Some economics of artificial superintelligence (opens in new tab)

Conventional wisdom holds that a misaligned artificial superintelligence (ASI) will destroy humanity. But the problem of constraining a powerful agent is not new. I apply classic economic logic of interjurisdictional competition, all-encompassing interest, and trading on credit to the threat of misaligned ASI. Even while granting AI-safety canon some of its strongest assumptions, I show that an acquisitive ASI refrains from full predation un...