"Em Econ 101" The socio-economic impacts of emulation explained by Professor Robin Hanson
Professor Robin Hanson will speak about the socio-economic impacts of achieving brain emulation technology in the future. Professor Hanson is an associate professor of economics at George Mason University and a research associate at the Future of Humanity Institute.
"Em Econ 101
The three most disruptive transitions in our history coincided with the introduction of humans, farming, and industry. If another such transition lies ahead, a good guess for its source is artificial intelligence in the form of whole brain emulations, or “ems.” Most who consider ems discuss their implications for the philosophy of identity, or their feasibility and development paths. Those who consider em social implications gravitate toward heaven or hell scenarios, or invent entirely new economics, etc. for this new era.
In contrast, as a professor of economics I seek to straight-forwardly apply standard economic and other social science theory to these novel technical assumptions, to sketch rough outlines of a relatively-likely reference scenario set modestly far into a post-em-transition world. I consider how ems might change: reproduction, life plans, cycles of daily life, inequality, work training, property rights, families, firm management, industrial organization, urban agglomeration, security, and governance."