Tap to Read the Newsletter Issue #52
Are you ready for the age of Artificial General Intelligence (AGI)? This week we explore how AGI could completely upend our economic system.
By 2030, your labor might be worthless, and only capital will matter, potentially creating a new global aristocracy.
We dive into how the development of AGI is accelerating and how it may impact jobs, entrepreneurship, and wealth. Imagine a world where AI can do almost anything better and faster than humans, from coding and content creation to medical diagnoses and business management.
Key Topics Covered:
- The potential worthlessness of human labor in a post-AGI world.
- How capital ownership could become the primary path to security and prosperity.
- The possibility of a modern form of feudalism, where AI systems are owned by a new aristocracy.
- The transformation of entrepreneurship, with AI potentially running hundreds of startups simultaneously.
- Best-case and worst-case scenarios: from a "Norway-plus" society with limited economic mobility to a world of unprecedented inequality dominated by AI trillionaires.
- Actions to take now: Building capital, developing AI-complementary skills (emotional intelligence, creativity), and getting politically engaged.
- How businesses can prepare by focusing on AI-complementary skills, investing in AI without over-relying on it, and prioritizing human-centered innovation.
- Bold predictions: the reduced value of human labor, the amplified power of money, and the potential divergence of state and individual interests.
- The potential need for Universal Basic Income (UBI) and the risk of stifled human ambition.
Tune in to discover how to navigate the transition into a post-AGI economy and ensure a more equitable future for all.
