The Dead Economy Theory was on the top of Hacker News a few days ago. The post's strawmanning of rationalism/EA is a bit annoying, it's 58% AI-generated according to Pangram, and some of its ideas will already be well-known to LWers (despite claims that we have naively failed to consider them). However, the post packages together some potential blindspots I've been mulling over recently and brings up some points I hadn't thought about.
Some ideas and takeaways from (or vaguely reminiscent of) the post:
Some people actually want a job - people find work to be a source of purpose and dignity, and may not be happy even with a solid AI-enabled UBI.
The fact that ordinary people are actually needed to keep the economy working gives ordinary people real power over how society is run. Turn your state/country into a hellish dystopia? Then people will move away, or protest, or even start a general strike. And without the participation of ordinary humans, then the economy collapses.
But let's say you make true AGI. It doesn't need to be superhuman, merely cost ef... (read more)