What are your thoughts on guild effects in the sense that some of the changes you have described might be prevented through social contracts? Actors and screenwriters have successfully gone on strike to preserve their leverage, and many other professions are regulated.
I think this might be a weak counter-argument, but nonetheless, it might distort the effects of AGI and slow down the concentration of capital.
Great post!
What are your thoughts on guild effects in the sense that some of the changes you have described might be prevented through social contracts? Actors and screenwriters have successfully gone on strike to preserve their leverage, and many other professions are regulated.
I think this might be a weak counter-argument, but nonetheless, it might distort the effects of AGI and slow down the concentration of capital.