Is AGI even something that should be invested in on the free market? The nature of most financial investments is that individuals expect a return on their investment. I may be wrong, but I can’t really envision a friendly AGI being created with the purpose of creating financial value for its investors. I mean, sure, technically if friendly AGI is created the investors will almost certainly benefit regardless because the world will become a better place, but this could only be considered an investment in a rather loose sense. Investing in AGI won’t provide any significant returns until AGI is created, and at that point it is likely that stock ownership will not matter.
It’s also possible that investing not in “what’s most likely to make AGI” but “what’s most likely to make me money before AGI based on market speculation” is throwing fuel on the ungrounded-speculation bonfire. Which attracts sociopaths rather than geeks. Which cripples real AGI efforts. Which is good. (Not endorsing this, just making a hypothesis.)
Is AGI even something that should be invested in on the free market? The nature of most financial investments is that individuals expect a return on their investment. I may be wrong, but I can’t really envision a friendly AGI being created with the purpose of creating financial value for its investors. I mean, sure, technically if friendly AGI is created the investors will almost certainly benefit regardless because the world will become a better place, but this could only be considered an investment in a rather loose sense. Investing in AGI won’t provide any significant returns until AGI is created, and at that point it is likely that stock ownership will not matter.
It’s also possible that investing not in “what’s most likely to make AGI” but “what’s most likely to make me money before AGI based on market speculation” is throwing fuel on the ungrounded-speculation bonfire. Which attracts sociopaths rather than geeks. Which cripples real AGI efforts. Which is good. (Not endorsing this, just making a hypothesis.)