Items related to Job-Less Utopia: Macroeconomics in the Age of AGI

Job-Less Utopia: Macroeconomics in the Age of AGI - Hardcover

Hutter, Prof Marcus

 
9781066828418: Job-Less Utopia: Macroeconomics in the Age of AGI

Synopsis

What happens when machines do every job better than you?

Artificial general intelligence and advanced robotics will automate virtually all cognitive and physical tasks within a single generation.The question is not whether this will happen, but what we do when it does.

Three dominant responses get it wrong: optimists who trust history to repeat, pessimists who equate job loss with collapse, and skeptics who deny the technology altogether. All three fixate on jobs rather than goods and services.

Job-Less Utopia argues for a fourth position:Post-Labor Prosperity. If machines produce the same or greater output, society's material wealth is undiminished. The real challenge is distribution, not production. Under adequate redistribution, mass unemployment is not a catastrophe: it is a liberation.

The book develops this case along thirteen theses spanning six domains:

  • Economics: Near-zero marginal costs, self-replicating capital, and solving the land bottleneck.
  • Employment: Why the historical pattern of compensating job creation will break, and why forcing full employment produces socially wasteful bullshit jobs.
  • Welfare design: How multiple complementary tax instrument scan finance guaranteed income, even cost-neutrally.
  • Democracy: Why functioning democracies will self-correct toward redistribution as the displaced majority gains electoral power.
  • Meaning: Why the "crisis of meaning" is a transient cultural artifact, neither a natural nor unresolvable human limitation.
  • Geopolitics: How AI rentierism, trade asymmetries, and capital flight can be managed through proven policy tools.
Why this book is different: Nearly every individual idea here has appeared before. What is new is the systematic architecture: the first single-volume treatment integrating economics, welfare design, democratic stability, the question of meaning, and international coordination into one mutually reinforcing argument. The book includes a micro-level fiscal-feasibility proof, a Wittgensteinian property-cluster definition of"job," a three-phase UBI transition roadmap with pre-legislated automation triggers, and a new tax category: the bullshit tax.Extensively illustrated with 41 diagrams and 30 tables,and grounded in over 250 scholarly references.

Dr. Marcus Hutter is a polymath whose 35-year R&D career has ranged from medical software development to physics, mathematics, computer science, philosophy, and artificial intelligence. More recently his work has focused on AGI's economic, political, and social implications. He has been Professor at the Australian National University for most of his career.

"synopsis" may belong to another edition of this title.

About the Author

Marcus Hutter has been Professor at the Australian National University for 20+ years (fulltime till 2019 and honorary since then).His research has broadly centered around the information-theoretic foundations of inductive reasoning and reinforcement learning, which has resulted in 200+ publications and numerous awards and patents. As a polymath, his 30+ year R\&D career ranged from medical software development, to physics, mathematics, computer science, philosophy, artificial intelligence, and more recently AGI's economic, political, and social implications.His two previous books on "Universal Artificial Intelligence" (2005/2024) develop the first sound and complete theory of super-intelligent machines (ASI). Since 2006 he also funds and chairs the ongoing Human Knowledge Compression Contest (500\,000 H-prize). See http: //www.hutter1.net/ for further information.

"About this title" may belong to another edition of this title.