Don’t Outsource AI’s Ethics to the Market

Justin Wolfers and producer Augusta discuss the economics and ethics of AI safety, using airbags as an analogy. They argue that while a "safe" AI might perform slightly less efficiently than one without precautions, this trade-off is essential. The potential downsides of an unsafe AI, such as impacting the electricity grid, biological weapons, or human extinction, far outweigh the minor performance reduction, making guardrails a necessary consideration.