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# AI: The Double-Edged Sword of Progress
- URL: https://www.thedigitalspeaker.com/ai-the-double-edged-sword-of-progress/
- Published: 2024-07-03T19:32:46.000Z
- Updated: 2026-07-27T05:28:38.000Z
- Description: What if AI's promise of prosperity comes with a 1% annual chance of doomsday?
- Author: Dr Mark van Rijmenam, CSP
- Tags: News, #seo-post-1

What if [AI](https://www.thedigitalspeaker.com/ai-speaker/)'s promise of prosperity comes with a 1% annual chance of doomsday?

Economist Charles Jones explores AI's potential for unprecedented growth versus its existential risks. AI could exponentially increase global incomes but also carries a significant danger.

For example, if AI spurred a 10% annual growth rate, global incomes could increase 50-fold over 40 years. However, if there’s even a 1% annual risk of AI causing catastrophe, is it worth it?

Jones' models suggest people might accept a one-in-three chance of AI-induced apocalypse for a 50-fold income boost. Should we gamble our future for prosperity, or is the risk too great?

Read the full article on [Insights by Stanford Business](https://www.gsb.stanford.edu/insights/what-point-do-we-decide-ais-risks-outweigh-its-promise?ref=thedigitalspeaker.com).

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