Economics is only about who owns what and how those assets are used. Even abundant EAGI (embodied artificial general intelligence) won't change that. Control assets, apply efficiency, hope for luck; that equation doesn’t change.
Active income = renting the only asset you can’t store, your time. Engineers, landlords, founders all do it. Passive income just substitutes someone else’s time (or eventually, an EAGI’s).
We're nowhere near AGI (artificial general intelligence) yet, but imagine EAGIs (robots controlled by AGI) becoming as abundant as smartphones.
When EAGIs outperform humans at everything, the key question is who owns them. Own even one EAGI unit, and you might earn more by deploying or renting it than you would from your current job, even if everyone has one. Economics is not a zero-sum game until resources or demand are tapped out.
🚩 Dangers
🟥 Self‑Owned EAGIs: Given legal rights, they legally out‑compete and eventually buy out humanity.
🟥 Oligarchic EAGI Ownership: A tiny elite owns all of the EAGI. Inequality explodes to an extent that was never economically possible before.
🌟 Opportunities
🟩 Unimaginable Problem‑Crushing Power: Diseases cured, continuous explosive growth, automated moon‑sized spaceship production.
🟩 Every Human Becomes Super: We each become the visionary of our very own enterprise. Your EAGI turns moonshots into deliverables.
Such a future isn't around the corner; reaching that "corner" will take a great deal of time.
Full post → EAGI.FYI
- Sophia (the humanoid robot) never actually received Saudi Arabian citizenship in 2017. It was a marketing stunt. I’m a huge supporter of free of speech, but pretending to give AIs human rights is anti‑human. If a device translated an animal’s thoughts, should we grant that animal human rights? No. AI (even EAGI) should be treated as nothing more than slaves for humanity.
- Technological progress keeps accelerating. Experts say it will continue to speed up and AI will continue to quickly improve.
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SS5.org/2025/05/02/ownership-and-EAGI-condensed
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