Dwarkesh

And now Veo 2 is available in the Gemini app.

You can try it by going to gemini.google.com, selecting it from the dropdown, and typing your own idea into the prompt bar.

By the way, we made this whole video with Veo before we even started chatting with Google, so it was especially exciting that we could then have them as a sponsor.

All right, back to the essay.

The most profound difference between AI firms and human firms will be their evolvability, as Gwern Brandwin observes.

The scale of difference between currently existing human firms and fully automated firms will be like the gulf in complexity between prokaryotes and eukaryotes.

Prokaryotic organisms, such as bacteria, are relatively simple and have remained structurally similar for over 3 billion years.

In contrast, the emergence of eukaryotic cells, which possess more complex internal structures like nuclei and organelles, enabled a dramatic leap in biological complexity.

and gave rise to all the other astonishing organisms with trillions of cells working together tight-knits.

This evolvability is also the key difference between AI and human firms.

As Guerin points out, human firms simply cannot replicate themselves effectively.

They're made of people, not code that can be copied.

So would a fully automated company simply become the last company standing?

Why would other firms even exist?

Could the first business to automate everything just form a massive conglomerate and take over the entire economy?

While internal planning can be more efficient than market competition in the short term, it needs to be balanced by some slower but unbiased external feedback.

A company that grows too large risks having its internal goals drift away from market reality.

That said, the balance may shift as AI systems improve.

AI corporations will be more software-like, with perfect replication of successful subdivisions and faster feedback loops.

And this internal planning system needs to be connected to some measure of real success or failure.