve in the new world of AI is that the collection of data and the decisions made by AI systems are all based on the value systems of the people that design them. If individual AI systems created by me interact with other AI systems created by you then we need a common value system. But there is no common value system in the world and there never will be. So, what now?
According to a report published by the research institute “AI Now” in 2019, artificial intelligence systems can perpetuate historic biases, discriminate against individuals without justification, and threaten human rights and democratic values – For example, image recognition technologies miscategorize black faces, sentencing algorithms that discriminate against black defendants, and chatbots that adopt the racist and misogynistic language.
More than 40 sets of ethical guidelines and principles for artificial intelligence have been created all over the world. They all attempt to zone in on the values that we can all agree on and provide advice about to implement them into institutional frameworks, technical research and applications, and regulations.
One of the most critical elements of AI systems is data. You can think of data as the fuel that allows AI to function. But the collection and use of the data should not occur at the expense of personal privacy. Right? Well, some of you will say that there are some situations where people should give up their right to privacy in order to allow a government to solve a problem that impacts all of its citizens. There are many scenarios where it’s easy to decide whether handing over private data is justified or not justified. But what about the grey areas? In a world without AI, humans make these grey area decisions for themselves or a government forces them to make a decision. Either way, we humans are aware of what happened. In a world that is immersed in invisible AI systems, these decisions will be made by algorithms and we won’t know anything about it.
An article published by McKinsey & Company in 2019 cited an example a healthcare provider buying data about its patients from a broker – information like which restaurants they visited, how much TV they watch – in order to assess the health risk. Healthcare providers could take the view that this is justified because it’s in the best interest of their patients but patients might take the view that it’s an unjustified invasion of privacy.
Okay, Let’s talk about business ideas. As I mentioned earlier I’ll talk about business ideas for people with a budget under $100, people with a budget under $1,000, and other ideas for people that have bigger budgets or want to raise capital from investors.
If I mention something that you don’t understand, check out my SE course. It only costs $19 and it has a 7-day free trial so you can get it for free. It will help you start in the least amount of time, with the least amount of effort, with the lowest startup costs.
Let’s start with $100 budget
You all have one valuable thing that costs nothing to create. That’s your opinion. Your unique background gives you a unique perspective on AI. That perspective may not be important to everybody but it will be important to a specific subset of people. That subset is your audience.
The best way to get started with a budget of close to zero is to get your perspective out into the world. If your budget is literally zero, then just start by creating a social media group about the topic. It could be about AI security for business, AI, and ethical issues or a discussion about how regular people can recognize AI systems and how they should interact with them in order to protect themselves. The only thing that matters is that you have a unique insight that justifies a conversation within a specific audience. You can and monetize it with affiliate links. If you don’t know what that means or how to do it, check out my course.
If you want to spend a little bit more time and effort, you can create a blog, podcast, or YouTube channel and use your unique perspective to create content.
If you have subject matter expertise then you can go ahead and create case studies, research reports, and other specialized content and sell it from your website. Keep in mind that you don’t have to be a current industry expert to do this. Publishing the content makes you the expert. You just have to make sure that the quality of your content is high and justifies whatever you’re charging for it.
The easiest way to start generating enough revenue from a new business that can replace your full-time job is to offer your services. Hypergrowth trends, like the use of AI in business, will create demand for expert advice about how to use AI in an infinite number of applications. You just need to demonstrate your expertise in one or more subsets of the AI world then you can generate consulting revenue.
If you don’t already have the ability to demonstrate your expertise you can do it by creating content about a specific AI topic that will appeal to the audience that you want to target. You can provide the services yourself or outsource them. The only thing you need is a professional website and a solid marketing plan. Keep in mind that 99% of consultants don’t have professional websites or solid marketing plans. If you want to get this right, check out my course. It only costs $19 and it could help you make hundreds of thousands per year so the cost-benefit ratio is obviously in your favor.
The other way you can generate revenue is by creating a course about AI and selling it on your website or third-party marketplaces. I’m not talking about academic courses that compete with Universities. I’m talking about short-form courses that take advantage of your unique knowledge or perspective. You can create courses that target small businesses, big businesses, or governments. You can create courses that target a specific industry, technology, or problem that can be solved with AI. You can create it in the form of text, audio, or video. You can sell it for a one-time payment or sell an ongoing membership. You can create the course yourself or you can outsource it. Some people make tens of thousands of dollars per month in their spare time by doing this. Again, if you don’t know how to do all of this, check out my course.
Bigger budget/raise capital
This table from Mckinsey does a good job of outlining all of the categories of potential errors that can be made by AI systems.
There are three ways to approach them:
Manually: humans review data collection practices, algorithms, and assumptions manually and look for errors that cause problems then correct them.
Semi-autonomous: Create protocols that can be used as a basis by a combination of humans and machines to look for and identify errors then correct them.
Fully autonomous: Create apps that review everything without human involvement.
So, how can the ‘I Imagine’ platform help you?
If you want to generate new business ideas or develop existing ideas, you can use the Idea management platform to crowdsource ideas. It uses a simple problem/solution framework and we believe it’s the most advanced Idea development platform in the world. Just create a listing that states the problem you want to solve then your friends, colleagues, employees, or followers can suggest solutions or comment and vote on solutions from other people. You can use it for product development, community management, or customer feedback. You can create listings for free. In fact, I’ve created some Listings about business ideas for AI. Go ahead and check them out. Links are in the description.
The Referral Platform helps grow your business by creating a referral program and compensate people for referring customers to you. It has the most advanced features in the world for creating and managing your referral program. You can create listings for free.
The Collaboration Platform helps grow your business by cross-promoting your products and services to the customers and followers of other businesses that have a similar target market. You can create listings for free.
The Lifewall is an improvement on Maslow’s Hierarchy of Needs. It breaks life down into 21 interactive elements that allow you to see a big picture graphic representation of all aspects of your life on one screen then use this information to create and manage goals.
The Canvas is like a vision board that includes the goals you created in the Lifewall as well as images of people that are important to you, things you’re passionate about, meaningful quotes, what you’re grateful for. It was designed based on scientific evidence indicating that all of these elements can have a powerful positive impact on your mood, your ability to focus, and your overall mental health. It makes your day more enjoyable and it increases your likelihood of success. The Lifewall and the Canvas are both free.
Finally, I Imagine is also a fully-featured social network that you can use to connect with other entrepreneurs.
Social entrepreneurship is a movement and every movement needs a community. ‘I Imagine’ is that community but, as you can see, it’s a lot more advanced than just being a place for people to chat. So create a free account and join the movement.