AI's Rise Threatens to Upend Human Labor and Money Systems
Social media users claim AGI will make selling human labor economically negative.
Posts from @rationalaussie state the current monetary system will not survive AGI because human labor value will turn negative, creating a discontinuity event incompatible with existing 30-year mortgage and career structures. @jun_song adds that post-AGI the monetary system will almost certainly collapse along with every social system taken for granted. @an0n_Nic notes this outcome requires robotics but expects knowledge work to be devalued. Other replies discuss adaptability as a human strength and question whether economic powers will allow rapid change.
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9 posts, first seen 1d ago
AI's Rise Threatens to Upend Human Labor and Money Systems
Social media users claim AGI will make selling human labor economically negative.
Posts from @rationalaussie state the current monetary system will not survive AGI because human labor value will turn negative, creating a discontinuity event incompatible with existing 30-year mortgage and career structures. @jun_song adds that post-AGI the monetary system will almost certainly collapse along with every social system taken for granted. @an0n_Nic notes this outcome requires robotics but expects knowledge work to be devalued. Other replies discuss adaptability as a human strength and question whether economic powers will allow rapid change.
Reactions
SR 
Stephen Reed 馃@StephenReed_AGI@jun_song Our current monetary system will thrive under AGI and ASI, because the principles of capitalism will persist even as labor and the human allocators of capital are replaced. Money permits capital allocation, and pricing permits individual selected consumption.
AS Andrej Szontagh@ScatteraAI@analogalok Yes, that's what I am talking about. I think if the AI reaches it's goals we will be simply left to be taken care of by those who have the "power".
RK Robert Keyes@Robert_of_Maine@jun_song People will still have to work. AGI isn't going to happen, an AI will become just another tool. So money will still exist.
MU Mustapha@ElouardiMusta@jun_song We are in a beautiful era looking at all those changes happening rapidly
NO Nili of The Valley@NiliofTheValley@analogalok That isn't going to happen
MN