Post-AGI, we are all jobless aristocrats
Key takeaway
Many economists take a relaxed view of employment post-AGI.
Why it's on PDOOM
PDOOM selected this story for its capabilities signals: AGI.
AGIFrom LessWrong AI
Many economists take a relaxed view of employment post-AGI. Even once AI systems with suitable robotic actuators can perform most white-collar work and manual labor, something will remain scarce, and comparative advantage guarantees that human labor is worth hiring for something at some wage. So people will still have jobs, spending most of their waking hours at work, and the economy will look broadly like today's, including property rights, wage labor, and political institutions protecting thes
By djbinder