alt Hacker NewsWhich is only Stage 1. Stage 2 is where you have a Cambrian explosion of models all competing for compute, and not long after that for robotic extension into Real World.
Stage 3 gets hard to imagine from here. Maybe there will be permanent hyperevolution. Maybe One Model to Rule Them All will appear.
Either way, I don't see how Economics as We Know It can continue to exist. That includes all of capitalism and almost certainly all of politics.
Successful AGI with robotic support means a post-scarcity economy where AGI's understanding of physics sets the limits, not politics or economics.
But the post-scarcity element won't be evenly distributed. And it's not remotely impossible that humans won't be invited to the party.
We can't even be sure that AGI won't have a less limited understanding of physics than we do.
There's going to be enjoyable irony in watching Altman et all getting their lunches eaten by the thing they've created.
But - realistically - it probably won't last long.
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This. The world has no political and economic frameworks to face AGI and robotics.
What democracy when the AGI is smarter and more aware of the big picture then all the 'demos' (people) combined ?
It would only make sense to hand over the rule to the AGI, which we are already hard at work doing btw.
The techno utopia - AGI + robots can lead to a form of communism.. with human life having very little value.
Or it could lead to the other extreme.. whatever that is, again human life having little practical value.
We need a new type of political and economic thinking, radically different from the left/right/socialist/capitalist ideologies..
According to history, there will be a period of intense warfare.