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economic-analogies

Use of the horse labor analogy to illustrate how technological substitution can lead to the collapse of demand for biological labor.

1 chapter across 1 book

Superintelligence: Paths, Dangers, Strategies (2014)Nick Bostrom

CHAPTER 11

Chapter 11 explores the implications of a multipolar post-transition world where multiple superintelligent agents coexist and compete, contrasting it with the unipolar singleton scenario. It analyzes economic and social dynamics such as the substitution of human labor by cheap, copyable machine intelligence, the resulting impact on wages and employment, and the distribution of capital income. The chapter also draws analogies between humans and horses to illustrate potential outcomes for human labor and discusses the political and social ramifications of such a transition.