> If AGI is actually reached, capital as we know it basically becomes worthless
I see it as capital becoming infinitely more valuable and labor becoming worthless, since capital can be transmuted directly into labor at that point.
I see it as capital becoming infinitely more valuable and labor becoming worthless, since capital can be transmuted directly into labor at that point.
In this case, you need capital to stockpile the GPUs.
If ASI and the ability to build robots becomes generally available and virtually free (and if the exponential growth stops), the things that retain their value will be land and raw materials (including raw materials that contain energy).