The minute we have solved AGI, will we have solved economics as well? I would imagine that if you just pit 100,000 smart agents against each other with a virtual currency you could calculate the ideal government policies to maximise welfare.
Let's say the maslow hierarchy ranks needs according how productive they are with shelter and food at the bottom being the most productive and social needs at the top being the least productive.
By that logic we should be employing people according to their needs to achieve high productivity in the economy. If you have two employees and fire one the economy will shift away from the productive part of the economy to the less productive part because the second employee is no longer able to buy food. Income welfare exists for this very reason. To take the surplus of the first employee and reallocate it to food and rent. If we had "job welfare" then we would take the jobs and spread them out over more people.
Instead of, "oh you want to eat? too bad we won't let you work" it's "you eat, you work"
We might be most relevant to one as a source of raw materials:
Certainly not if you allow AGIs to be economic actors.