There has been so much hype about artificial intelligence that rock-star historian-turned-futurist Yuval Noah Harari thinks that man (Homo sapiens) will evolve into Homo deus – almost god-like through technology and science, conquering famine, war and possibly even death. We used to suspend belief through science fiction, until large parts of the gadgets that we watched in “Star Trek” in the 1960s become reality.

With the ability of computers to beat the best human Go champion, science fiction is becoming reality. The computer AlphaGo can not only learn from humans, but play and learn from games against itself. The machines are getting smarter than all of us. The reason “Star Trek” and other sci-fi movies are so popular is because they explore in an entertaining way all the moral dilemmas of science. Will robots end up killing their makers?

When we intervene in a new planet, do we not kill off or change irreversibly their life forms? As science and technology advances to the point where we can edit our genes, we can create either extended life or new monster Frankensteins.

The first thing to remember about AI is that it is a derivative of human intelligence. AI is the result of cumulative human knowledge, with each discovery, each process, each innovation, each new institution leading to the opening of new fields of knowledge. We are at the edge of an explosive field of new knowledge.

Current artificial intelligence is the discovery that knowledge advances through algorithms, defined as “a methodical set of steps that can be used to make calculations, resolve problems and reach decisions” (Hariri, 2015, pg. 83). You can program a computer or robot a set of algorithms, learning to learn and learning to adapt. Perhaps computers can even learn how to identify and write algorithms. The first thing you should remember is that human beings evolve through learning and adaptation. That artificial intelligence evolved from human intelligence is exactly like humans inventing the first dumb tool, then a smart tool.

Today, the smartphone is the “one device to rule them all,” paraphrasing J.R.R. Tolkien’s “Lord of the Rings.” Indeed, the iPhone is already loaded with sensors to read maps, monitoring your heartbeat and steps for health and Siri can answer your dumb questions, with often dumb answers! You don’t need a smart car full of things that you need to program from scratch. You simply need to plug in your smartphone to rule your car. Whether you master the full capacity of your iPhone is another matter.

The speed of AI and technology in general has been such that there are even those who think that this is the end of manufacturing, and therefore the end of manufacturing in China. Extrapolating in a linear fashion is the common mistake that futurologists make. History does not evolve in a straight line, but is shaped by conflicting and cooperative forces the drive the evolution in a nonlinear manner. The present is a derivative of the past, just as the future will be a derivative of both the past and the present.

Events unfold in manners man has not been able to predict with accuracy. Using big data and probability mathematics, AI enables us to extrapolate based on the best knowledge available, but there will always be an element of uncertainty — both known unknowns and unknown unknowns, including the unknowable. In his 1945 paper, “The Use of Knowledge in Society,” Nobel laureate philosopher and economist Friedrich Hayek understood better than any of his contemporaries that knowledge does not come coherently or rationally, but in “dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess.” Thus, even the biggest AI computer cannot play “deus ex-machina.”

It simply does not compute (from all the uncertainties around). Mortal beings therefore need not feel dumb or numb about smart machines. The threat is not from machines, but other human beings using smarter and better AI robots as tools to reach speed, scale and scope. This is not about man versus machine, but man versus man (plus machines).

The competition between man (and today, the nation-state) is such that every country is trying to devise its own Industry 4.0 plan. The AI battle has only just begun. Hayek’s central insight is that we simply cannot build the ultimate planning machine, because the market or economic order works on the basis of millions (if not trillions) of decentralized decisions (economic and noneconomic) that is superior to the “Mother of all Machines.” He argues that “in a system where the knowledge of the relevant facts is dispersed among many people, prices can act to coordinate the separate actions of different people in the same way as subjective values help the individual to coordinate the parts of his plan.”

The irony of the world today is that in a situation of disorder, order wins, and in a situation of order, disorder wins. We are in a situation whereby the unipolar order is moving into a multipolar order. The US is the leading technology nation, but others are catching up. President Trump, who claims to have the highest IQ of his team, has so far been held in a stalemate by Kim Jong-un, because even if the US is far larger and more powerful economically and militarily than North Korea, the fact that the latter possesses nuclear bombs changes the game. In other words, you can be IQ smart, but EQ (emotional intelligence) dumb. Street smarts always beat academically smart. Hillary Clinton never understood why she lost to Donald Trump.

It was her game to lose and she lost it, despite all her own excuses. Her consolation prize is to write best-sellers that explain her own inadequacies. It never was an equal world. Survival has always been either eating lunch or being lunch.

The dumb ones that do not learn become lunch, but as the holy books claim, “the meek shall inherit the earth.” How much the meek shall inherit has never been properly explained in the holy books.

(The writer, a former Central banker, writes on global issues from an Asian perspective. Special to ANN.)