This seems to be based on non-transformative AI, which maintains a whole lot of the property and capital-control structures that exist today.
So long as property rights are respected,
This is the key. Property rights are NOT respected, even today. There are continuous squabbles and fights over various usage rights for different durably-valuable assets, and most of the big-finance industry is focused on taking a permanent cut of these ephemeral squabbles.
In the future, a “REAL” AI will further subvert the ownership idea (mostly by buying everything, and then having it taken away by law, and then running humans in circles with a mix of legal and violent (performed by human quislings) tactics.
But I don’t think this future is terribly likely. It’s either human annihilation or massive cosmic endowment of wealth. The idea that we somehow end up on the knife-edge of survival our resources slowly dwindling requires that r* is too finely tuned to exactly 0.
This seems to be based on non-transformative AI, which maintains a whole lot of the property and capital-control structures that exist today.
This is the key. Property rights are NOT respected, even today. There are continuous squabbles and fights over various usage rights for different durably-valuable assets, and most of the big-finance industry is focused on taking a permanent cut of these ephemeral squabbles.
In the future, a “REAL” AI will further subvert the ownership idea (mostly by buying everything, and then having it taken away by law, and then running humans in circles with a mix of legal and violent (performed by human quislings) tactics.
I too read Accelerando.
But I don’t think this future is terribly likely. It’s either human annihilation or massive cosmic endowment of wealth. The idea that we somehow end up on the knife-edge of survival our resources slowly dwindling requires that r* is too finely tuned to exactly 0.