"The imminent arrival of AGI has pushed many to try to seize the levers of power as quickly as possible, leaping towards projects that, if successful, would comprehensively automate all work. There is a trillion-dollar arms race to see who can achieve such a capability first, with trillions more in gains to be won. Yes, that means you'll lose your job."
"But it goes beyond that: this will remove the need for regular people in our economy. Powerful actors-like states and companies-no longer have an incentive to care about regular people. We call this the intelligence curse. If we do nothing, the intelligence curse will work like this: Powerful AI will push automation through existing organizations, starting from the bottom and moving to the top. AI will obsolete even outlier human talent."
The imminent arrival of AGI is driving a global race to automate all work, promising enormous gains while risking mass job loss and economic displacement. Powerful actors will deploy AI across organizations, displacing human talent and halting social mobility. Non-human production factors—capital, resources, and AI control—will become dominant, creating incentives that fracture the modern social contract and could disempower the majority of people. A different outcome is possible but requires deliberate action to change incentives, maintain human economic relevance, harden systems against AI catastrophes, and strengthen democratic institutions.
Read at The Intelligence Curse
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