Intelligence vs Consciousness
Intelligence and consciousness are distinct ideas. The definitions of both are debated today and have been debated for hundreds of years. There is a difference between "human intelligence" and "machine intelligence". Humans and machines are different. To understand some of the differences, have a read of Understanding vs Interpretation.
When it comes to a machine, this is my definition of intelligence: Intelligence is the ability to perceive or infer information and reason with respect to that information using a known logic and known reasoning approaches and to retain that information as knowledge to be applied towards achieving specified goals and objectives within a specified environment or context (a.k.a. formal defined system with specified and known boundaries agreed to by a known set of stakeholders).
Per the new physics of finance, artificial intelligence can be seen as "A suite of technologies, enabled by adaptive predictive power and exhibiting some degree of autonomous learning, that have made dramatic advances in our ability to use machines to automate and enhance."
Consciousness involves self awareness, awareness of one's surroundings, the ability to have a subjective experience, experience feelings, and have other sensations. For example, the ability to feel pain, love, joy, happiness and having a sense of self would be examples of being conscious.
Is it possible for a machine to have human level consciousness? Well, here is the deal; someone can probably come up with a definition of consciousness and make a machine do that and then be able to say that a machine has consciousness. But the fact of the matter is that no one knows how to make a machine be conscious.
Again I point out that computers are dumb beasts. To get them to do useful work is hard; but possible. Personally, my expectation is that you can get a computer to achieve "human task performance". That is useful.
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