Ok, but who benefits from these efficiencies? Hint: not the people losing their jobs. The main people that stand to benefit from this don't even need to work.

Producing things cheaper sounds great, but just because its produced cheaper doesn't mean it is cheaper for people to buy.

And it doesn't matter if things are cheap if a massive number of people don't have incomes at all (or even a reasonable way to find an income - what exactly are white collar professionals supposed to do when their profession is automated away, if all the other professions are also being automated away?)

Sidenote btw, but I do think it's funny that the investor class doesn't think AI will come for their role..

To me the silver lining is that I don't think most of this comes to pass, because I don't think current approaches to AGI are good enough. But it sure shows some massive structural issues we will eventually face

It's allowed our lifestyle for a short period of time, to small amount of people. It's not given to poor people, to people in places we've bombed, or extracted resources from, or people in the future since it's destroying the planet.

We're all far closer to poor than we are to having enough capital to live off of efficiency increases. AI is the last thing the capitalist class requires to finally throw of the shackles of humanity, of keeping around the filthy masses for their labor.

In a capitalist society?