The Economic and Social Aspects

15 Economic and social changes

15.1 The narrowing and widening gap between rich and poor

In the past, new technological revolutions always created social convenience and wealth. For example, in China, the economic improvement of poor rural areas has greatly benefited from the invention of the Internet, e-commerce, and smartphones.

Artificial intelligence technology has also brought about economic and social changes. People who are economically or intellectually backward have the opportunity to become on par with the highly educated and well-paid people of the past. But a few people with high intelligence and know how to control smart technology are better at accumulating wealth. This creates the possibility of equalizing wealth on the one hand, but on the other hand the possibility of widening the gap between the rich and the poor.

15.2 What kind of artificial intelligence can reduce unemployment caused by AI?

In order to solve the unemployment problem caused by artificial intelligence replacing employees, artificial intelligence should not emphasize automation, but should emphasize augmentation. Automation means replacing people with intelligent machines, leading to unemployment; while expansion means enhancing people's functions, leading to equal wealth. An improved method is: when developing artificial intelligence products, the goal of our testing is not how the software product can get closer to human capabilities (for example, it can identify objects more like human eyes and replace quality inspectors in the factory), but rather How can this software product enhance collaboration with other people or machines and create greater productivity (for example, AI helps discover new drugs, the Metaverse enhances human interaction in the virtual world, etc.), or in industries where human resources are scarce (such as Elder care, education and training) to create new changes.

15.3 Example: How smart laws change human society

ChatGPT and other natural language processing technologies may have multiple impacts on the legal community:

15.3.1 Government Judiciary

Automated legal document processing: ChatGPT can be used to automate the processing of legal documents such as contracts, court documents, and document translations. This increases efficiency and reduces tedious paperwork, allowing legal professionals to focus more on their core legal work.

Legal research and information retrieval: ChatGPT can be used for legal research and information retrieval, helping lawyers and judges quickly find relevant cases, legal documents and precedents.

15.3.2 Law firms in the corporate world

Smart contract generation: ChatGPT can be used to generate smart contracts and automatically generate contract content based on specific conditions. This helps save time and reduce errors.

Legal advice and research: Law firms can use ChatGPT to conduct legal research, draft legal documents and provide preliminary legal advice. This increases efficiency and allows attorneys to focus more on complex cases.

15.3.3 Individuals facing legal issues

Legal Issue Advice: Individuals can use ChatGPT to seek simple legal advice and explanations to better understand the legal issues they face.

Processing legal documents: ChatGPT can assist individuals in processing legal documents, such as filling out documents or understanding the contents of legal documents.

Although ChatGPT has many applications, it also presents some challenges. Automatically generated legal documents may require further legal professional review to ensure their accuracy and legality. Furthermore, ChatGPT cannot replace the professional knowledge and judgment of human lawyers, especially in complex legal cases.

Ultimately, ChatGPT will bring automation and efficiency improvements to the legal world, but legal professionals still play an irreplaceable role, especially in situations that require in-depth legal analysis and strategic judgment. It can be a useful tool to help speed up the legal process and provide broader legal knowledge, but is unlikely to completely replace human legal professionals.

15.4 Government planning and intervention

European and American countries, especially the United States, a capitalist society, have gradually felt that the development of artificial intelligence requires government guidance or intervention, and they cannot allow large companies to develop their own wealth and accelerate wealth inequality. But in Asia, Taiwan needs to learn artificial intelligence from Europe and the United States on the one hand and government planning and leadership on the other.