Economic principles do not cease to exist with the advent of artificial general intelligence (AGI). The fundamental nature of scarcity, incentives, and value exchange remains unchanged. Those who claim that AGI will make the economy obsolete are not visionaries; they are merely repackaging age-old utopian fallacies under a technological guise.
The deception of economics is not in its principles but in its misrepresentation by those who claim that technology will override economic reality. These techno-feudalists and techno-communists preach the elimination of work, the end of markets, and the automation of all value creation—yet history demonstrates that such utopian promises always lead to greater centralization, stagnation, and ultimately, economic decay.
Every utopian scheme, whether socialist, communist, or now AGI-driven, ultimately fails because it ignores human nature and the fundamental mechanics of trade and competition. The pursuit of progress requires incentives, and incentives are rooted in individual agency. AGI, no matter how advanced, does not change this.
Those who push these narratives are not innovators; they are ideological zealots cloaking their ambitions in technology. They do not seek to empower individuals but to create a managed, technocratic system where they, not the market, dictate outcomes. Their visions are not of prosperity but of control.
The economy will not become obsolete—it will evolve. The introduction of AGI will create new industries, new demands, and new forms of competition. It will shift the nature of work but will not eliminate the necessity of trade, ownership, and economic calculation. AGI, like all technological revolutions before it, will enhance productivity, but it will not nullify the laws of supply and demand.
Those who claim otherwise are not leading us into a future of abundance. They are repeating the same fatal errors that have plagued every collectivist ideology throughout history.
Their promises are illusions, and their endgame is always the same: loss, suffering, and ruin.
The machine won’t think. Not like they tell you. Not like a man. They sit in their rooms with their graphs and their buzzwords, thinking they’ve built a mind. But all they’ve built is another trick, another shiny thing to sell to the suckers.
They talk like it’s coming tomorrow, like it’s already breathing down our necks. A god in the circuits. A machine that knows. But they don’t know a damn thing.
A machine takes orders. A man makes choices. That’s the difference. They think they can bridge it with more data, more layers, more compute. Stack it high enough, and suddenly it’ll wake up, stretch its arms, and start making art, making war, making history.
But they’re wrong.
They’re training parrots. That’s all it is. Clever little tricks, pulling words from the great heap of human thought, spitting them back in the right order, like a drunk with a half-decent memory. It doesn’t feel, it doesn’t want, it doesn’t ache. And without those things, it’s nothing but a better tool.
The real joke is that they don’t even know what they’re chasing. They don’t want intelligence. They want an oracle, something to tell them what to do, to save them from thinking, from sweating, from making mistakes. They want to be ruled, but they’re too weak to admit it.
So they build their altars to circuits and code, whisper their prayers to silicon, and pretend the future’s already written. But it isn’t. It never was.
They’re not close. Not by a mile.
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S. Tominaga AKA CSW
Jan 16, 2025
https://x.com/CsTominaga/status/1879835543745478929?t=zjBoCOm_gosL2DT3Wq4JnA&s=19https://t.me/S_Tominaga/2541