Now, the nature of AI is to change the balance of the labour trade. We have a notion of the “economic value of the average person” which is presently very high in the western world.
What happens when the median figure drops through 0 thanks to AI?
Do the remaining wealth owners share their wealth? How often does this occur in existing systems we can compare against?
The cost of primary resources to products also goes toward 0, perhaps this offsets the decreasing economic power of the average person. But what forces protect them if their bargaining power is lost?
Especially because there's no a priori reason to expect it to occur "naturally". Strong inequality arises automatically in mathematical models.
http://www.scientificamerican.com/article/is-inequality-inev...
Late 18th century France has a historical point of view as to why the gains will diffuse out if the median person has no food.
Do we? I mean, isn't "because they always have" enough of an argument on its own?
I am hardly a libertarian ideologue nor AI-first LLM jockey. But I do think people tend to catastrophize too much. Blacksmiths were killed dead by the industrial revolution. "Secretary" is a forgotten art. It's been decades since an actuary actually calculated a sum on an actual table. And the apocalypse didn't arrive. All those jobs, and more, were backfilled by new stuff that was previously too expensive to contemplate. We're eating at more restaurants. We can find jobs as content creators and twitch streamers.
Life not only goes on after rapid technological change, it improves. That's not to say that every individual is going to appreciate it in the moment or that regulation and safety net work needs to happen at the margins. But, we'll all be fine.
AGImageddon is, at its core, just another economic phenomenon driven by technology. And that's basically always worked to society's benefit over the long term.
That all gets waived away with 'always worked to society's benefit'. It took almost 70 years and the post WW2 destruction of the rest of the worlds economies/infrastructure to create that 1950s American suburbanite world. 'always worked to society's benefit over the long term' is just handwaving not based on the reality of adapting, or if those societies even wanted to join in.
Because not all peoples/nations even had a choice. Japan among many originally opted out. But they were forced to 'modernize'. Peoples around the world were forced into the industrial world by railroads and machine guns and the industrial need for rubber/banana whatever plantations or lumber or strip mines. Once one nation passed through the door, every nation had to follow or be subjugated.
We have to be very careful about fallacies of division.
That's... just not remotely true, unless you're talking about it as a maybe-it-happened-to-someone story. In fact it's basically a lie.
Every income group in the US (and recognize that "blacksmiths" represent skilled trades workers who earned well above median and had for thousands of years!) saw huge, huge, HUGE increases between 1880 and 1950. I mean... are you high?
> It took almost 70 years and the post WW2 destruction of the rest of the worlds economies/infrastructure to create that 1950s American suburbanite world.
Again, big citation needed on this one. Western Europe was very close to US quality-of-life numbers by the 60's, and the more successful nations started to pass it in the 90's. (Also recognize that the US had already pulled ahead in the 30's, Germany and France were lagging even before the war). You're looking at something along the lines of a decade to rebuild, tops.
What forces act on this trend? How can we make predictions? An interesting metric, which tracks the aggregate of many complex factors is the distribution of wealth, which could be seen as proxy for the distribution of power or agency of a person in their society. Median income as a fraction of total wealth decreased nearly 50% in real terms over this same period. [3]
Now inversely, during the period where life quality increased most the last century (1920 - 1980) inequality was _falling_.
How is super-human AI advanced through 2030, 2040, 2050 likely to affect things? Will it sharpen the inequality or relax it?
With AI the cost of raw resources to products goes down, but it's likely inequality increases. It's not obvious which force has a bigger impact on human quality of life as things shake out. However, I think the strongest argument – which also explains the steady improvements in QoL through previous changes you mentioned – has been to follow inequality, or median share of power in society.
- [0] https://www.numbeo.com/quality-of-life/indices_explained.jsp
- [1] https://www.socialprogress.org/social-progress-index
>- [0] https://www.numbeo.com/quality-of-life/indices_explained.jsp
It's hard to take that metric seriously when the top city is Raleigh, NC. If that were the best city you'd expect people to vote with their feet and move their in droves.
Over time with the speed of technological development compounding on itself, the rate of change becoming much more acute, there's a debate to happen on the "what if this change happens over 5-10 years"? Can you imagine a world where in 10 years most well-paid office jobs are automated away, there's no generational change to re-educate and employ people, there would be loads of unemployable people who were highly-specialised to a world that ceased to exist, metaphorically overnight in the span of a human life.
Pushing this concern away with "it happened in history and we're fine" leaves a lot of room for catastrophising, at least a measured discussion about this scenario needs to be had, just in case it happens in a way that our historical past couldn't account for. No need to be a doomer, nor a luddite, to have the discussion: can we be in any way prepared for this case?
[1] "Blacksmithing" didn't disappear, obviously, but it survives as an expert craft for luxury goods. That's sort of what's going to happen to "hacking" in the future, I suspect.
[2] Likewise, some of the best positions survived as "personal assistants" for executive staff too lazy to learn to type. Interestingly these positions are some of the first being destroyed by the OpenClaw nonsense.