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PECOS-9 comments on Open thread, Jun. 13 - Jun. 19, 2016 - Less Wrong
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What should you be doing right now if you believe that advances in AI are about to cause large-scale unemployment within the next 20 years (ignoring the issue of FAI for the sake of discussion)?
Get a job in an area that you don't believe to be affected and don't become a truck driver.
Make your money in the stock market. Time for money is a rubes game. Let your money make money.
One worry here is picking stocks that themselves only make sense in a "time for money" world. It's also maybe not obvious how to bootstrap into such a tactic without starting off with time for money yourself.
(That said, I think expecting your wages to decrease suddenly means you should save more now and invest it, given that you'll need to live off those returns later.)
I sort of thought money was a given. Like, if you don't have money now, and you think that AI is going to make it impossible to work...the question kind of answers itself, right? The economy has failed you, opt out in the manner of your choice. (disability, prison, marry money, whatever)
As far as picking stocks, I think its fair to say that the companies that sell the AI to put everyone else out of work will do well, as will those companies that use their products. Whatever flavor the AI unemployment takes ought to give you a bull period in some segments. Watch for those and ride it.