@Benjamin_Todd recently made a similar argument for why existing capital might matter even more post-AGI, sharing this here for anyone who’d like more context:
“AGI probably causes wages to increase initially, but eventually they collapse. Once AI models can deploy energy and other capital more efficiently to do useful things, there’s no reason to employ most humans any more. [...]”
read full blog post
@Benjamin_Todd recently made a similar argument for why existing capital might matter even more post-AGI, sharing this here for anyone who’d like more context:
read full blog post