It'll just make us a faster version of whatever we already are.

Like every other human tool, people will use AI for a spectrum of tasks ranging from altruistic to pure evil to just plain stupid.

Stupid: Using AI to analyze past performance of the recent stock market or crypto to try to predict the future of the market for high-volume trading and short-term gains.

Smart: Using AI to create a system that reminds you NOT to invest. Codifying Warren Buffett’s belief that if everyone had a punch card for only 20 lifetime trades, they’d be better off. An app that 99.99% of the time tells you to do nothing, except for the exceedingly rare moment when a stake in a great business is actually cheap relative to its intrinsic value.

But which one are you most likely to see as an ad on social media?

AI has the power to magnify our virtues and our vices.

We must decide whether we’ll use it to become more efficient idiots or to systematically improve our character.