tech world: ...including a nightmarish scenario where artificial intelligence (AI) could become the new 'masters of the universe' by creating and running their own companies. by Scott Carey
'He laid out the scenario where AI could decide which companies to acquire and took this to its logical conclusion:
'"So when AI starts to make decisions such as who gets a mortgage, that's a big one. Or which companies to acquire and when AI starts creating its own companies, creating holding companies, generating new versions of itself to run these companies.
'"So you have survival of the fittest going on between these AI companies until you reach the point where you wonder if it becomes possible to understand how to ensure they are being fair, and how do you describe to a computer what that means anyway?"'