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1/2 Sure, this is probably nearer to my expertise. I research ML (generative models) and my partner is an economist, so we have these discussions quite a lot. I'll try to keep it short. The tldr is I don't know and I'm pretty sure no one knows, and I'm even more concerned about the lack of discussion. First off, I'd highly recommend watching the recent Dwarkesh video with Francois Chollete[0]. I normally wouldn't suggest Dwarkesh, but Francois is an oddball for that podcast. The reason I suggest this is to understand the difference between AGI and ML. It's probably important for the framing and making accurate predictions here. So while I don't think AGI is on the horizon (it could be, but we're reinforcing the railroad rather than exploring other paths), I do think there is still quite a potential for huge economic disruptions and entire paradigm shifts. You don't need AGI to get significantly closer (maybe even all the way) to post scarcity. For about a decade now I've been asking a simple question and I encourage others to ask it of people that they know. I need no credit, I need people thinking about this question, and to be quite serious about it. How do you function as a society if 10% of the workforce is unemployable?
There's a wide variety of ways this can be framed and I encourage you to explore those. 10% is arbitrary, but chosen because both 1) people think of that number as small and 2) that number represents depression level of unemployment rates (this balance seems to be optimal for initial conversations, so choose an appropriate number for who you talk to). But the reason I started asking this question is I was wondering "how do you transition to post scarcity?" Because in that framework, those jobs are not coming back. But that doesn't necessitate that there are no "jobs," but they wouldn't be in the conventional sense (see Star Trek for one version of this).I think post scarcity is obtainable and it is the number one problem humans should be working on right now. It comes with unimaginable benefits, but it also comes at potentially huge costs if we don't implement it correctly. You are right to be worried. But I think the difficulty here and what I often face when trying to ask this question is that it looks simple. UBI is by far the most common answer, but the way people answer "UBI" is no different than "wave a magic wand." There are many ways to implement UBI, many ways to distribute capital (which isn't only money. Remember money is a proxy, a fungible token). So the issue here is that often people will answer while only considering the question at a very surface level and then be satisfied and move on. This is a grave mistake, and we need to dig down into the details. There are many rabbit holes to dig into within this question, and I encourage you to go down some, but will also say that the question is so complex that I am quite certain that no single (or even small group) of human(s) could sufficiently resolve it. [0] https://www.youtube.com/watch?v=UakqL6Pj9xo |
These things not only include such aspects of distribution (if you choose to keep people alive (I've never heard anyone answer "let them die" fwiw. Even in the most libertarian groups)), which includes not only food, but even things like housing. You have to consider the immigration/emigration with whichever locality accomplishes this feat first. Peoples' psychology and how they will find meaning in their lives. Aspects like that it is quite possible that you can eventually have the inverse of the question with "how do you formulate a society when you require 10% of people to work, and no more?" (especially considering that many of those jobs would likely be undesirable). I'll let you ponder others.
So in this decade that I've been asking this question (often also talking about the motivation of transition to post scarcity), I've yet to receive a satisfactory answer. Everyone I've met, from many backgrounds and a wide range of intelligence levels (with many FAR more intelligent than myself) stumble upon answering this once any bit of complexity/nuance is brought up (see UBI above). Best I've heard is creation of jobs programs and a large increase of entertainers (but seems ML is coming after that too. But then again, we like to watch humans play chess against one another far more than machines). None of us were even satisfied with those answers more than "these might be enough to starve off the worst aspects of the transition, but certainly not enough."
It is extremely important to remember that it will not only be low skilled labor that will be displaced or automated away, but there is quite a bit of high skill (which is why retraining can be an unsatisfactory answer, because you're potentially pushing someone from a $300k+/yr job to $50k/yr and asking them to spend a few years to reskill themselves to do even that). In fact, because these machines aren't generalist agents, it actually makes high skill jobs the more likely ones to be displaced (specifically highly technical skills that are fairly routine). I find it common for people to think it will just be the "people already at the bottom", and I think this is often because people feel that they aren't and are mentally protecting themselves.
But I want to answer my personal belief on one part: what will people do with their lives. Because it is also the motivation to pursue this path.
I for one think post scarcity can create a new renaissance. That people can be the most human they have ever been. I think maybe at first many will slack off and just "veg out." That they'll party, travel, and do other such luxury things that we may not consider productive (but who cares? It is their life, right? The goal is to free people, and that includes freedom of the burden of labor). But I've seen very few people that actually don't get antsy after doing this for a few weeks. Essentially, they recover from their exhaustion and then feel like the need to do something, even if they don't know what that is (the exception to this, in my experience at least, is people who have or develop psychomotor retardation based depression. Which if our society calls these displaced people worthless, I expect this to be a fairly common outcome). But I think many people here on HN will realize that they themselves would not end up being static. The amount of Open Source software that exists by people who do this in their free time while already having a job that likely drains them, is too high. I expect more software to arise. I expect more art, more music. I hope we can form more communities, but we are ever increasing insular (but with more free time, maybe we'll go out more and talk to our neighbors more). I think it is hard to even know because such a society would look so different than ours and it is hard to not leverage our current frame of reference. Maybe it will be Wall-e-esk, but I'd be quite surprised if it was, especially in the long run (I won't be surprised in the short term. Oscillatory effects are quite common outcomes of big shifts).
Of course, I'm optimistic. I think we have to be to some degree. Because the other choice is to give up. You can still be critical and optimistic, so don't forget that. And humans have survived quite a long time already being, as you previously mentioned, incredibly inept and corrupt. Even with that we have gained massive amounts of freedoms, especially in the last few hundred years.
But my biggest worries are these:
So I have lots of worries, but I am optimistic. I have to be. And I understand this was a bit rambly, but I promise it is all connected. You asked a deceptively complex question, and the truth is that I'd need a book to properly explain why I don't have an answer and anyone trying to tell you that they do is selling you (and potentially themselves) something (even if that something is a mental safety blanket). So, do not go gentle into that good night.