A dangerous master : how to keep technology from slipping by Wendell Wallach

By Wendell Wallach

We are living in an age of notable technological strength. From nanotechnology to man made organisms, new applied sciences stand to revolutionize complete domain names of human adventure. yet with notable strength comes notable possibility: drones can convey a bomb as simply as they could a brand new phone; makers and hackers can 3D-print weapons in addition to instruments; and supercomputers can short-circuit Wall highway simply as simply as they can Read more...

summary: we are living in an age of extraordinary technological power. From nanotechnology to man made organisms, new applied sciences stand to revolutionize entire domain names of human event. yet with extraordinary capability comes impressive danger: drones can bring a bomb as with no trouble as they could a brand new cellphone; makers and hackers can 3D-print weapons in addition to instruments; and supercomputers can short-circuit Wall highway simply as simply as they could deal with your portfolio.One factor those applied sciences cannot do is resolution the profound ethical matters they increase. Who may be held dependable once they get it wrong? What accountability do

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To avert a future flash crash, additional circuit breakers that automatically kick in when errant trades are detected were built into the stock markets. Nevertheless, on August 1, 2012 a “rogue algorithm” from Knight, a company that specializes in computer-driven trading, tendered buy and sell orders for millions of shares in 148 different companies before the circuit breakers halted trading. The major harm was to the trading company Knight and its clients, who lost $440 million in less than an hour.

5000, or e-mail special. com. Text design by BackStory Design Cataloging-in-Publication data for this book is available from the Library of Congress. ISBN: 978-0-465-04053-7 (eBook) 10 9 8 7 6 5 4 3 2 1 For Gert, who wanted his children to follow him into medicine or become scientists. However, he spent our time together at the dinner table discussing history, politics, and ethics. To the members and the presenters at meetings of the Technology and Ethics study group at Yale University’s Interdisciplinary Center for Bioethics.

Bowing to political and economic imperatives is not sufficient. Nor is it acceptable to defer to the mechanistic unfolding of technological possibilities. In a democratic society, we—the public—should give approval to the futures being created. At this critical juncture in history, an informed conversation must take place before we can properly give our assent or dissent. INFLECTION POINTS While it is still too soon to measure the broader effects of new technologies, we do have various opportunities to mitigate the damages and preserve the benefits.

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