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Does anyone take him at face value anyway? The other issue is that AI's 'boundless prosperity' is a little like those proposals to bring an asteroid made of go
by jacknews 2y ago
Does anyone take him at face value anyway?
The other issue is that AI's 'boundless prosperity' is a little like those proposals to bring an asteroid made of gold back to earth. 20m tons, worth $XX trillion at current prices, etc. The point is, the gold price would plummet, at the same time as the asteroid, or well before, and the promised gains would not materialize.
If AI could do everything, we would no longer be able (due to no-one having a job), let alone willing, to pay current prices for the work it would do, and so again, the promised financial gains would not materialize.
Of course in both cases, there could be actual societal benefits - abundant gold, and abundant AI, but they don't translate directly to 'prosperity' IMHO.