Earlier quoted context omitted.
It's justified if AGI is possible. If AGI is possible, then the entire human economy stops making sense as far as money goes, and 'owning' part of OpenAI gives you power. That is of course, assuming AGI is possible and exponential, and that marketshare goes to a single entity instead of a set of entities. Lots of big assumptions. Seems like we're heading towards a slow-lackluster singularity though.
Well, AGI would make the brainy information worker part of the economy obsolete. Well still need the jobs that interact with the physical world for quite a while. So… all us HN types should get ready to work the mines or pick vegetables
IMO we’re going to hit the point where AI can work on designing automation to replace physical labor before we hit true AGI, much like we’re seeing with coding.