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It's impossible that people could have zero economic value. You'll notice that this is the premise of Atlas Shrugged. That's because it is usually profitable t
by astrange 4y ago
It's impossible that people could have zero economic value. You'll notice that this is the premise of Atlas Shrugged.
That's because it is usually profitable to trade with someone even if you are better at their job than they are.
However even if the AIs only traded with themselves, that just means the people are left to trade with each other - you can't make a mass of people unemployed for long, they will simply employ each other.
- G_z9 4y agoIt’s the premise of a shitty fictional book. Of course it’s possible. When humans are the best source of zero labor tasks, our economic value will be reduced to nothing and society will no longer cater to us. It’s bad.
- astrange 4y agoSociety frequently caters to the elderly who aren't actively engaged in labor. But humans will be, because we have inalienable comparative advantage in that none of our inputs require electricity or a chip fab. If anything happens to TSMC or any one of its tens of sole suppliers there go the AIs.
- G_z9 4y agoYes and we also feed dogs that have no labor input. And we harp on about social justice which is not totally related to labor. We have many nice things because we currently live in a human society and humans need to have nice things in order to be healthy and productive. Throwing old people into a giant blender as soon as they were no longer useful would not be advantageous. Your argument is that humans don’t need electricity. You could also add that humans are self replicating or self assembling. These are advantages in cost and efficiency. Humans won’t be the cheapest or the most efficient for very long after AGI. And we certainly won’t be the best fit economically even if we were slightly better in some ways. You’re in complete denial. Why is it so hard to admit the plain and obvious fact that the machines won’t be good for human society?
- astrange 4y ago"Best fit", "cheapest", "most efficient"… none of that matters! Please wait to panic until after you've learned how comparative advantage works. As I said, humans cannot become unemployed even if AGIs are better at every single task than humans are. You do not have your job because you are the best person in the world at your job. Although, I suspect most of the AI doomers have just forgotten to account for AI using any resources at all. They are very expensive to run if you count development costs, but if they become real agentic AGIs they'll also become consumerist and negotiate their pay…
- G_z9 4y ago[flagged]
- astrange 4y ago> Your mental gymnastics are Olympic level. Yes, when companies are hiring they do in fact choose the best candidate. You don't hire "the best person in the world" (absolute advantage), you hire the best person who accepts the job offer, or else noone. Anyone with something better to do won't take the job. Senior engineers don't take junior positions. Though of course it's not always the best person anyway - family businesses hire family or their friend's cousin, and interns aren't expected to be good at "their jobs" but instead to be good over time. If you're hiring someone specifically because they're good at one task, might as well get a contractor anyway. Nevertheless, US unemployment rate is about as good as it's ever been. So I suspect this fear is left over from the 2008 recession… > Are you familiar with the fact that things improve with time? And that technology ratchets forward, not backward. Yes, that's why it's good. Productivity enhancements and automation increases are associated with increased employment, because if you don't have them your entire country loses work to other countries. So the thing to be concerned about would be losing them.
- G_z9 4y agoI guess the respond button has a timer nowadays. Anyway, come debate me in twitter spaces. @fff_0x