Some people think that there will be something reasonably described as a singularity, but that money (or more generally property rights) will still plausibly matter.
Even if you don’t think that, we might be able to predict that the market will ignore any *other* possibility (such as a singularity that obsoletes money). So we can predict that the market will predict that certain stocks will be valuable. So we can get money just ahead of the singularity, and then maybe use it to avert bad outcomes. Or maybe not, but that’s one way it might make sense to bet on AGI even if you’re confident it will obsolete money.
Some people think that there will be something reasonably described as a singularity, but that money (or more generally property rights) will still plausibly matter.
Even if you don’t think that, we might be able to predict that the market will ignore any *other* possibility (such as a singularity that obsoletes money). So we can predict that the market will predict that certain stocks will be valuable. So we can get money just ahead of the singularity, and then maybe use it to avert bad outcomes. Or maybe not, but that’s one way it might make sense to bet on AGI even if you’re confident it will obsolete money.