The robotic revolution and possibly the next AI revolution means that the source of labor can be shifted from people to robot. Within the usual production model, output = f(capital) x g(labor), labor is to be meant exclusively as human labor, but in the next future, possibly labor will mean robot labor, which can be acquired and owned, thus becoming part of the means of production accessible to capital. In a sense, if AI will take a hold in the industry, labor will be a function of capital, and this means that the equation will be transformed as output = h(capital). Depending on the h, of course, you will have more or less convenience (humans require training and repairing too).
Before AGI there are many tasks that human can do but that robots/AI can’t. It’s possible to build a lot of robots if robots are useful.
That’s the kind of work that’s likely a constraint on producing more stuff. I don’t think the constraint will be resources. Number of robots is also unlikely the constraint as you can easily build more robots.
The robotic revolution and possibly the next AI revolution means that the source of labor can be shifted from people to robot.
Within the usual production model, output = f(capital) x g(labor), labor is to be meant exclusively as human labor, but in the next future, possibly labor will mean robot labor, which can be acquired and owned, thus becoming part of the means of production accessible to capital. In a sense, if AI will take a hold in the industry, labor will be a function of capital, and this means that the equation will be transformed as output = h(capital). Depending on the h, of course, you will have more or less convenience (humans require training and repairing too).
Before AGI there are many tasks that human can do but that robots/AI can’t. It’s possible to build a lot of robots if robots are useful.
That’s the kind of work that’s likely a constraint on producing more stuff. I don’t think the constraint will be resources. Number of robots is also unlikely the constraint as you can easily build more robots.