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

(arxiv.org)
219 points lexandstuff | 1 comments | 05 Jul 25 21:19 UTC | HN request time: 0.209s | 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

replies(7): >>44477457 #>>44477464 #>>44477547 #>>44478012 #>>44478067 #>>44478249 #>>44481203 #
1. tsunamifury ◴[06 Jul 25 14:43 UTC] No.44481203[source]▶
Wealth will be replaced by direct power. We do not need an economy.

Most don’t seem to comprehend why the economy is being destroyed by the ultra rich