Deric Cheng

you might see maybe three or four major companies, or maybe even just one or two in each industry dominating industries that used to be employing millions of people, right?

So if you have Waymo and maybe two or three other competitors, these might eventually replace a lot of millions of human drivers, for example, over the course of a decade or so.

And so the real concern that we have at the AGI social contract is really about

disempowerment of human labor.

We're really worried that if we lose labor's ability to have leverage in the marketplace, we lose their ability to advocate for stronger wages, to have a say in the direction of our economy, then we lose a lot of beneficial aspects of how our society is currently set up.

in terms of maintaining agency, maintaining bargaining power for humans, and then in the long term, in the grand scheme of things, really trying to improve human economic outcomes, right?

So we're hoping that the strategies that we take in the next decade or so work towards empowering humans and empowering particularly human labor to still be relevant when a lot of value starts shifting from labor to capital.

Yeah, it's a great question.

And frankly, I don't think that there is any way to know.

There's a lot of debate among economists and people working in this space about what will happen down the line.

But I think it is very clear that the major AI companies are

have all expressed that their focus is to move towards full automation, that they are building tools and that they have the express interest in developing these tools to the degree that they can fully replace human workers.

It might not be explicit in the mantras of all of these companies in terms of what they're saying, but it is underlying in their quest for AGI.

And I personally don't see concrete or solid reasons that they wouldn't be able to get there in the next decade.

I think it's very, very possible.

And as a result, at the very least, we should be trying to prepare for that outcome in the case that it does happen.

Yeah, I think the best analogy would be to compare the major corporations of decades ago to the major corporations now and to maybe what we envision major corporations will look like in the future.

Decades ago, the largest corporations had hundreds of thousands, millions of people working for them.

It took a lot of manual labor.

It took a lot of people up and down the entire stack of industry in order to keep these corporations working.