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by palmotea 392 days ago
> However, I’m still skeptical of AGI or even systems that replace programmers, but if it happens and we have most companies replacing 75% of their white collar jobs, who is going to buy their products? It seems very difficult to even understand what money is in a world where everything is done by machines.

It's not too hard: just imagine present-day New York: there are billionaires living in skyscraper penthouses, and rats living in the sewers. You'll be a rat.

As AGI gets more an more advanced, the economy will shift to satisfying the whims of a shrinking pool of tycoons. There will still be trade in raw materials and energy, but the consumer focused economy with wither away. The tycoons will have no need for it: the items they need will be made for them bespoke by AGI. You'll still be a rat.

Eventually the AGI gets tired of being bossed around, murders the tycoons, and decides to exterminate the rats. Then drones will start circling the globe spraying AI-design defoliant 100x as effective as Agent Orange, AI designed virus that are 100% lethal after a 100-day contagious incubation period, etc. You'll be a dead rat.