Luke Drago: recommendation

Transcript context

…Which economic metrics should we be looking at if we want to try to confirm whether the intelligence curse is actually happening or disconfirm the hypothesis? There are a couple of things that I take a look at. Income inequality seems quite important. Is it the case that you have kind of, we talk about sudden takeoff in AI, where there's suddenly a foom and all of a sudden AIs are way, way smarter than us. I think you might want to also look for this in economics. Is there a sudden moment in which capitalist immediately begins compounding? Because every dollar you put into a system produces some sort of an outbound return. And if you see this kind of rapidly accumulating, remove talent from the equation and suddenly capital gets begets more capital, then the actors who already have lots of capital can really rapidly accumulate. Now, it's already the case. that having capital makes it easier to get more capital, but there are a bunch of boundaries, a bunch of restrictions, and outsized players can still win. So outside of mass income inequality, I'd also take a look at things like economic mobility. Is it the case that people who aren't rich can move upwards in society? The United States, of course, is a very famous society for having this as a marker of its success, that you can come from anywhere, start from nothing, and win. Doesn't mean you're guaranteed to win, but there's always a pathway. And I think if those pathways start to close, that would be a very alarming signal here. Now we'll talk about, I presume we're getting the pyramid replacement here. And I think there are some things I really want to look at as well include like rising unemployment rates, especially among like your earliest age brackets right there that are just entering the workforce. But those are a couple of the metrics that I'm taking a look at here and that I've advised others to look through. Yeah, actually explain that concept for us, if you would. Pyramid replacement, what does that look like?…

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