How AGI will transform human civilization: 10x impact at 10x speed | Demis Hassabis and Lex Fridman | YouTube Summarizer

Summary

Technological Disruption and Change

Periods of disruption, like the industrial revolution and the rise of the internet, bring significant change and create new jobs.
Future changes may occur much faster and have a greater impact than past technological shifts.
People will need to adapt their skills to remain valuable in the evolving job market.

Economic and Societal Implications

There is a need for discussions on how society will be affected by rapid technological changes.
Consideration of universal basic provision to distribute increased productivity gains across society.
Ensuring basic services while encouraging individuals to acquire unique skills.

Political and Governance Challenges

Governments need to adapt quickly to represent diverse societal needs and mitigate division.
Political systems should be improved to leverage technology for global prosperity.
New governance structures and institutions may be required to manage the transition.

Resource Management

Creating an abundance of resources is essential before addressing their distribution.
Increasing productivity is crucial to move beyond zero-sum scenarios.

Transcript

00:00

anytime where there's a lot of disruption and change, you know, and we've had this, it's not just this time, we've had this in many times in human history with the internet, uh, mobile, but before that, obviously, industrial revolution. Um, and it's going to be one

00:16

of those eras where there will be a lot of change. I think there'll be new jobs we can't even imagine today, just like the internet created.

And then those people with the right skill sets to ride that wave will become incredibly uh, valuable, right? those skills, but maybe people will have to relearn or adapt a

00:33

bit uh their current skills. And it's the the thing that's going to be harder to deal with this time around is that I think what we're going to see is something like probably 10 times the impact the industrial revolution had and but 10 times faster as well, right?

00:48

instead of 100 years, it takes 10 years. And so that's going to make it, you know, it's like a 100x uh the impact and the speed combined.

So that's what's I think going to make it more difficult for society to to to deal with and it's there's a lot to think through and I think we need to be discussing that

01:05

right now and I I you know encourage top economists in the world and philosophers to start thinking about um uh how should is society going to be affected by this and what should we do including things like um you know universal basic provision or something like that where a

01:22

lot of the um increased productivity uh gets shared out and distributed uh to society um and maybe in the form of surface services and other things where if you want more than that you still go and get some incredibly rare skills and things like that um and and make

01:38

yourself unique. Um but uh uh but there's a basic provision that is provided >> and if you think of government as technology there's also interesting questions not just in economics but just politics.

How do you design a system that's responding to the rapidly changing times such that you can

01:54

represent the different pain that people feel from the different groups and how do you reallocate resources in a way that um addresses that pain and represents the hope and the pain and the fears of different people uh in a way

02:12

that doesn't lead to division because politicians are often really good at sort of fueling the division. and using that to get elected the other defining the other and then saying that's bad and sort of based on that

02:29

>> I think that's often counterproductive to leveraging a rapidly changing technology how to help the world flourish so we almost need to improve our political systems as well rapidly if you think of them as a technology >> definitely and I think I think we'll

02:45

need new governance structures institutions probably to help with this transition. So I think political philosophy and political science is going to be key uh to that.

But I think the number one thing first of all is to create more abundance of resources right

03:01

then there's the so that's the number one thing increase productivity get more resources maybe eventually get out of the zero sum situation. Then the second question is how to use uh those resources and distribute those resources.

But yeah you can't do that without having that abundance first.