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Strand: Morning Money
Programme: Thought for the Week
Presenter: Gavin Oldham
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Gavin Oldham

Thought for the Week: Democratising Copyright

Gavin Oldham
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Thought for the Week

Thought for the Week: Democratising Copyright
Satya Nadella, CEO of Microsoft, has called for an overhaul of copyright legislation to recognise the broad span of human creativity. It is indeed time to re-align the balance between sharing knowledge and ring-fencing ownership, but the quid pro quo is to provide mass participation in the wealth creation made possible by Generative Artificial Intelligence. John Maynard Keynes' experience of the two world wars of the 20th century showed how complacent attitudes amongst the wealthy led to these tragedies, and Gillian Tett has drawn a parallel with today's cocktail of globalisation, capitalism and rapid technological development. The Achilles' heel is still acute wealth polarisation, but mass participation could provide a way forward. Background music: 'Intellect' by Yung Logos

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Gavin Oldham

Thought for the Week: AI — An Exciting and Fearsome Tool

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: AI — An Exciting and Fearsome Tool
Tools have accompanied us since the dawn of humanity, but few are as exciting and fearsome as Artificial Intelligence. That's why the Pope chose to talk to G7 leaders last Friday about this swiftly developing technology with his plea that politicians need to ensure that it benefits every human being. Artificial Intelligence is just one of the long-term concerns included in our pre-General Election survey, asking your opinion on issues not included in party manifestos: these include linking inheritance levies directly to inter-generational rebalancing, transforming the UK's welfare system, and reforming the 'second chamber' to enable proper long-term review of legislation. Please take part! Visit https://www.smartsurvey.co.uk/s/FU34N0/ Background music: 'The New Order' by Aaron Kenny

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Gavin Oldham

Thought for the Week: 21st Century Elephant Traps

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: 21st Century Elephant Traps
In the old days we either telephoned someone for a quick answer to a question, or sent a letter which focused the attention of the recipient. Now huge volumes of emails fly across the net, and we're left waiting days for an answer. It may be cheap, but is it productive? Also — People think that debit cards are as safe as credit cards or direct debit authorities — until something goes wrong. And, if it's a continuous payment authority given to an overseas supplier, there's very limited protection available, beyond FCA guidance. Background music: 'Communicator' by Reed Mathis

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Gavin Oldham

Thought for the Week: Democratising AI Ownership

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Democratising AI Ownership
In a world absorbed with tension and conflict, it says something about the significance of AI that Rishi Sunak was able to host the conference at Bletchley Park, with government representatives from twenty-eight nations and eight leading Artificial Intelligence businesses. Warnings abound both within and outside the AI industry, including for its impact on employment, to which we referred nearly six years ago. However, is the Bletchley Park gathering just evidence of the rich and powerful flexing their muscles yet again to take control? Surely we should be looking for an alternative, offering mass participation in wealth creation and democratisation through distributed governance? Background music: 'Digital Solitude' by Silent Partner

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Gavin Oldham

Thought for the Week: Solving the AI Challenge to Wealth, Control and Intelligence

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Solving the AI Challenge to Wealth, Control and Intelligence
The huge take-up of ChatGPT over recent weeks has brought the challenge of Artificial Intelligence into sharp relief. As the Chief Executive of its creator, OpenAI, said in one of his blogs, 'Artificial Intelligence will bring unimaginable wealth but, unless something changes, most of us will get none of it. We need a radical solution'. Conventional wisdom sees Universal Basic Income as the way through this dilemma, but this will only bring us more state intermediation and human subservience. We can put forward a better solution, by enabling all to share in the wealth that technology brings and to play their part in its future governance. Background music: 'Digital Solitude' by Silent Partner

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