Alas, as seen in the above criticisms [links in a different spot in the original post], it seems far too common in the AI risk world to presume that past patterns of software and business are largely irrelevant, as AI will be a glorious new shiny unified thing without much internal structure or relation to previous things. (As predicted by far views.)
The rise of deep learning in recent years seems to be evidence in favor of [AI will be a glorious new shiny thing without much relation to previous things] (assuming "previous things" here is limited to things that affected markets at the time).
The history of vastly overestimating the ease of making huge firms in capitalism, and the similar typical nubbie error of overestimating the ease of making large unstructured software systems, are seen as largely irrelevant.
While I see how conventional economic models are obviously useful here, I do not see how they can be useful in predicting the performance of "novel computations" (e.g. a computation that uses 1,000,000 GPU hours and a shiny new neural architecture) or predicting some critical technical properties of the development of transformative systems (e.g. "is there a secret sauce that a top AI lab will suddenly find?").
Suppose, as this argues, that effective monopoly on AGI is a necessary factor in AI risk. Then effective anti-monopoly mechanisms (maybe similar to anti-trust?) would be significant mitigators of AI risk.
The AGI equivalent of cartels could contribute to risk as well, so the anti-monopoly mechanisms would have to deal with that as well. Lacking some dominant institutions to enforce cartel agreements, however, it should be easier to handle cartels than monopolies.
Aside from the "foom" story, what are the arguments that we are at risk of an effective monopoly on AGI?
And what are the arguments that large numbers of AGIs of roughly equal power still represent a risk comparable to a single monopoly AGI?
Basically, in this post Robin Hanson argues that AI systems will have multiple separate components, rather than be a big uniform lump, arguing by analogy with the multiplicity of firms in the economy. Some excerpts: