AlexMennen comments on Do Earths with slower economic growth have a better chance at FAI? - Less Wrong
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If a government pursued its own AGI project, that could be a danger, but not hugely more so than private AI work. In order to be much more threatening, it would have to monopolize AI research, so that organizations like MIRI couldn't exist. Even then, FAI research would probably be easier to do in secret than making money off of AI research (the primary driver of UFAI risk) would be.