Anton Korinek is an economist at UVA and the Brookings Institution who focuses on the macroeconomics of AI. This is a lightly edited transcript of a recent lecture where he lays out what economics actually predicts about transformative AI — in our view it's the best introductory resource on the topic, and basically anyone discussing post-labour economics should be familiar with this.
The talk covers historical development of what the bottlenecks are: for most of history, land was the bottleneck and humans were disposable. The Industrial Revolution flipped this. AI may flip it again: if labor becomes reproducible, humans are no longer the bottleneck.
Korinek walks through what this implies for growth (potentially dramatic),... (read 5341 more words →)
I agree that the behaviours and beliefs of cultural movements aren't random. The point I was trying to make in this analogy is that it's sometimes adaptive for the movement if members truly believe something is a problem in a way that causes anguish -- and that this doesn't massively depend on if the problem is real.
In the context of human groups, from the outside this looks like people being delusionally concerned; from the inside I think it mostly feels like everybody else is crazy for not noticing that something terrible is happening.
A more small-scale example is victims of abuse who then respond extremely strongly to perceived problems in a way that... (read more)