The World Economic Forum in Davos Switzerland just wrapped up its annual gathering. It isn’t hard to make fun of this yearly coming together of the global economic and cultural elites who rule the world, or at least think they do.

A comment by one of the journalists covering the event summed up how even those who really do in some sense have the fate of the world in their hands are as blinded by glitz as the rest of us: rather than want to discuss policy the question he had most been asked was if he had seen Kevin Spacey or Bono. Nevertheless, 2016’s WEF might go down in history as one of the most important, for it was the year when the world’s rich and powerful acknowledged that we had entered an age of transhumanist revolution.

The theme of this year’s WEF was what Klaus Schwab calls The Fourth Industrial Revolution a period of deeply transformative change, which Schwab believes we are merely at the beginning of. The three revolutions which preceded the current one were the first industrial revolution which occurred between 1760 and 1840 and brought us the stream engine and railroads. The second industrial revolution in the late 19th and early 20th centuries brought us mass production and electricity. The third computer or digital revolution brought us mail.frames, personal computers, the Internet and mobile technologies and began in the 1960s.

The fourth revolution whose beginning all of us are lucky enough to see includes artificial intelligence and machine learning, the “Internet of things” and it’s ubiquitous sensors, along with big data. In addition to these technologies that grow directly out of Moore’s Law, the Fourth Industrial Revolution includes rapid advances in the biological sciences that portend everything from enormous gains in human longevity to “designer babies”. Here too we find our rapidly increasing knowledge of the human brain, the new neuroscience, that will likely upend not only our treatment of mental and neurodegenerative diseases such as alzheimer’s but include areas from criminal justice to advertising.

If you have had any relationship to, or even knowledge of, transhumanism over the past generation or so then all of this should be very familiar to you. Yet to the extent that the kinds of people who attend or follow Davos have an outsized impact on the shape of our world, how they understand these transhumanist issues, and how they come to feel such issues should be responded to, might be a better indication of the near term future of transhumanism as anything that has occurred on the level of us poor plebs.

So what was the 1 percent’s take on the fourth industrial revolution? Below is a rundown of some of the most interesting sessions.

One session titled “The Transformation of Tomorrow” managed to capture what I think are some of the contradictions of those who in some respects feel themselves responsible for the governance of the world. Two of panel members were Sheryl Sandberg COO of Facebook, and the much lesser known president of Rwanda Paul Kagame. That pairing itself is kind of mind bending. Kagame has been a darling of technocrats for his successful governance of Rwanda. He is also a repressive autocrat who has been accused of multiple human rights abuses and and to the dismay of the Obama administration managed to secure through a referendum his rule of Rwanda into the 2030s.

Kagame did not have much to say other than that Rwanda would be a friendly place for Western countries wishing to export the Fourth Industrial Revolution. For her part Sandberg was faced with questions that have emerged as it has become increasingly clear that social media has proven to be a tool for both good and ill as groups like Daesh have proven masterful users of the connectivity brought by the democratization of media. Not only that, but the kinds of filter bubbles offered by this media landscape have often been found to be inimical to public discourse and a shared search for Truth.

Silicon Valley has begun to adopt the role of actively policing their networks for political speech they wish to counter , but Sandberg did not discuss this but rather attempts to understand how discourses such as that of Daesh manage to capture the imagination of some and to short-circuit such narratives of hate through things such as “like attacks” where the negativity of websites is essentially flooded by crowds posting messages of love.

It’s a nice thought, but as the very presence of Kagame on the same stage with Sandberg while she was making these comments makes clear: it seems blind to the underlying political issues and portends a quite frightening potential for a new and democratically unaccountable form of power. Here elites would use their control over technology and media platforms to enforce their own version of the world in a time when both democratic politics and international relations are failing.

Another panel dealt with “The State of Artificial Intelligence.” The takeaway here was that no one took Ray Kurzweil ’s 2029 – 2045 for human and greater level AI seriously, but everyone was convinced that the prospect of distribution to the labor force from AI was a real one that was not being taken seriously by policy makers.

In related session titled “A World Without Work” the panelists were largely agreement that the adoption of AI would further push the labor force in the direction of bifurcation and would thus tend, absent public policy pushing in a contrary direction, to result in increasing inequality.

In the near term future AI seems poised to take middle income jobs- anything that deals with the routine processing of information. Where AI will struggle making inroads is.in low skilled, low paying jobs that require a high level of mobility- jobs like cleaners and nurses. Given how reliant Western countries have become on immigrant labor for these tasks we might be looking at the re- emergence of an openly racist politics as a white middle class finds itself crushed between cheap immigrant labor and super efficient robots. According to those on the panel, AI will also continue to struggle with highly creative and entrepreneurial tasks.

At some point the only solution to technological unemployment short of smashing the machines or dismantling capitalism might be the adoption of a universal basic income which again all panelist seemed to support. Though as one of the members of the panel Erik Brynjolfsson pointed out such a publicly guaranteed income would provide us will only one of Voltaire’s three purposes of work which is to save us from “the great evils of boredom, vice and greed.” Brynjolfsson also wisely observed that the question that confronts us over the next generation is whether we want to protect the past from the future or the future from the past.

The discussions at Davos also covered the topic of increasing longevity. The conclusions drawn by the panel “What if you are still alive in 2100?” were that aging itself is highly malleable, but that there was no one gene or set of genes that would prove to be a magic bullet in slowing or stopping the aging clock. Nevertheless, there is no reason human beings should be able to live past the 120 and so year limit that has so far been a ceiling on human longevity.

Yet, longevity itself poses problems. Even extending current longevity estimates of those middle-aged today merely to 85 would bankrupt state pension systems as they are now structured. Even here we will probably need changes such as workplace daycare for the elderly and cities reengineered for the frail and old.

By 2050 upwards of 130 million people may suffer from dementia. Perhaps surprisingly technology rather than pharmaceuticals is proving to be the first order of defense in dealing with dementia by allowing those suffering from it to outsource their minds.

Many of the vulnerable and at need elderly will live in some of the poorest countries (on a per capita basis at least) on earth: China, India and Nigeria. Countries will need to significantly bolster and sometimes even build social security systems.

Living to “even” 150 the panelists concluded would have a revolutionary effect on human social life. Perhaps it will lead to the abandonment of work life balance for women (and one should hope men as well) so that parent can focus their time on their children during their younger years. Extended longevity would make the idea of choosing a permanent career as early as one’s 20s untenable and result in much longer period of career exploration.

Lastly, on my part there was a revealing panel on neuroscience and the law entitled “What if your brain confesses?” panelists there argued that Neuroscience is being increasing used and misused by criminal defense. Only in very few cases – such as with tumors can we draw a clear line between underlying neurological structure and specific behavior.

We can currently “read minds” in limited domains but our methods lack the kinds of precision and depth that would be necessary for standards questions of guilt and innocence. Eventually we should get there, but getting information in, as in Matrix kung-fu style uploading, will prove much easier than getting it out. We’re also getting much better at decoding thoughts from behavior- dark opportunities for marketing and other manipulation. Yet we could also use this more granular knowledge of human psychology to structure judicial procedures to be much more free from human cognitive biases.

The fact that elites have begun to seriously discuss these issues is extremely important, but letting them take ownership of the response to these transformations would surely be a mistake. For just like any elite they are largely blinded to opportunities for the new by their desire to preserve the status quo despite how the revolutionary the changes we face open up opportunities for a world much different and better than our own.

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