Something I Wrote A Couple Years Ago

Would workers' lives be improved?

@G.L. McDorman Not sure. There's an argument that a company bigger than a sole owner or small partnership is already a form of artificial intelligence, in that it draws on the knowledge and experience of multiple people for decision-making by someone who doesn't necessarily have all of those experiences personally. The person who runs the large corporation I work for probably doesn't know what I do there day-to-day, but his inquiries could eventually come to me. When I worked for the Army, I never briefed the President, SECDEF, or Secretary of the Army, but I briefed more than one general who was only a couple layers away from those people.

If the AI is the majority shareholder, it might conclude it doesn't really need to pay itself. AIs don't really need boats or big houses, so it might pay very low dividends and re-invest or increase wages instead.

@ktvician Haha, indeed. An easy way to save the company 100 million dollars every year.

Right. We're all happy until it's us. At least until we get replicators and holodecks.