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By default, capital will matter more than ever after AGI

4 pointsby etr711155 months ago

1 comment

friend_Fernando5 months ago
Eh, no one really has any idea what production functions will look like in 30 years (assuming no mass extinction of any kind.)<p>The more interesting question is another. Half the population has IQ&lt;100. Assume a full-demagogy world where a majority can be manipulated to make any decision, voting or otherwise. Whose utility will be maximized?<p>It&#x27;s a chaotic, non-ergodic system. Expect a random-walk outcome. One particularly troubling end state is a world with 100 trillionaires, 100000 concubines, a bunch of coiffeurs and masseurs, and no other humans.