The more I think about AI the more it seems like the holy grail of capitalism. If AI agents can themselves be both producers and consumers in a society, then they can be arbitrarily multiplied to expand an economy, and they have a far smaller cost in terms of labor cost, spatial cost, resource cost, healthcare cost, housing cost, etc. compared to humans. At the extreme, this seems to solve every conceivable economic problem with modern societies as it can create arbitrarily large tax revenue without the need to scale government services per ai agent the way they would need to be scaled per human.
I guess it’s possible that, long-term, AI could obsolete money and capitalism, but presumably there could be a transitionary period where experience something like the aforementioned super-capitalism.
The more I think about AI the more it seems like the holy grail of capitalism. If AI agents can themselves be both producers and consumers in a society, then they can be arbitrarily multiplied to expand an economy, and they have a far smaller cost in terms of labor cost, spatial cost, resource cost, healthcare cost, housing cost, etc. compared to humans. At the extreme, this seems to solve every conceivable economic problem with modern societies as it can create arbitrarily large tax revenue without the need to scale government services per ai agent the way they would need to be scaled per human.
I guess it’s possible that, long-term, AI could obsolete money and capitalism, but presumably there could be a transitionary period where experience something like the aforementioned super-capitalism.