AGI could drive wages below subsistence level | Epoch AI
This Gradient Updates issue explores how AGI could disrupt labor markets, potentially driving wages below subsistence levels, and challenge historical economic trends.
AGI could drive wages below subsistence level | Epoch AI Gradient Updates shares more opinionated or informal takes on big questions in AI progress. These posts solely represent the views of the authors, and do not necessarily reflect the views of Epoch AI as a whole. Historically, many have feared that automation would lead to mass unemployment and lower wages. Yet, despite massive improvements in automation in the last two centuries, average wages have risen, living standards have improved, and high unemployment has not become a persistent, long-term issue as many had expected. This historic
Explore this link on the map →related reading
- By default, capital will matter more than ever after AGI — LessWronglesswrong.com
- Séb Krier on X: "There are broadly two ways people think about AGI and labour: Position A is where humans get fully substituted, which is usually advanced by parts of the AI commentariat. The argument is that if AGI is a scalable input thatx.com
- Economics and Transformative AI | Tom Cunningham – Tom Cunninghamtecunningham.github.io
- Three Observations - Sam Altmanblog.samaltman.com
- Capital, AGI, and Human Ambition - The Intelligence Curseintelligence-curse.ai
- Scenarios for the Transition to AGI | NBERnber.org
- Alex Imas and Phil Trammell – What remains scarce after AGI?dwarkesh.com
- Pyramid Replacement - The Intelligence Curseintelligence-curse.ai
- THE 2028 GLOBAL INTELLIGENCE CRISIScitriniresearch.com
- Why AGI Will Not Happen - Tim Dettmerstimdettmers.com
- Post-AGI Economics As If Nothing Ever Happens — LessWronglesswrong.com
- Can advanced AI lead to negative economic growth?aleximas.substack.com