I often see comments that AI will increase the value of fixed-supply status-enhancing goods, like real estate in downtown Manhattan. I believe I have seen both Roko and Marginal Revolution make that claim.
It also makes sense to think that many firms that specialize in providing automatable services stand to lose value. Perhaps all the companies that specialize in services stand to lose value, which would be all the tech companies.
I’ll start: Robin Hanson’s book “Age of Em” should have some chapters relevant to this question.
I’m also interested in the practical side of hedging a portfolio against AI risk.
[Question] Does anyone know good essays on how different AI timelines will affect asset prices?
I often see comments that AI will increase the value of fixed-supply status-enhancing goods, like real estate in downtown Manhattan. I believe I have seen both Roko and Marginal Revolution make that claim.
It also makes sense to think that many firms that specialize in providing automatable services stand to lose value. Perhaps all the companies that specialize in services stand to lose value, which would be all the tech companies.
I’ll start: Robin Hanson’s book “Age of Em” should have some chapters relevant to this question.
I’m also interested in the practical side of hedging a portfolio against AI risk.