A private money system with real bills and gold standard is preferable to a fiat money system under government control.
Real bills are bills of exchange issued in payment of the delivery of goods or services, payable no later than 3 months' time. The holder can get it discounted against bank notes (sight bills), the bank can re-discount it with the central bank (currently for fiat money, formerly for gold coin).
https://ideas.repec.org/p/fip/fedmsr/64.html
https://www.alt-m.org/2015/10/13/the-real-bills-doctrine-a-short-response/
https://katalepsisblog.wordpress.com/2015/07/20/liquidity/
Economic Growth
AI technologies will dramatically increase productivity across sectors, creating new economic value and opportunities that outweigh job displacement.
Key Evidence
PwC research estimates AI could add $15.7 trillion to global GDP by 2030
Existential Risk
Advanced AI systems could potentially pose existential risks to humanity if they develop goals misaligned with human values or escape human control.
Key Evidence
Open letter signed by 1,000+ AI researchers calling for pause on advanced AI development
Bias & Fairness
AI systems can reflect and amplify existing societal biases, leading to unfair outcomes in areas like hiring, lending, criminal justice, and healthcare.
Key Evidence
Multiple studies show facial recognition systems have higher error rates for women and people with darker skin tones
News
EU Passes Comprehensive AI Act
The European Union has approved landmark legislation to regulate artificial intelligence, establishing the world's first comprehensive legal framework for AI.
UN Establishes Global AI Ethics Committee
The United Nations has formed a specialized committee to develop international standards for ethical AI development and deployment.
Major Tech Companies Sign AI Safety Pledge
Leading technology firms have jointly committed to a set of principles for responsible AI development, including safety testing and transparency measures.