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These low effort historical comparisons are really insidious. It turns out we can do better than an obtuse comparison of the present circumstance to past cases and increase our ability to predict outcomes. Yes, the current case of AI rhymes with past cases of technological progress. But the actual features of the cases show core differences that imply a very different result in the case of AI.

Historically, efficiency increases from technology were driven by innovation that brought a decrease in the costs of transactions. This saw an explosion of the space of viable economic activity and with it new classes of jobs and a widespread growth in prosperity. Productivity and wages largely remained coupled up until recent decades. Modern automation has seen productivity and wages begin to decouple. Decoupling will only accelerate as the use of AI proliferates.

This time is different because AI has the potential to have a similar impact on efficiency across all work. In the past, efficiency gains created totally new spaces of economic activity in which the innovation could not further impact. But AI is a ubiquitous force multiplier, there is no productive human activity that AI can't disrupt. There is no analogous new space of economic activity that humanity as a whole can move to in order to stay relevant to the world's economic activity.

Our culture takes it as axiomatic that more efficiency is good. But its not clear to me that it is. The principle goal of society should be the betterment of the lives of people. Yes, efficiency has historically been a driver of widespread prosperity, but it's not obvious that there isn't a local maximum past which increased efficiency harms the average person. We may already be on the other side of the critical point. What I don't get is why we're all just blindly barreling forward and allowing trillion dollar companies to engage in an arms race to see how fast they can absorb productive work. The fact that few people are considering what society looks like in a future with widespread AI and whether this is a future we want is baffling.

This is humanity's new agriculture moment; those that are positioned to become the new ruling class are resisting any ideas of slowing down. While the rest of us are oblivious to the approaching calamity. The tech crowd with a boner for the supposed techno-utopia imagined in sci-fi needs to ask what costs we should be willing to pay for a chance at that future.



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