EHeller comments on The Robots, AI, and Unemployment Anti-FAQ - Less Wrong
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"There's a thesis (whose most notable proponent I know is Peter Thiel, though this is not exactly how Thiel phrases it) that real, material technological change has been dying."
Tyler Cowen is again relevant here with his http://www.amazon.com/The-Great-Stagnation-Low-Hanging-ebook/dp/B004H0M8QS , though I think he considers it less cultural than Thiel does.
"We only get the Hansonian scenario if AI is broadly, steadily going past IQ 70, 80, 90, etc., making an increasingly large portion of the population fully obsolete in the sense that there is literally no job anywhere on Earth for them to do instead of nothing, because for every task they could do there is an AI algorithm or robot which does it more cheaply."
As someone working in special-purpose software rather than general-purpose AI, I think you drastically overestimate the difficulty of outcompeting humans in significant portions of low-wage jobs.
"The concrete illustration I often use is that a superintelligence asks itself what the fastest possible route is to increasing its real-world power, and...just moves atoms around into whatever molecular structures or large-scale structures it wants....The human species would end up disassembled for spare atoms"
I also think you overestimate the ease of fooming. Computers are already helping us design themselves (see http://www.qwantz.com/index.php?comic=2406), and even a 300 IQ AI will be starting from the human knowledge base and competing with microbes for chemical energy at the nano scale and humans for energy at the macro scale. I think that a 300-IQ AI dropped on earth today would take five years to dominate scientific output.
Plenty of low-wage jobs have been automated away by machines over the last four centuries. You don't end up permanently irrevocably unemployed until all the work you can do has been automated away.
And in a world where all work CAN be automated, human service can still exist side-by-side. A robot might be able to cut my hair, but I'd pay a premium to have a person do it because I enjoy the experience (I sometimes pay for barber shaves before job interviews rather than do it myself). Similarly, I'd probably pay a premium for an actual bartender over a barmonkey type robot in many settings. I pay a premium over Amazon at the nearby bookstore because I enjoy the old medieval history phd who runs the shop and his conversations/recommendations,etc. I can imagine a world full of robots where face-to-face service becomes the luxury item.
That is very plausibly a world in which unemployment is massively higher than today, if sentiment is the only remaining reason to employ humans at anything; and a world in which a few capital-holders are the only ones who can afford to employ all these premium human hairdressers etcetera. If this is how things end up, then I would call my thesis falsified, and admit that the view I criticized was correct.
If this happens, then some of the robots will start to look and behave exactly like humans. Robot prostitutes would look like human supermodels. This'll cause more unemployment.
Don't underestimate humans' desire for authenticity. As an example, note that even nowadays, some people do pay extra for handcrafted knickknacks and such like. You can say its a silly desire, but it's what they want. If you said to them "Hey, want to buy this factory made knickknack? It looks just like a handmade one." they would for the most part, just turn you down. For better or worse, the desire for authenticity seems to be a deep part of humanity's utility function.
Or look at the well known thought experiment of the transporter device. You step in, it scans your body, disintegrates your body, sends the message of what your body was like to the destination transporter, which then reconstructs you, exactly like you were before. Most humans express serious misgivings about going through one of those. They feel it wouldn't be "the real them" anymore. Is that silly? Yes. But it reflects our human desire for "authenticity".