One of the issues is that less efficient CUs have to defend their resources against more efficient CUs (who spend more of their resources on work/competition)
I am assuming (for now), a monopoly of power that enforces law and order and prevents crimes between C.U.s.
Note that CUs that spend most of their resources on instantiating busy EMs will probably end up with more human-like population per CU, and so (counting in human-like entities) may end up dominating the population of their society unless they are rare compared to low-population, high-subjective-wealth CUs.
I don't follow this. Can you elaborate?
I am assuming (for now), a monopoly of power that enforces law and order and prevents crimes between C.U.s.
Any system becomes feasible once you assume a monopoly on power able to enforce an arbitrary law code. Of course, if you think about where the monopoly comes from you're back to a singleton scenario.
This is part of a weekly reading group on Nick Bostrom's book, Superintelligence. For more information about the group, and an index of posts so far see the announcement post. For the schedule of future topics, see MIRI's reading guide.
Welcome. This week we discuss the eighteenth section in the reading guide: Life in an algorithmic economy. This corresponds to the middle of Chapter 11.
This post summarizes the section, and offers a few relevant notes, and ideas for further investigation. Some of my own thoughts and questions for discussion are in the comments.
There is no need to proceed in order through this post, or to look at everything. Feel free to jump straight to the discussion. Where applicable and I remember, page numbers indicate the rough part of the chapter that is most related (not necessarily that the chapter is being cited for the specific claim).
Reading: “Life in an algorithmic economy” from Chapter 11
Summary
Another view
Robin Hanson on others' hasty distaste for a future of emulations:
More on whose lives are worth living here and here.
Notes
1. Robin Hanson is probably the foremost researcher on what the finer details of an economy of emulated human minds would be like. For instance, which company employees would run how fast, how big cities would be, whether people would hang out with their copies. See a TEDx talk, and writings here, here, here and here (some overlap - sorry). He is also writing a book on the subject, which you can read early if you ask him.
2. Bostrom says,
It's true this might happen, but it doesn't seem like an especially likely scenario to me. As Bostrom has pointed out in various places earlier, biological humans would do quite well if they have some investments in capital, do not have too much of their property stolen or artfully manouvered away from them, and do not undergo too massive population growth themselves. These risks don't seem so large to me.
In-depth investigations
If you are particularly interested in these topics, and want to do further research, these are a few plausible directions, some inspired by Luke Muehlhauser's list, which contains many suggestions related to parts of Superintelligence. These projects could be attempted at various levels of depth.
How to proceed
This has been a collection of notes on the chapter. The most important part of the reading group though is discussion, which is in the comments section. I pose some questions for you there, and I invite you to add your own. Please remember that this group contains a variety of levels of expertise: if a line of discussion seems too basic or too incomprehensible, look around for one that suits you better!
Next week, we will talk about the possibility of a multipolar outcome turning into a singleton later. To prepare, read “Post-transition formation of a singleton?” from Chapter 11. The discussion will go live at 6pm Pacific time next Monday 19 January. Sign up to be notified here.