This whole ‘what are we going to do’ I think is way out of proportion even if we do end up with agi. Let’s say whatever the machines do better than humans, gets done by machines. Suddenly the bottleneck is going to shift to those things where humans are better. We’ll do that and the machines will try to replace that labor too. And then again, and again. Throughout this process society becomes wealthier, TVs get cheap…
Rough numbers look good. But the hyper specialized geek that has 4 kids and has to pay back a credit for his house (that he bought according to his high salary) will have a hard time doing some gardening, let's say. And there are quite a few of those geeks. I don't know if we'll have enough gardens (owned by non geeks!) It's like cards are switched: those having the upper socioeconomic class will get thrown to the bo…
About the most optimistic is that demand for goods and services will decrease because something like 80% of consumer spending is coming from folks that earn over $200k, and those are the folks ai is targeting. Who pays for the ai after this is still a mystery to me