One of the jobs in an AGI world would be researching what AGI is doing, how it behaves, and the why of it.
AGI would do so much that humans would always be just catching up.
Shift perspective as follows:
Natural population collapse to 4B from current 8B due to falling birth rates, this together with AGI advances; prevents planet from being ruined.
No working class as we know today, It will transform and evolve. Eg. workers studying and catching up with AGI
Billionaires are not just hoarding wealth or using it for their pleasure. It requires only little of their corpus for the best of pleasures the rest is utilised to promote directions that each collective find worthy of pursuit.
When physical work was increasingly handed over to machines, people found value in mind work. Now when mind work is gone, two things will emerge;
1. People who own assets that generate value.
2. People who’ll risk their humanness to be test bed for futuristic technologies
3. People who will just breeze through their life till almighty calls it a day.
Utilities usually cost less overtime as technology matures.
For example telecom services and internet.
Similarly, intelligence as commodity will cost lesser and lesser.
But human outsourcing its own job to AGI, and every device’s requirement of it, will expand the market manifold.
@ernestwu_ Wars generate demand and hence production, war forces governments to invest and households to liquidate savings, war brings in inflation and hence real assets’ valuations may increase including equity markets.
What's next ⬇️⬇️
1900's - Houses and streets weren't designed for cars
1930's - Homes and office were yet to be designed for AC's
1950's - Homes had to make space for Television
1970's - Personal computers had to be made space for
2000's - Digital consumer electronics and appliances
2010's - Design for Smart IOT devices
2030's - Redesign homes, streets, offices and cities, make space for HUMANOIDS
@Elonspacemedia Actually that’s their hate towards themselves for their inability to act. It just gets projected onto others. It’s a sad way to live almighty’s gift that is this life!