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by cik 405 days ago
> So you don't mind if your economic value drops to zero, with all human labour replaced by machines?

This was the fear when the cotton gin was invented. It was the ear when cars were created. The same complaint happened with the introduction of electronic, automated, telephone switchboards.

Jobs change. Societies change. Unemployment worldwide, is near the lowest it has ever been. Work will change. Society will eventually move to a currency based on energy production, or something equally futuristic.

This doesn't mean that getting there will be without pain.

2 comments

Where did all the work-horses go? Why is there barely a fraction of the population there once was? Why did they not adapt and find niches where they had a competitive advantage over cars and machines?
The horses weren't the market the economy is selling to, the people are. Ford figured out that people having both time and money is best for the economy. We'll figure out that having all the production capabilities but none of the market benefits nobody.
The goal for AGI/ASI is to create machines that can do any job much faster, better, and cheaper than humans. That's the ultimate end point of this progress.

The economic value of human labour will drop to zero. That would be an existential threat to our civilization.