The Rise of AGI and Its Economic Impact

The anticipated arrival of artificial general intelligence (AGI) over the next two decades is predicted to trigger significant economic transformations. AGI is expected to lead to advanced superintelligence (ASI), which could redefine productivity by lowering the costs of goods and services but may simultaneously displace numerous jobs. While some experts disagree on the exact timeline for AGI's arrival, there's substantial agreement that its impact will be profound, likely prompting shifts in societal structures in response to these changes. Such advancements will challenge current labor paradigms and raise questions about future employment models, as society will have to adapt to machines increasingly handling essential functions.