Eduard Ruzga
2 min readJan 31, 2024

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Honestly 20 years aways is question why rich need poor at all if robots do all the work.

Fundamentally AI redefines value of work. It becomes cheap.

What is money? In one way money is human time. You spend your time doing something from someone else and get money for that. Then you can spend money to make someone else spend his time so you do not have to.

Even other resources partially are priced by mount of time needed to extract them. Aka all the tools, teaching, discovering, infrastructure and transportation.

There is other element which is scarcity though that influences some of it.

But anyways, if robots and AIs can do most of the work better then humans this destroys biggest part of what money is. Aka work is now automated and is almost free. Meaning results of work are almost free. Meaning most of us do not need to work almost at all to sustain ourselves...

And i don't think this is bad.

One view I heard but do not fully share is that work and money in modern sense, slaving away 40+ hours a week(at least for 70% of humanity) is actually bad.... And its weird that we came to want that.

Good phrase on the topic is:

Most of us work at jobs we hate, to buy things we do not need, to impress people we do not care about.

All in all, it can go dystopian and utopian.

All in all it effects labor resources. Countries like Russia in current work have problems with labor. Not enough people to send to war, not enough people to work at supporting economy. If dictators like that get their hands on AI/Robot labor force its bad....

But all in all, I think its short term things that rich gets richer here. I do agree that for short term computation infrastructure types will get richer. Chip makers and cloud providers to run all that AI.

But open source, local run models are already here too. We will have open source AI that masses can use that is almost as good in medium term. We already have, just not widely distributed and not as good UX, and in couple of years it will be.

So no, rick will not have absolute monopoly on it.

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Eduard Ruzga
Eduard Ruzga

Written by Eduard Ruzga

We make our world significant by the courage of our questions and by the depth of our answers — Carl Sagan

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