AI elites might hoard intelligence like mercantilists hoarded gold
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Engineer Venkatesh Rao argues that AI elites are treating intelligence as a scarce resource to be hoarded, similar to how mercantilists viewed gold and land. He suggests that focusing solely on job loss misses the potential for increased human intellectual engagement through accessible AI. According to Rao, open-source models are often seen as threats by executives who may exploit safety concerns for political leverage. In contrast to the fear of obsolescence, Rao posits that AI could stimulate demand for ideas by making complex projects feasible. This dynamic might lead people to think more actively rather than becoming redundant in their roles. The article highlights that autonomous AI agents could also generate new demand for intelligence if given appropriate guardrails. Ultimately, Rao advocates for fair access to AI technology over protecting traditional knowledge-based employment.
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