AI and institutional economy

I now hear claims such as “AGI and ASI will save humanity”.

Will AI free us from poverty?
Will AI free us from work?
Will AI free us from death?
Will AI free us from violence?

AI does free us from thinking. Not sure if that’s a benefit or not.

I have learned to do RCT from J-PAL. It seems like their latest work is from 2021. However, China, which doesn’t use RCT (at least on paper), alleviates poverty much faster than India due to its political system. That political system also fucks up high value-added industries.

By “economy”, I mean “how people make their living”, not how high a country’s GDP is.

What I’ll be reading next: Institutional economics, Why Nations Fail.