When I read this segment, I was compelled to comment:
A key component of the debate between Robin Hanson and myself was the question of locality. Consider: If there are increasing returns on knowledge given constant human brains—this being the main assumption that many non-intelligence-explosion, general technological-hypergrowth models rely on, with said assumption seemingly well-supported by exponential technology-driven productivity growth—then why isn’t the leading human nation vastly ahead of the runner-up economy? Shouldn’t the economy with the most knowledge be rising further and further ahead of its next-leading competitor, as its increasing returns compound?
The obvious answer is that knowledge is not contained within the borders of one country; improvements within one country soon make their way across borders. China is experiencing greater growth per annum than Australia, on the order of 8% versus 3% RGDP growth.92 This is not because technology development in general has diminishing marginal returns. It is because China is experiencing very fast knowledge-driven growth as it catches up to already-produced knowledge that it can cheaply import.
There actually are historical examples of this happening between civilizations that had relatively little information transfer between them. Pre-Columbian America was far behind Europe, as was sub-Saharan Africa. China's economic and technological development has also been relatively isolated from Europe until relatively recently; there were times where it was more advanced and times where it was less advanced.
Summary: Intelligence Explosion Microeconomics (pdf) is 40,000 words taking some initial steps toward tackling the key quantitative issue in the intelligence explosion, "reinvestable returns on cognitive investments": what kind of returns can you get from an investment in cognition, can you reinvest it to make yourself even smarter, and does this process die out or blow up? This can be thought of as the compact and hopefully more coherent successor to the AI Foom Debate of a few years back.
(Sample idea you haven't heard before: The increase in hominid brain size over evolutionary time should be interpreted as evidence about increasing marginal fitness returns on brain size, presumably due to improved brain wiring algorithms; not as direct evidence about an intelligence scaling factor from brain size.)
I hope that the open problems posed therein inspire further work by economists or economically literate modelers, interested specifically in the intelligence explosion qua cognitive intelligence rather than non-cognitive 'technological acceleration'. MIRI has an intended-to-be-small-and-technical mailing list for such discussion. In case it's not clear from context, I (Yudkowsky) am the author of the paper.
Abstract:
The dedicated mailing list will be small and restricted to technical discussants.
This topic was originally intended to be a sequence in Open Problems in Friendly AI, but further work produced something compacted beyond where it could be easily broken up into subposts.
Outline of contents:
1: Introduces the basic questions and the key quantitative issue of sustained reinvestable returns on cognitive investments.
2: Discusses the basic language for talking about the intelligence explosion, and argues that we should pursue this project by looking for underlying microfoundations, not by pursuing analogies to allegedly similar historical events.
3: Goes into detail on what I see as the main arguments for a fast intelligence explosion, constituting the bulk of the paper with the following subsections:
4: A tentative methodology for formalizing theories of the intelligence explosion - a project of formalizing possible microfoundations and explicitly stating their alleged relation to historical experience, such that some possibilities can allegedly be falsified.
5: Which open sub-questions seem both high-value and possibly answerable.
6: Formally poses the Open Problem and mentions what it would take for MIRI itself to directly fund further work in this field.