Bankless LIMITLESS - The Intelligence Curse: AI Makes Us All Obsolete | Luke Drago & Rudolf
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May 28, 2025 Luke Drago and Rudolf, co-authors of 'The Intelligence Curse', delve into the transformative effects of advanced AI on labor markets and social mobility. They highlight the risks of job displacement and the emergence of a static society, where wealth dictates status. The duo discusses how AI might reshape political power and governance, urging for a decentralized approach to preserve democracy. They explore ethical concerns regarding government investments and the paradox of resource-rich nations, emphasizing the need for equitable frameworks as we navigate this AI-dominated future.
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Intelligence Curse Explained
- The intelligence curse arises when AI replaces human labor and powerful actors lose incentive to support regular people.
- This mirrors the resource curse where resource-rich states neglect their citizens due to economics, not malice.
Understanding the Resource Curse
- Resource curse means resource-rich countries often have poorer citizen welfare due to weak incentives to invest in people.
- Strong institutions or diversified economies help avoid this curse, like Norway or Oman.
AI Replaces Entry-Level Jobs First
- AI will initially replace entry-level, short-horizon task roles before moving up the corporate pyramid.
- This bottom-up automation leads to AI substituting human labor, shrinking workforce hierarchies.