Inspired by this poll that had a lopsided outcome.
People are also trading
@SimoneRomeo You can say that about any asset, the value is "infinite" over a long term. That doesn't mean assets don't have certain finite values.
@spiderduckpig that's correct. Assets have finite values only if you mention a time frame. This market doesn't so I think the only right answer is infinite
I find this question slightly confusing because I'm not sure what counterfactual to compare sudden AGI with. The actual world that will eventually get AGI anyways in ~5-10 years?
If AGI occurred today, and GDP growth climbed up to transformative levels (~30%), but with a slow takeoff according to relatively conservative economic assumptions (~5 years), then world GDP would grow by several times before my median timeline for AGI arrives. Applying a modest, but slightly increasing over time (as overall growth sky-rockets) discount rate, gets a bit over $100T of expected NPV added by AGI now instead of waiting for it to be created in the actual world.
This seems like an underestimate of the real value of AGI, but not necessarily a full order of magnitude, so I picked the middle option. I could easily imagine being argued into a larger value, less easily a lower one.
@ArtimisFowl present world wealth is of the order of ~10^3 T usd = 10^15 usd
there is ~10^16 watts of solar power falling on Earth annually
humans use 10^13 watts per year
so if value is proportional to energy consumption, going to 10^18 dollar wealth would be like becoming Kardashev level 1 civilization