alt Hacker News> AI is different
Literally the same thing.
> humans will be economically obsolete and worthless
Only if we are talking about a socialist system (and they are making pretty small progress in the field of AI). A human's value under a capitalist system is equal to their ability to create goods and services. And AI cannot make this ability smaller in any way.
A people's well-being is literally the goods and services created by that people. How can it decrease if the people's ability to produce those goods and services is not hindered in any way?
So, when it comes to the entire nation benefiting from AI, the most important thing is to preserve capitalism, and then the free market will distribute all the benefits. The main danger is a descent into socialism, with all these basic incomes, taxation out of production, and other practices that would lead to people being declared economically obsolete and mass executed to optimize their carbon footprint or something.
> A human's value under a capitalist system is equal to their ability to create goods and services. And AI cannot make this ability smaller in any way.
Yes they can. Your ability to produce goods and services depends on the infrastructure around you. When that's all run by AIs for AIs, humans won't be able to compete.
See that land over there producing food you need to eat? It turns out it's more economically efficient to pave it over with data centers etc.
Under a US-style capitalist system the rich (i.e. the AIs and AI-run businesses) control politics, the courts, etc, so the decisions the system makes will favour AIs over humans.
> So, when it comes to the entire nation benefiting from AI, the most important thing is to preserve capitalism, and then the free market will distribute all the benefits
...to the AI-run companies!
> The main danger is a descent into socialism, with all these basic incomes
Without UBI most people (or maybe everyone) would starve.