Redditing-Dutchman t1_j63nngo wrote on January 27, 2023 at 2:13 PM

The singularity itself and after is hard to predict by definition (and also theoretical, not a given). But what you will see is that advancement is going faster and faster and that sudden break-troughs can upheaval the whole market. For example how a small company (compared to Google at least) like OpenAI can suddenly be a treat to Google. But also that even OpenAI can suddenly be obsolete by some unknown startup. If anything, the slowness and red tape of big companies will be the downfall of them at some point. Even die hard investors will not be able to keep up any more. New companies that seem promising will suddenly be pointless a few months later. Stock markets will get more chaotic, with crazy ups and downs, also fuelled even more by super smart trading AI's that compete against each other.

Then if things go even faster it becomes hard to predict. Humans only have a few hours each day to do stuff, and you can only focus on a few things at once. AI assistants will no doubt help you to digest massive amounts of information, but can you handle it? Can humans handle it? Or will AI's just run the whole economy, research, funding, etc. Politics will be a whole other story as well.

[deleted] OP t1_j654sxd wrote on January 27, 2023 at 7:54 PM

That’s a very interesting take. I think “chaotic” is the word.

imlaggingsobad t1_j66spnc wrote on January 28, 2023 at 2:55 AM

i agree with this take. Much more chaos, much more competition. Things will happen so fast that basically the life expectancy of an idea will be less than a few days, because a super smart AI on the other side of the world will already have taken advantage of it. Humans will not be able to keep up, most will have to just watch from the sidelines. Certain pockets of the world, like Silicon Valley, will get exponentially more advanced as the AI self-improves. There will be mass unemployment as these AIs take over most day to day operations. UBI is instituted. Cost of everything trends to $0. A thousand dollars is enough to live like a prince. Maybe money itself loses value. Society will need to be restructured. The idea of "work" is meaningless.