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Techno-feudalism and the rise of AGI: A future without economic rights?

(arxiv.org)
207 points lexandstuff | 2 comments | 05 Jul 25 21:19 UTC | HN request time: 0.491s | source
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VikRubenfeld ◴[06 Jul 25 02:46 UTC] No.44477409[source]▶
Is a future where AI replaces most human labor rendered impossible by the following consideration:

-- In such a future, people will have minimal income (possibly some UBI) and therefore there will be few who can afford the products and services generated by AI

-- Therefore the AI generates greatly reduced wealth

-- Therefore there’s greatly reduced wealth to pay for the AI

-- …rendering such a future impossible

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1. Davidzheng ◴[06 Jul 25 03:19 UTC] No.44477547[source]▶
no the AI doesn't actually need to interact with world economy it just needs to be capable of self-substence by providing energy and material usage. But when AI takes off completely it can vertically integrate with the supply of energy and material.

wealth is not a thing in itself, it's a representation of value and purchasing power. It will create its own economy when it is able to mine material and automate energy generation.

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2. greenavocado ◴[06 Jul 25 13:46 UTC] No.44480789[source]▶
You aren't seeing the end goal clearly enough.

The end goal is to ensure the survival of a small group of technocrats that control all production on Earth due to the force multiplier effect of technological advancements. This necessitates the depopulation of Earth.