On Tue, Aug 19, 2025, 9:06 PM John Rose via AGI <[email protected]> wrote:
> On Tuesday, August 19, 2025, at 5:45 PM, Matt Mahoney wrote: > > The problem you should be concerned about is that as long as anything has > value, AI will be better at acquiring it than you. > > And how will it do that? > By being smarter than you. Computers are already executing trades in microseconds. If it's debt based fiat creation who ultimately owns all the debt? An AI? If I loan you a dollar then we both have a dollar. All money is debt that is owed to you, that if all goes well, is never paid off. But what matters in an economy is not money, but production. All the trends here are good. Technology makes stuff cheaper, 2-3% per year for over the last century. Life expectancy and quality of life are better. There is a long term trend towards taxing the rich and giving to the poor, and towards easier travel, trade, and communication. I hope these trends continue, but as we are now seeing with population, even millennium long trends can reverse. ------------------------------------------ Artificial General Intelligence List: AGI Permalink: https://agi.topicbox.com/groups/agi/Te0af3a0c35a03987-M4313b710bd18c91713fb17ae Delivery options: https://agi.topicbox.com/groups/agi/subscription
