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Meta researcher @tmychow warns emerging markets could get doubly screwed by transformative AI: higher interest rates spread globally while the economic gains stay concentrated in the US "In the US we're gonna have some amount of economic growth because of transformative AI, and higher interest rates. But economic growth mostly accrues to us, whereas real interest rates, global capital markets are very integrated, so higher real interest rates will propagate to everyone else." "They'll…
AGI and the EMH: what does the market tell us about AI timelines? TLDR: Markets are not putting much probability on the development of transformative AI (aligned or unaligned!) in the next 30-50 years – as evidenced by low *real interest rates* https://t.co/QmDxMg6MJ5