Human-level AGI is by definition able to take away all human jobs.
> Secondly, we already know what happens when sectors face mass unemployment from the 1980s, when steel and coal workers were laid off en-masse: nobody came to help
There is a massive difference between 20-30% of people in a country being unemployed (historical sector-wide collapses), and 80-100% of people in a country being unemployed (human-level AGI unemployment). The second situation is completely historically unprecedented and will *not* lead to the same results.
> In a context where the state already has less tax revenue due to mass unemployment!
If human-level AGI is an actual reality, taxation (and money itself) is no longer relevant. Only energy and resources may still matter.
Human-level AGI is by definition able to take away all human jobs.
> Secondly, we already know what happens when sectors face mass unemployment from the 1980s, when steel and coal workers were laid off en-masse: nobody came to help
There is a massive difference between 20-30% of people in a country being unemployed (historical sector-wide collapses), and 80-100% of people in a country being unemployed (human-level AGI unemployment). The second situation is completely historically unprecedented and will *not* lead to the same results.
> In a context where the state already has less tax revenue due to mass unemployment!
If human-level AGI is an actual reality, taxation (and money itself) is no longer relevant. Only energy and resources may still matter.