Alex Imas

Well, it will favor probably companies

firms or agents that grow, right?

There's like a selection argument that things which grow will be more prevalent.

And maybe just based on that, you can make some predictions about what their preferences will be.

But is the kind of entity which prefers to have human intrinsic goods going to be the kind of entity that accumulates resources the most?

Probably not, right?

Probably like saves more, like has unsatisfiable demand for things like

whatever the relevant resource happens to be, compute is an obvious one.

And can we use that to make some prediction about the non-human preferences that will be guiding the future?

It depends on how the reproduction is happening.

Here's one way to think about it.

How is the wealth of the richest people in the world instantiated?

Of course, as you were having a call earlier and making the point that their consumption is more geared towards relational goods, like Mark Zuckerberg is hiring MMA instructors and dancers for his wife's birthday and so forth.

But most of his wealth is just...

Stock and meta and he has a controlling shareholder could say, hey, meta, just give me all this income or turn all this wealth into dividend income.

And I will just spend that on consumption.

But instead, he rather would have his wealth compound and meta to build more data centers, basically.

So you don't even have to change humans for this to be the case.

It is just the case that the humans which are wealthiest and are growing wealthier because their wealth is compounding just have this like almost Nick Landian preference for like accelerating capital.

And that does seem to suggest that, yeah, is that an important determinant of what kinds of things are produced in the future?