Great article, near the end it talks about where the money go and if there will be universal basic income. I think those paragraph had an assumption that if models get very smart all the money will go to big tech.

But, thanks to all the companies working on open-weight models, I'm starting to think this might no longer happen. Currently open-weights models are said to be just months behind the top players (and I think we should really try to do what we can to keep it that way).

I'm wondering what the predictions would be in the case where AI becomes very powerfull, but also models are generally available.

Two possibilities come to mind, the first one where all the money no longer spent on employment would go towards hardware. New hardware manufacturers or innovators could jump in and create a bit more employment, but eventually it would probably all progress in one direction, which is the only finite resource in the chain, the materials/minerals needed for the hardware. Those materials might become the new "petrol". It's possible that eventually we would have build enough chips to power all the AI we need without needing more extraction, but I wouldn't underestimate our ability to waste resources when they feel aboundant.

In the second possibility, alongside a very powerful open-weight LLM, there could be big performance advancements, which would make the hardware no longer the bottleneck. But I'm struggling to imagine this scenario, maybe we would all be better off? Maybe we would all just be deppressed because most people won't feel "usefull" to society or their peers anymore?