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Giving and social interaction (of at least some kinds) are not immediately at risk. What's at risk is the participation of some large groups of people in trade. Ultimately the value of a person's labor depends on scarcity, just as the trade value of things or experiences do, and we've seen how lack of scarcity makes trade value crash. (The value of the Humble Bundle and Cory Doctorow's books depends on "giving" more than "trade", and the latter at all only due to information asymmetry.) The storm coming is that when we have duplicable, cheap, general AI, the value of any act of production will plummet to the cost of copying a mind and running it. Actually, that's already the case, but the cost of producing a new mind is quite high, now. :) When people talk about automating everything we now do (or can do), pro-automation people often say "well, comparative advantage means that there will always be something for humans to do to live", but comparative advantage depends on scarcity of productive agents. If copying and running an AI to solve a problem is cheaper than employing an already existing human, humans are in trouble, economically. Dunno what to do about it, though. |
When we have a general AI, it is likely it will start to optimize the world according to its programming. One such optimization would be to code an even more efficient AI (we assume the AI is a better programmer than its human fathers and mothers). And so on, until FOOM, we have a super-intelligence, capable of taking over computers, convincing humans, build companies, take over means of production, inventing means of productions, and basically take over the world.
And of course, it will be unstoppable.
Now let's just hope that the original such AI have no bug, especially in its goal system, and let's hope further that it's initial goals are exactly in line with humanity's. We wouldn't want clippy to tile the solar system with paper clips. Or Smiley to do the same with molecular smileys (as a proxy for human happiness). Or Hal9000 to do the same with ultra-efficient computing devices so it can solve the Riemann Hypothesis… Which would have the unfortunate side effect of killing us all.
To the extent you don't believe in intelligence explosion, Robin Hanson describe the kind of world we could have. I dare say, it's not pretty.