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by stratos123
2 days ago
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I don't think this scenario makes sense. It's one of a class of scenarios I've seen several of, that simultaneously assume: A) ASI is developed and massively overshadows the rest of the world economy
B) the world still has rule of law, contracts, business, well-developed finance, etc
You can get to a lot of weird conclusions if you assume both A and B, but I think the much more likely scenario is that if A happens, B stops being true in short order. If you are a company and you have ASI, you just stop caring about business and money and economics, and your outcomes instead start looking like "you conquer the world" or "you upload the board of directors to a fleet of von Neumann probes" or "you messed up, everyone dies". |
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There will be a period of time where markets attempt to run in a business-as-usual way while the transactions that matter happen as power-sharing arrangements - spots on the "AI Governance Board" or the "uploaded to von neumann probe" club. Markets will still matter in that the labs will need the state to overturn market obstacles to control of the world.
The existence of the A-B overlap also suggests to me that the US-China gap is less dire for China than it appears - they may be able to use their superior industrial, robotics, and scientific base to win the second leg of the race despite losing the first.