The question that the ideas are supposed to be in response to is:
What are the critical infrastructures that only government can help provide that are needed to enable creation of new biotechnology, nanotechnology, and information technology products and innovations -- a technological congruence that we have been calling the “Golden Triangle" -- that will lead to new jobs and greater GDP?"
Here are links to some proposed ideas that you should vote for, assuming you agree with them. You do have to register to vote, but the email confirmation arrives right away and it shouldn't take much more than two minutes of your time altogether. Why should you do this? The top voted ideas from this request for ideas will be seen by some of the top policy recommendation makers in the USA. They probably won't do anything like immediately convene a presidential panel on AGI, but we are letting them know that these things are really important.
Research the primary cause of degenerative diseases: aging / biological senescence
Explore proposals for sustaining the economy despite ubiquitous automation
Establish a Permanent Panel or Program to Address Global Catastrophic Risks, Including AGI
Does anyone have any other ideas? Feel free to submit them directly to ideascale, but it may be a better idea to first post them in the comments of this post for discussion.
So, if say a million people owned all of the machines in the world, and they had no use for the human labor of the other billions of people in the world, you would still classify the economy as very effective?
I guess the question is what counts as an economic crash? A million extremely well off people with machines to tend to their every need and billions with no useful skills to acquire capital seems like a crash to most of the people involved.
The following quotation illustrates the context of the discussion:
"once full automation penetrates the job market to a substantial degree, an economy driven by mass-market production must ultimately go into decline. The reason for this is simply that, when we consider the market as a whole, the people who rely on jobs for their income are the same individuals who buy the products produced."
This claim relates to the state of the marketplace - and not to the status of ... (read more)