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Comment by mjburgess

AI systems cannot be economic agents, in the sense of participating in a relevant sense in economic transactions. An economic transaction is an exchange between people with needs (, preferences, etc.) that can die -- and so, fundamentally, are engaged in exchanges of (productive) time via promising and meeting one's promises. Time is the underlying variable of all economics, and its what everything ends up in ratio to -- the marginal minute of life.

There isn't any sense in which an AI agent gives rise to a economic value, because it wants nothing, promises nothing, and has nothing to exchange. An AI agent can only 'enable' economic transactions as means of production (, etc.) -- the price of any good cannot derive from a system which has no subjective desire grounded in no final ends.

parent mjburgess 11 months ago

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