I think that over simplifies what I was saying but accept I did not elaborate either.
The consuming all available resources is not a economically sensible outcome (unless one is defining available resources very narrowly) so saying the AI is not a economically informed AI. That doesn’t seem to be too difficult to address.
If the AI is making output that humans value and follows some simple economic rules then that gross over production and exhausting all available resources is not very likely at all. At some point more is in the basket than wanted so production costs exceed output value and the AI should settle into a steady state type mode.
Now if the AI doesn’t care at all about humans and doesn’t act in anything that resembles what we would understand as normal economic behavior you might get that all resources consumed. But I’m not sure it is correct to think an AI would just not be some type of economic agent given so many of the equilibrating forces in economics seem to have parallel processes in other areas.
Does anyone have a pointer to some argument where the AI does consume all resources and points to why the economics of the environment are not holding? Or, a bit differently, why the economics are so different making the outcome rational?
I think that over simplifies what I was saying but accept I did not elaborate either.
The consuming all available resources is not a economically sensible outcome (unless one is defining available resources very narrowly) so saying the AI is not a economically informed AI. That doesn’t seem to be too difficult to address.
If the AI is making output that humans value and follows some simple economic rules then that gross over production and exhausting all available resources is not very likely at all. At some point more is in the basket than wanted so production costs exceed output value and the AI should settle into a steady state type mode.
Now if the AI doesn’t care at all about humans and doesn’t act in anything that resembles what we would understand as normal economic behavior you might get that all resources consumed. But I’m not sure it is correct to think an AI would just not be some type of economic agent given so many of the equilibrating forces in economics seem to have parallel processes in other areas.
Does anyone have a pointer to some argument where the AI does consume all resources and points to why the economics of the environment are not holding? Or, a bit differently, why the economics are so different making the outcome rational?