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Hey, Bankless listeners. This is Ryan here. You guys are in for a treat today. So the episode you're about to hear was pulled from our new limitless podcast feed. That's a podcast feed that I occasionally host. I'm a guest host on that along with David and also our new Limitless cohost, Josh. So as you're about to hear in this episode, the intelligence curse is not just an AI topic. It's a crypto topic. This is about AI people discovering that without decentralization, the future of AI is kind of bleak. These aren't just technologies, these are political systems. Now moving forward, episodes l
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the intelligence curse, pretty briefly defined, is the set of incentives that we might get when we unlock artificial general intelligence. And we're reusing the OpenAI definition here, which is the ability to automate, most or all human labor. And in that world, we're really concerned that governments, powerful actors, corporations won't have that incentive to care about regular people. That doesn't mean they guarantee you won't, but it means that strong economic incentive that we've had for basically all of social of
all
of human history where powerful actors have needed regular people, and so there's an exchange of goods and benefits. If you sever that, you're relying a whole lot on goodwill. And we think that's not nearly as stable or strong of an arrangement, and it mirrors the kind of patterns you see in economies like those that are flipped through with the resource curse.
Are regular people just everybody? Just like, you know, you, me, white collar workers, your people in developing countries, people in very developed countries. Like, who are the who are the regular people to which you speak of? Yeah.
So I think we really do mean here everyone. A particular maybe, like, everyone who does not have capital that is then, like, very dependent on AI that it can be physical capital or financial capital. And I think there's people often talk about, white collar workers. There's also people in developing countries, of course, who we shouldn't ignore their existence. So it really does mean everyone where, like, right now the state is that everyone can contribute economically, states and companies have an incentive to care about everyone. But then if all all everyone's labor is replaced, then this is
So I'm really curious to ask you guys, why now? What did you see that sparked the interest to actually make this post? Because we've read through it, and it was very, very thoughtful, very pragmatic. But what was it that sparked this now versus a year ago or a year in the future? Was this was this the exact right time, or do you think this thesis kind of changes as we progress over the next few years? So
I think for us, just for some history of how we got here, I think shortly after o '3 was announced and it looked like, oh, timelines are getting pretty short. AGI doesn't look, you know, twenty years away or fifty years away. It might look five years away or even sooner
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