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Overcoming Bias Commenter's avatar

PS: I agree the irony here is huge! It would be extremely frustrating to be constantly bombarded with claims that your 'homo economicus' assumption makes you irrelevant in the 'real world'. Then, to hear almost the reverse claim would be infuriating!

Nevertheless, I just don't feel comfortable with how casually you account for the change from biological humans to self-modifying AI, keeping even the legal system of property rights of their human creators. For my part, I would need some extremely strong arguments to convince me that humans can comfortably rely on legacy property rights to ensure their long term survival. Given the scope of possible actions superintelligent entities of unknown motives could take, assuming property rights for humans remain in the long term seems like science fiction.

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Overcoming Bias Commenter's avatar

"Cameron, don't you think economists might know something about how behavior would change without status or luxury desires?"

Robin, I expect there is work at the fringes of economics that would give valuable insight into that situation. Could you point me at a significant paper on that explicit topic that you consider worthwhile and makes the kind of assumptions and reasoning that I may benefit from?

Unfortunately, I also know that the disadvantage of expertise is that it tends to make people overconfident in their understanding of things outside their field. When it comes to commenting outside the bounds of their professional knowledge, I expect experts in economics to overrate the importance of their field. It's what humans do.

Economic research and understanding is incredibly biassed towards actual human behavior. Even work that deals with societies of specific counterfactual entities will be biassed. People are less likely to publish conclusions that would be considered 'silly' and are more likely to publish theories that validate the core dogmas of the field. What incentive does an economics researcher to publish a paper that concludes "allmost all of our core political values as a profession wouldn't apply in this situation"? That's the sort of naivety that leaves someone either burnt out or ostracized soon enough.

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