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by badpun 825 days ago
Singularity will allow anyone with capital to employ large number of virtual geniuses, working tirelessly to solve their problems. This should vastly accelerate GDP growth (one researcher estimates it at GDP doubling every couple of weeks IIRC), but it will be result of capital investments, not labor. Which means, most of the benefits will go to those who had already capital before singularity. So, you should be saving and investing to prepare for that moment.