[charlie90]

money is just an abstraction over value, it is not value itself. if AGI is achieved, the AI labs will just use AGI to produce what they need instead of trading for it, which would include full vertical integration on all products.

[watwut]

No they wont, because producing requires more then just "intellingence". AGI itself produces nothing.

Also, if there are no money so 80%-100% of people move to barter instead of money to trade stuff. Same thing, just less effective.

[Marha01]

> No they wont, because producing requires more then just "intellingence".

What more does it require?

Spoiler: now you tell me what more is needed, and I would then tell you how to use intelligent robots to obtain it.

[watwut]

Land to mine from. And yes, you can use robot to beat up the owner and steal it. Then again, you dont need it to be intelligent to be violent.

[goatlover]

They will still need land, energy and resources. They will also be subject to the wrath of voters and angry unemployed mobs.

[Marha01]

> They will still need land, energy and resources.

Human-level robots can mine resources and build power plants.

Perhaps you need some initial land to build your first robotic base, but robots can also perform work to earn you money to buy more land afterwards.

[goatlover]

Everyone is not just going to be able to tell their robots to buy land where the precious minerals are.