By default, capital will matter more than ever after AGI — LessWrong
In sum, returns on intelligence will compound exponentially. A select few artificial intelligences that we used to call organizations will massively benefit from a new concentration of ability—probably the greatest such concentration yet seen. Re-creating the essence of what’s made our species so successful into tools that can be reused and reappli
... See moreMustafa Suleyman • The Coming Wave: Technology, Power, and the Twenty-first Century's Greatest Dilemma
The rise of AI is perhaps best understood as a working-class positive singularity, as centuries of accumulated technocratic knowledge, in one fell swoop, is gifted to the working classes. It might be compared to the introduction of longbows in our reference period. The models that have been open-sourced are already good enough to permanently weaken... See more
Venkatesh Rao • The Modernity Machine
As algorithms push humans out of the job market, wealth and power might become concentrated in the hands of the tiny elite that owns the all-powerful algorithms, creating unprecedented social and political inequality.