2. Economics of Robots
• Staple of fiction – ancient legends to TV now
• If have more of X, do you want Y more
(complement) or less (substitute)?
• Machine as Substitute to human labor
– Ricardo 1821, most science fiction
– Wages fall to machine cost
• Automation as Complement to human labor
– Wicksell 1923, modern economics consensus
– Wages have risen as automation cost have fallen
• So are robots a substitute or complement?
3. Robots Substitute On Task,
But Tasks Are Complements
Human Advantage
Substitute
For Task
Useful Mental Tasks
Humans
Do These
Machines
Do These
Tasks Are
Complements
7. Labor Supply & Demand
Quantity
Price
wage1
Supply of Human Workers
Demand
for Labor
wage3
wage2
New
Demand
for Labor
SSuuppppllyy ooff RRoobboottss
8. Guestimating Growth
1. AK growth models easily x10-1000+ faster
– Now double ~15 yr., 100x => 1.8 mo.
1. Factories now double mass in 1-3 mo.
1.3D printers in week?
– Self-replicate plans double in 6-12 mo.?
1. History of forager, farmer, industry modes
– Doubled 225Myr, 900yr, 15yr => 1-4 weeks
• Guess: ~1 month doubling time
9. Ways To Make Smart Robots
1. Keep writing better software
– AI experts say: in 20yrs gone 5-10% to human
– That says: will take 2-4 centuries to full AI
– Hardware slowing, if half rate, 4-8 centuries
1. Discover a grand theory of intelligence
– Or grand theory of how to learn (= “foom”)
– But likely doesn’t exist, as w/ bacteria, cities
1. Port software from where it already exists
Immortality – but can most afford?; Travel – transmit to new body (but is secure?); Nature – don’t need ecosystems to survive
Copies!; Train once, use many; each job few sources; Population explosion, Rapid growth economy doubles monthly?
Wages fall to near hardware cost; only Draconian global law can stop
Standard econ growth models say our growth limited by rate at which grow labor, diminishing returns to capital
Goes by the name “uploads” and “whole brain emulation”.
Others focus on technical feasibility, timing, philosophy of identity and consciousness. I’ll focus on social science.