Reading through the referenced paper I’m impressed by how well it models the situation and considers outcomes given certain assumptions about the problem. I suspect that the assumptions will not in general hold, but that still makes this interesting since any particular set of assumptions is not likely to hold and so exploring various classes of ways AGI issues may play out is valuable. I’d be interested to see more application of micro-economic models to explore AGI issues in ways that we are not currently (although to be fair current approaches are adjacent, like using game theory, but I think there’s value in the slightly different perspective economic models bring).
Reading through the referenced paper I’m impressed by how well it models the situation and considers outcomes given certain assumptions about the problem. I suspect that the assumptions will not in general hold, but that still makes this interesting since any particular set of assumptions is not likely to hold and so exploring various classes of ways AGI issues may play out is valuable. I’d be interested to see more application of micro-economic models to explore AGI issues in ways that we are not currently (although to be fair current approaches are adjacent, like using game theory, but I think there’s value in the slightly different perspective economic models bring).