AGI would give you access to millions of times more resources than you currently enjoy. So I would suggest that you have absolutely nothing to worry about on the income/employment front.
One company having that much power is a different matter, and I address it by looking at how we can distribute GPT training through decentralized and open platforms.
It won't be me or you. Whoever it is, they will not share any of the economic upsides of AI with the public unless they are legally forced -- zero, zip, zilch, nada. Even then, they will keep the lion's share for themselves, and they will use their surplus to shape society to their advantage.
So yes, many millions of us have a big problem to worry about, especially considering how much struggling there already is now.
If the AGI is open source and operates through a decentralized platform, that everyone/no-one owns it, and the upside will be fully distributed to end users.
But even if it stays in private hands, one company monopolizing a technology and keeping it expensive/out-of-reach is generally not how technological innovation works. There is generally intense competition between providers, with each aggressively cutting prices to capture market share.
> AGI would give you access to millions of times more resources than you currently enjoy. So I would suggest that you have absolutely nothing to worry about on the income/employment front.
I'm puzzled as to how you can characterize a description of AGI's functions as "theology." AGI represents the automation of what we would describe as human-level thought, transforming it into a mass-produced service that costs almost nothing to acquire. Consequently, the cost of any product or service that requires human labor is expected to trend toward zero.
We're already witnessing this with the creation of textual and graphical content through ChatGPT. It's now possible to generate various types of text content and a wide range of graphics at the cost of 10 cents for the dozen ChatGPT API calls. And the work is completed in a few minutes, as opposed to several hours. This represents a several orders of magnitude increase in per capita productivity for these specific tasks. As AI technology advances, the scope of applications benefiting from such productivity boosts is expected to widen, which means human civilization will experience a revolutionary increase in productivity, and with it, resource abundance.
The graphics I've produced are absolutely phenomenal IMHO. I find that that textual content depends highly on the prompt, and often does take quite a few iterations to get right.
Often with text, the GPT is more of an assistant/advisor/proofreader for me, rather than a stand-alone creator of quality content.
Sometimes it works really well for emails. Like for producing responses to formal communications. It can save cut the time to respond from 10 minutes to 30 seconds.
What will you do with millions of times more resources than you currently enjoy?
I for one, would be overwhelmed. In the meantime I will be passionate and joyful about the things I like regardless of whether AI can do them a million times better. I have fun doing it.. while the AI is.. just AI.
Personally, I love life, and I expect AI will allow me to spend more of my life taking it in instead of running through the gauntlet of errands needed to stay alive. I also expect it will help us live much longer, which is an absolute blessing considering how precious every moment is.
One company having that much power is a different matter, and I address it by looking at how we can distribute GPT training through decentralized and open platforms.