Less/Wrong
Econ reasoning applied to post-AGI situations
The basic problem with applying standard economic reasoning to post-AGI situations is that sufficiently advanced AI may violate many assumptions which make perfect sense in human economy, but may not generalize. Often the assumptions are so basic that they are implicit, assumed in most econ papers, and out of sight in the usual “examining the assumptions”. Also advanced AI may break some of the intuitions about how the world works, breaking the intuitive process upstream of formal arguments.
What complicates the matter is these assumptions often interact with considerations and disciplines outside of the core of economic discourse, and are better understood and examined using frameworks from other disciplines.
