But what will happen when we get to that point? What world will these algorithms create for us? Will it be the utopia of Earth in Star Trek? Or will it be a "Disneyland with no children"[0], once economy becomes fully self-contained and eliminates its dependency on humans, leaving Earth to be inherited by machines endlessly working and trading, with no sentient being to see it or enjoy the fruits of that labor?
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[0] - A phrase coined by Nick Bostrom, in "Superintelligence: Paths, Dangers, Strategies":
"We could imagine, as an extreme case, a technologically highly advanced society, containing many complex structures, some of them far more intricate and intelligent than anything that exists on the planet today – a society which nevertheless lacks any type of being that is conscious or whose welfare has moral significance. In a sense, this would be an uninhabited society. It would be a society of economic miracles and technological awesomeness, with nobody there to benefit. A Disneyland with no children."
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[0] - A phrase coined by Nick Bostrom, in "Superintelligence: Paths, Dangers, Strategies":
"We could imagine, as an extreme case, a technologically highly advanced society, containing many complex structures, some of them far more intricate and intelligent than anything that exists on the planet today – a society which nevertheless lacks any type of being that is conscious or whose welfare has moral significance. In a sense, this would be an uninhabited society. It would be a society of economic miracles and technological awesomeness, with nobody there to benefit. A Disneyland with no children."