Rate, review and subscribe to Equity Mates Investing on Apple Podcasts 

Why humans beat computers at jumping into the unknown

@EQUITYMATES|31 January, 2021

Monday 1 February 2021

Two trends are intersecting that are causing humans to doubt their intelligence. Firstly, the increasing application of mathematical techniques to a growing number of fields traditionally outside the reach of maths departments. Secondly, the increasing ability of artificial intelligence to solve mathematical challenges. Together, they are increasing concern that, at some point in the future, artificial intelligence will be able to make better decisions and understand the world better than human brains ever could. 

Two economists, John Kay and Mervyn King, are pushing back on this line of thinking and arguing that while artificial intelligence will be better at solving mathematical puzzles, human minds will always be better suited to the radical uncertainty that exists in the broader world.  They argue that human minds will always be better at understanding context outside strict mathematical frameworks and will be better at making decisions when so much is unknown. In the absence of precise and complete data sets, they argue there will always be a role for human intelligence and decision making, regardless of how powerful artificial intelligence becomes. 

As these two economists write: 

“The idea that our intelligence is defective because we are inferior to computers in solving certain kinds of routine mathematical puzzles fails to recognise that few real problems have the character of mathematical puzzles.”

More About

Leave a Reply

Get the latest

Receive regular updates from our podcast teams, straight to your inbox.

The Equity Mates email keeps you informed and entertained with what's going on in business and markets
The perfect compliment to our Get Started Investing podcast series. Every week we’ll break down one key component of the world of finance to help you get started on your investing journey. This email is perfect for beginner investors or for those that want a refresher on some key investing terms and concepts.
The world of cryptocurrencies is a fascinating part of the investing universe these days. Questions abound about the future of the currencies themselves – Bitcoin, Ethereum etc. – and the use cases of the underlying blockchain technology. For those investing in crypto or interested in learning more about this corner of the market, we’re featuring some of the most interesting content we’ve come across in this weekly email.