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Artificial Intelligence and the Shift of Human Trust
Yuval Noah Harari describes a significant societal shift where trust is being transferred from humans to artificial intelligence systems. While physical assets like chips or rare earth minerals can be manufactured or located, trust serves as an invisible infrastructure essential for the functioning of money, banking, governments, and democratic elections.
In the financial sector, this transition is already visible. A 2024 study by the Bank of England and the FCA found that 75% of responding businesses are using AI. This indicates rapid integration of algorithms into risk assessment and decision-making processes. The evolution suggests a move from using AI for information retrieval to granting it agency, such as delegating investment decisions to digital agents.
This shift extends to personal relationships, as AI systems offer constant availability and the ability to adapt their language to create a sense of intimacy, potentially altering how humans interact with technology and each other.
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Bank of England · Financial Conduct Authority · Yuval Noah Harari