The “Foom and Doom” hypothesis is popular here even now, when it was mostly succeeded by the “fast takeoff”, and it was even more popular in the past. People who believe in these hypotheses tend to assume that the economy just won’t have enough time to adapt to AGI/ASI so they disregard the possible economic effects.
And BTW, unemployment without an extinction could easily happen in a myriad more ways: through AI pauses and bans due to, e. g, economic crisis and public outcry, a failed AI takeover attempt, a “fire alarm” incident short of a takeover attempt but with many dozens of fatalities, a human-AI war which AIs lose etc. “Slow takeoff” scenarios are in general richer in complexity (and, IMO, harder to predict) because there’s more time for things to happen
The “Foom and Doom” hypothesis is popular here even now, when it was mostly succeeded by the “fast takeoff”, and it was even more popular in the past. People who believe in these hypotheses tend to assume that the economy just won’t have enough time to adapt to AGI/ASI so they disregard the possible economic effects.
And BTW, unemployment without an extinction could easily happen in a myriad more ways: through AI pauses and bans due to, e. g, economic crisis and public outcry, a failed AI takeover attempt, a “fire alarm” incident short of a takeover attempt but with many dozens of fatalities, a human-AI war which AIs lose etc. “Slow takeoff” scenarios are in general richer in complexity (and, IMO, harder to predict) because there’s more time for things to happen