Economic policy for AGI

(institute.deepmind.com)

33 points | by alphabetatango 2 hours ago

5 comments

  • SoftTalker 11 minutes ago
    > Yet in the short term, significant transformations have often also produced lower wages for many, hollowed out regional economies, and deepened inequality.

    "Short term" being rather loosely used? Most industrial regions have never recovered. Look at Gary Indiana, Detroit and surrounding towns, Toledo, other regions that were dependant on manufacturing or mining. Most have been stagnating for decades; few have found a path back to thriving economically.

  • arbirk 12 minutes ago
    Embodied robots is the most significant threat imo. Capital can be taxed but for now we have few general policy frameworks for the "who gets to walk and drive on the street" question
  • jaggederest 1 hour ago
    My read, but the effective policies are infeasible, and the feasible policies are largely business as usual. Pretty much precisely as expected, honestly. I struggle to see how anything like this is going to be implemented without business as usual changing in ways that the current system is extremely resistant to.
    • hn_throwaway_99 57 minutes ago
      I thought this was a good read with good data analysis, but at the end of the day none of this matters if the political and democratic systems collapse. If there is broad displacement by AI, I find it really difficult to believe folks will sit down and have a rational discussion about pros and cons of various policies, and it's nearly impossible to predict what will happen. I for one am fairly surprised that what I think is the valid anger among the US working class was successfully channeled into a cult around a grifter and huckster whose vast majority of policies are most detrimental to his biggest supporters.
      • pixl97 54 minutes ago
        >I for one am fairly surprised that what I think is the valid anger among the US working

        While surprising it should be too surprising. 1930-1945 was another example of this happening.

  • dyauspitr 1 hour ago
    Though AGI isn’t here yet (and in my opinion will only be marginally useful until we have physical AGI), we need to speedrun the painful bits so we can get to the other side in one generation. We need to bear the brunt of it and be the sacrificial generation.
    • cdrnsf 44 minutes ago
      There's no reason we need to and there's every reason to believe that the people and companies foisting this technology on society will accrue the benefits and dump the fallout on everyone else.
    • dgellow 8 minutes ago
      There is absolutely no reason to have that being forced at full speed on the entire world without consent, no. That’s a completely insane thing to say
    • harimau777 1 hour ago
      I think that there are a lot of people who would be unwilling to sacrifice their life.
      • pixl97 56 minutes ago
        Looking back at the beginning of the 1900s and now there are a lot of meta level parallels. Too much change is happening too quickly for societies to realistically adapt. This leaves a lot of room for greedy agents to gather other power seeking agents to further destabilize the situation for their own gain. The outcome of things like this is almost always war. Problem is once war starts it tends to spiral out of control and the body counts increase rapidly.
        • AIiscoming 8 minutes ago
          I would also add that the internet is very young and the amount of data and news we get daily is also new and different stressful than 50 years ago.
    • ProfessorLayton 52 minutes ago
      >We need to bear the brunt of it and be the sacrificial generation.

      Who is "We" here?

      I'll take a guess: Gen Z, and Gen A.

      Gen Z because they went through covid during college, and now this AI boom that's completely wreaked the entry level job market.

      Gen A is looking increasingly grim, unfortunately. If any of you know any school teachers, you'd know how disheartening it is to try and teach someone that has a homework and entertainment machine in their pocket at all times.

      Millenials (My generation) went through everything Gen Z has and more ('08), but there was at least a few years of relative normalcy growing up. I don't know what's next, but I'm not very excited about it.

      /rant

      • breezybottom 39 minutes ago
        As always, named "generations" are completely arbitrary and meaningless. They're made up by marketers to sell products.
        • foota 33 minutes ago
          A generation is a time that people were born between and useful because it embodies much of the cultural context that people share.
          • breezybottom 17 minutes ago
            No, it doesn't. The baby boomers represented an actual demographic change, that's why they're tracked by the Census Bureau. Everything since then is marketing and astrology.
            • AIiscoming 9 minutes ago
              you are just nitpicking.

              People get used to understand what generation 'name' they got from society, thinktanks and co and its not that hard to know what the younger generations are.

              https://en.wikipedia.org/wiki/Generation#List_of_social_gene...

              Astrology is just garbage.

              • dgellow 5 minutes ago
                Named generations are a marketing tool, it’s a concept as garbage as astrology
              • breezybottom 7 minutes ago
                It's the same, you're just substituting years for months.
            • hn_throwaway_99 6 minutes ago
              BS. While I agree the cutoffs are arbitrary, marking a cohort by, say, "people who graduated highschool before the advent of smart phones" or "people who went through childhood in the early years of social media" are valid groupings.

              As a Gen Xer my childhood is soooo different from what kids today experience. And literally every single Gen Xer I know is glad and feels relief (sometimes mixed in with remorse) that our childhood was before the consumer Internet took off.

              • dgellow 3 minutes ago
                If you want these cohorts to have statistical significance you have to add more details, such as the geographic location, language, etc. But you can create cohorts with pretty much anything, in itself that doesn’t validate the concept of generations as pitched by marketing agencies
        • rvz 14 minutes ago
          Correct. It is another way to divide people again, just like people who are pro-AI vs anti-AI.

          Do not fall for it.

      • dyauspitr 36 minutes ago
        Probably late millennials, early gen Z
    • nicebyte 52 minutes ago
      "need to"? why?
  • 312iuz 57 minutes ago
    I'd rather read an analysis from the World's Socialist Website than from the perpetrators.

    What are your concrete plans now for the 30,000 Oracle employees that have been fired because Larry got overly ambitious with AI?

    • AIiscoming 5 minutes ago
      You should want to read both sides and generate your own view of it.

      You can't ignore signals of the frontier labs and people working there. How much you trust them and how serious you take them and how much it reflects on what you experience, is your personal analysis.

      I'm playing around with fable 5.1 and Astra and its really crrazy how much better they got again now in comparison to a few month, i do trust them to a certain degree, that they are already seeing again progress internally we don't have yet.

      The last update killed for sure a lot of low level/avg blender/3d artists.