How I Learned to Stop Worrying and Love the (AI)Bomb

My opinion on the subject of AI safety has to-and-fro'd from "not a concern" to "we are headed to our doom" to finally "it probably won't be as bad". My intention with this writeup is to provide some assurances that, although very much real, these risks would not become a concern if we assume that the basics of technical product development, safety engineering, and economic principles are followed. Let's first unpack what we mean by intelligence (artificial or not). Objectively, it is the ability to predict and/or to have control of the future for ones benefit. The farther the time horizon for this prediction and control, the more intelligent that entity is.