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The minute we have solved AGI, will we have solved economics as well? I would imagine that if you just pit 100,000 smart agents against each other with a virtual currency you could calculate the ideal government policies to maximise welfare.

discuss

ashleyn|4 years ago

No, because as long as scarcity exists, there's going to be winners and losers - and losers will not be happy being selected as the losers. Whether it's by a bureau or by machine.

scoopdewoop|4 years ago

Scarcity is largely artificial, but ok

NateEag|4 years ago

Don't forget that an AGI would have no particular reason to do anything for humans.

We might be most relevant to one as a source of raw materials:

https://www.lesswrong.com/tag/paperclip-maximizer

ur-whale|4 years ago

> The minute we have solved AGI, will we have solved economics as well?

Certainly not if you allow AGIs to be economic actors.