Recent comments in /f/singularity

CellistDouble3772 t1_j64tz05 wrote

I disagree. The problem is that the government doesn't really know what they're doing or the unintended consequences, whether it's all well intentioned or not.

Case in point, the 2008 financial crisis was caused because for decades the government incentivesd irresponsible behavior from banks. Well intentioned or not, it pretty much destroyed the world's economy.

If you put price ceilings on things, you're just going to have people stop building houses, stop producing gas and groceries.

The real key is to let competitionand technology drive prices down.

For example, when 3d printing houses becomes the norm and companies can print entire neighborhoods of houses for a fraction of the cost in a fraction of the time, prices will naturally drop. And then lab grown beef and vertical farming will reduce the amount of farmland needed and therefore land prices will decrease. Creating price ceilings on things will only retard the development of these things.

Ultimately, in the next few decades, the only true store of value will be things that technology or governments can nit make more of cheaply. So, think gold and bitcoin. However, you will never find more bitcoin at the bottom of the ocean or on asteroids...

1

Lawjarp2 t1_j64qskx wrote

Rents will go down in large urban centers. Why would you pay more to get less?

Prices of everything will eventually be driven down to zero through the massive increase in productivity.

Resources are not scarce, energy is. Fusion and other methods could solve the same. We sit on the biggest rock in the solar system, minerals are abundant. With enough energy you can refine anything from dirt.

2

TwitchTvOmo1 t1_j64qrta wrote

Same way every corporation exploits someone else's invention for profit.

Idea think tanks. Identify a problem. Then come up with an idea (leveraged by that invention, in this case AGI) that solves the problem. Package that idea into a product (software or hardware). Sell product.

Now you might ask, "But isn't AGI GENERAL intelligence? Meaning that with just 1 product that utilizes AGI to its fullest, you will never need another product ever again?"

You're not wrong. But the conspiracist in me tells me companies might try to gimp AGI intentionally so they can have multiple "different" products using the same technology, instead of 1 holy grail of all products that you only sell once. The only hope of eliminating this conspiracy is... You guessed it, competition. As long as more than 1 company gets their hands on it, the "ultimate product" of AGI is unavoidable, as one company will always try to outdo the other's product.

4

JVM_ t1_j64qr98 wrote

There's a scenario I've read where AI takes over the global stock markets - not directly intentionally though. They instruct the AI to make fabric as cheap as possible (or some product, I can't remember which).

The AI learns where fabric comes from and starts to take over the needed resources so that it can optimize it's fabric - but it eventually just grows and grows until it 'attacks' the entire global market to achieve it's goal of making cheaper fabric....

Anyone know what I'm talking about?

9

ShadowRazz t1_j64q8hf wrote

I imagine that AI becomes a part of daily life similar to the internet and maybe even as important to the future modern world as electricity. Try to imagine life without electricity.

Politics, economics, culture, art, music, everything will all be affected by AI in some way. There will be those who will hate the changes but most people will not want to go back to a life before AI once their lives are impacted by it.

Old institutions will struggle to adapt. People will try to protect their jobs. Some people might use AI maliciously, governments will try to regulate and that might delay the singularity. Who knows really?

6