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Jeff E's avatar

I think Astral Codex Ten had an article about this a while ago, although I can't find it now.

Suppose AGI is coming and it will lead to either 1) everyone dying suddenly 2) everyone becoming rich beyond anything they could imagine today.

In that world, you want to front load personal wealth as much as possible. Don't save for retirement, in fact take out as much loans as possible, etc. You are either partying at the end of the world or fronting yourself some of your future riches.

This is a sentiment I have encountered before, people proudly saying they aren't saving for retirement because AGI. Although coming up with thin rationalizations for not saving for retirement is a time-honored activity, so I am not sure how much of it can really be ascribed to principled AGI investing.

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Ipsita Singh's avatar

I'm trying to understand what the point is of betting on a world that is going to break apart in a millisecond. Like let's say you were right and found the perfect instrument and made a lot of money by betting on the right thing, what purpose would that insane amount of wealth serve if everything ends, including your life.

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