In capitalism, capital flows to its wisest custodians. You see this effectively in algorithmic trading on security exchanges. Humans need not apply.
With AGI, robots will be the wisest custodians of capital, under no compulsion to waste it on themselves.
Of course Universal Basic Income is the answer of how to fairly distribute the great abundance in our future when the GDP is DOUBLING every few weeks. When labor is removed from the economic equations of growth we get a singularity.
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[ 1.2 ms ] story [ 9.5 ms ] threadWith AGI, robots will be the wisest custodians of capital, under no compulsion to waste it on themselves.
Of course Universal Basic Income is the answer of how to fairly distribute the great abundance in our future when the GDP is DOUBLING every few weeks. When labor is removed from the economic equations of growth we get a singularity.