It’s not yet time for a GAI. As long as someone else has to work to provide an income for you it’s simply not fair! It turns you into a slave.
I just posted the following on another thread..seems a good fit for this one as well.
By 2050 there won’t be any light manufacturing anywhere.
Small items will be made right in the home using a desktop assembler, imagine a very, very advanced 3D printer able to make everything from medicine and tools to the family dinner.
The age of automation will be in full swing.
Most nations will have a guaranteed annual income... no, not welfare. It will be one of the results of full automation.
It actually will be the beginnings of an age where money does grow on trees, so to speak.
Socialists will hate it because advanced automation means people won’t need government to take care of themselves.
2050 will be nothing like 2014.
Nearly everything will be made by automated machines. Houses, cars, aircraft, toys, general electronics, food, roads, clothes... All at nearly zero cost. Almost everything will be disposable. Two things will be in demand..raw materials and energy. Raw materials will be harvested and processed automatically. Unless there is a fusion energy breakthrough then manufacturing will run on solar. I know many scoff at solar but solar gets cheaper every day and it will become a LOT cheaper than fossil fuel energy in a few decades.
There will be almost no low-skill or manual labor jobs.
It is all inevitable.
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Basically paid for by the machines. It’s an alien concept because we have never had such capabilities before. You can certainly see the beginnings of it now and it will scale up very quickly.
Now we have people working, paying taxes, and using their income to buy manufactured goods. In a few decades it will no longer be people working, it will be mostly machines. Now people pay taxes, with automation it will be the machines that pay taxes, in a sense. That is where the guaranteed income comes from.
It is hard to get your head around but it is inevitable so we will have to make it work.
Someday there actually will be a free lunch. Computer controlled automatons will be like slaves who never tire. They will both construct and drive our cars. They will build and clean our houses. They will grow, harvest and prepare our meals. They will repair our bodies at a cellular level.
Technological advancement is no longer linear. There will be a FAR greater advancement in technology between now and 2050 than there was between the time of Christ and now.
In a sense, we already have it. If your income drops below a certain level you are eligible for food stamps and other aid.
The machines won't pay for anything, someone owns the machines. So the owners will still be paying. What I'm worried about is that China will own the machines. And until our country gets it's head straight and restores the import tariffs, they will just continue draining wealth from our country until there is little left to drain.
Not certain that 3D printing is going to be all that. I doubt it's that efficient. It is however another source of competition and will help cap the prices of things.
Imagine the effect a contemporary equivalent of Stuxnet would have on such an economy.
Ya, we heard that promise many times in the 1970's under Jimma Carter.
Sounds like a utopia. If I live to see 2050, I’ll be highly surprised if the situation is anything like what you describe, however. Never mind defying what we understand about economics (which honestly isn’t very much, really), it defies everything that I understand about human nature.
So, who is buying the machines???
Ultimately though, I believe the technocratic elites will dispose of much of the population.
Eventually the only jobs will be R&D to improve the machines (until AI takes over that too).
Even “the elite” may become a thing of the past because earthly pleasures will be available cheaply to anyone through VR. EVERYONE could have the private island, the supermodel and the sportscar at the touch of a button. Today, everyone fights and scams for those limited things.
For better or worse, technology will turn human nature upside down...
Many machines on Ix. New machines. Better than those on Richese.
Star Trek, The Next Generation, replicator tech.
And when they evaluate us and realize how illogical and useless we are, they'll exterminate us. Saw that movie, too.
Machines "own" no assets with which to pay anything. Their owners own all their production, and are unlikely to want their income stripped to provide a "universal basic income".
(Seriously...do I even need a /sarc?)