Desperate_Food7354 t1_j67pv3h wrote
Reply to comment by LiveComfortable3228 in Don't despair; there is decent likelihood that an extremely large amount of resources will flow from AGI to the common man (even without UBI) by TheKing01
Everyone would lose their jobs, even the business owners, AGI would do a better job than any human at anything. The $ is only of value between humans, not to an AGI.
seeking99 t1_j6a9enj wrote
Business owners don't really have a job in the first place; if the company turns a profit and their ownership isn't somehow revoked then they have no reason to quit, even if any work like management or executive decision-making is done by AGI for them.
Since the businesses are the private property of the owners they hold the right to any value that comes of the company's functionings, no matter how little work the owner contributes vs the AGI or how important they are.
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