will AGI systems become so cheap to run and scalable that they will make it unviable to instead pay a human to do any work?
It is not enough for AIs to be better than humans at jobs defined in an overly narrow sense. Chess engines are much cheaper to run, and play much better than top chess human players, but these still have jobs.
It’s possible AGI will never become cheap and scalable enough for this to happen, but Tabarrok doesn’t ever really make an argument that this is so.
I agree Maxwell does not make that argument. On the other hand, humans eventually running out of jobs is not necessarily bad either. Huge automation would increase wealth per capita a lot, and this has been associated with improvements in human welfare per capita throughout history.
Thanks, Cody.
It is not enough for AIs to be better than humans at jobs defined in an overly narrow sense. Chess engines are much cheaper to run, and play much better than top chess human players, but these still have jobs.
I agree Maxwell does not make that argument. On the other hand, humans eventually running out of jobs is not necessarily bad either. Huge automation would increase wealth per capita a lot, and this has been associated with improvements in human welfare per capita throughout history.