Good points from James Gilliland

It pains me to say this, but if we actually “get AGI,” the resulting boom in industrial capacity from robotics and massive society-wide wealth creation will look like a total vindication of neoliberalism. The discourse about financialization and offshoring being a generational mistake may be replaced by a very different historical interpretation: that the late 20th and early 21st centuries were an enormous capital-accumulation phase, freeing up civilization-scale pools of liquid capital that could ultimately be deployed to accelerate and bring about the most consequential technological phase-change in human history. In that telling, what looked like deindustrialization and betrayal from inside the period (I grew up in the Rust Belt, I know) becomes the prelude to reindustrialization on an almost unimaginable scale. None of this is inevitable. The needle has certainly not been threaded. China and x-risk remain enormous contingencies. But if it is, I suspect the future will look back on the last 50 years very differently than we do today.

Here is the link.

The post Good points from James Gilliland appeared first on Marginal REVOLUTION.

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