 BlackRock's 'Aladdin' or
the influence of AI on human economic and social development
The biggest threat to humanity does not come from Artificial Intelligence in the future, it comes from Artificial Stupidity in the present. The origin of AS (Artificial Stupidity) in this example is called Aladdin. It is a computer program (neural network) in charge of $15 trillion Dollars of human capital, according to Wikipedia. It operates on a wrong model of humanity.
The employers of Blackrock investments base their buy or sell decisions on the analysis of this Aladdin and they see themselves as extensions of it. They see themselves as its agents.
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