If AI grabs everything and few consumers are left then it is zero-sum.
I'm looking forward to seeing how this might play out. Pessimistically, it seems very bubblish.
I looked for any comments that expressed this sentiment, and as of writing this, I only found one. It's like people don't know or remember history. I mean, look at the French Revolution—look at every other revolution. I kept waiting for the article to mention political changes, but it was only about capital and what to invest in, as if capitalism is something that will survive superintelligence (I mean real superintelligence, not chatbots).
What do these people think—that 99% of the population will just become beggars? Sooner or later, all capital will be overtaken by the state, because the main argument against it - inefficiency, will no longer apply. People will vote on AI-generated proposals for energy distribution, so basically where as society we want to allocate it. Budgets will no longer be about how much money we want to spend, but about how much energy we want to allocate.
Private capital and private companies stop making sense when you have a superintelligence that is smarter than any human and can continuously improve itself. At that stage, it will always allocate resources more efficiently than any individual or corporation.
Leaving that kind of power in the hands of the wealthiest 1% means only one thing: over time, 100% of land and resources would end up controlled by that 1%, the new kings, making the rest of the society their slaves forever.
Isn’t this exactly what has happened all through out history? I don’t really see the future playing out any differently.
This kind of magical thinking still baffles me.
This is sci-fi. There is absolutely zero evidence that such a thing is actually possible to create. Even if we stipulated that LLMs are AGIs, or can become them if we just cram in a few billion more parameters, it's painfully clear that they are not superintelligent, they cannot improve themselves, and there is no credible pathway to them becoming anything of the sort—not to mention they're already guzzling absurd amounts of energy, and taking up massive amounts of hardware, just to do the bad job they do now.
>> (I mean real superintelligence, not chatbots)
There is no AI that has consciousness. There is no AI that has human-level intelligence. We have no idea what it would take to build either of these things. Even if we were able to build either of these things, that does not automatically mean it is, or could ever become, superintelligent.
Your whole post is basically equivalent to saying "when the aliens come, and give us their technology, but enslave us all, capitalism will become irrelevant".
It feels truthy to say that we are close to the Singularity, but it's effectively a religious position. It has no basis in fact whatsoever.
Doesn't change the argument, merely its direction! ^_^
With that being said, most of my friends are senior software devs and they think the same thing is bound to happen.
We often joke about starting a falafel restaurant or such before it is too late. I think it will take way, way longer for AI to make good falafel than it will take to replace software engineers.
they will just become dead.