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by haxiomic
96 days ago
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You need to explain, from a systems point of view _why_ the gains must diffuse out as you suggest. We have analogs we can compare to: massive wealth injections through a natural resource such as oil. Now what happens to that wealth is not obvious; for some countries it's a curse with radical inequality and pernicious and robust power structures, in fewer it has been bestowed to the heritage of the people (think Norway) Now, the nature of AI is to change the balance of the labour trade. We have a notion of the “economic value of the average person” which is presently very high in the western world. What happens when the median figure drops through 0 thanks to AI? Do the remaining wealth owners share their wealth? How often does this occur in existing systems we can compare against? The cost of primary resources to products also goes toward 0, perhaps this offsets the decreasing economic power of the average person. But what forces protect them if their bargaining power is lost? |
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Especially because there's no a priori reason to expect it to occur "naturally". Strong inequality arises automatically in mathematical models.
http://www.scientificamerican.com/article/is-inequality-inev...