How much will cybersecurity costs rise?


Here is one (partial) estimate of the higher cyber costs.  I am not sure how many incidents they have in mind, but this seems to me quite realistic as an estimate but also rather modest relative to the Angst I am seeing?  Not quite “a Gilda Radner thing,” but if nothing else shows the usefulness of trying to be concrete.  Here is an estimate of $100 billion extra for the UK annually.  That is estimated as a twenty percent increase in UK cyber costs.  Also strikes me as plausible.  Brad Carson uses AI agents (hurrah!) to produce estimates.  He thinks I disagree with him, but I do not.  I just want to see exact numbers, and presented as a share of gdp, and then everybody can calm down just a wee bit.  And here are some superforecaster estimates.

On this topic, I am seeing so many mistakes in financial economics across social media, but I will not go through them all.  It suffices to note that very smart people have their minds turn to mush when this topic comes up, especially the “sell short” side of the matter.

There is also the “beware isolated demands for rigor” response.  I should not have to demand anything.  If you are pretty worried about AI, you should be dying (yes pun intended) to provide that rigor, whether or not it is provided elsewhere.

How about a new policy?: “All AI safety expressions of despair, grief, panic, anger, or insinuations thereof, with or without gifs, shall be accompanied by an estimated percentage of gdp footnote.”  Would inject some real sanity into the discussion and drain out some of the all too rampant emotions.




Source link

  • Related Posts

    Andrew Peller Limited Announces Shareholder Approval of Going Private Transaction

    Certain statements contained in this news release contain “forward-looking information” within the meaning of applicable securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs,…

    Human-Shaped Robots at This Car Factory Can Perform Humanlike Tasks

    new video loaded: Human-Shaped Robots at This Car Factory Can Perform Humanlike Tasks Humanoids — human-shaped robots — at this BMW factory in South Carolina are expected to respond to…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Current offers on the World of Hyatt credit cards

    Current offers on the World of Hyatt credit cards

    Election Live Updates: Primaries in Six States Pose Tests for Progressives and Trump

    Election Live Updates: Primaries in Six States Pose Tests for Progressives and Trump

    Apple’s 20th Anniversary All-Glass iPhone Is Still on the Menu, Report Says

    Apple’s 20th Anniversary All-Glass iPhone Is Still on the Menu, Report Says

    Leesa Mattress Review: Why The Natural Hybrid Is Worth It

    Leesa Mattress Review: Why The Natural Hybrid Is Worth It

    Statement by Minister Anand on flawed report released earlier this week concerning Canadian arms exports

    Statement by Minister Anand on flawed report released earlier this week concerning Canadian arms exports

    Andrew Peller Limited Announces Shareholder Approval of Going Private Transaction