Comment by RH156 on Top 9+2 myths about AI risk · 2015-07-07T15:32:38.621Z · LW · GW

The reality , is that robots will subvert human society not because they are more intelligent or intent on doing humans harm, rather, they will scupper at least industrialised societies by simply being capable of most of the work now done by humans. It will be simple economics which does the trick, with employers caught between the Scylla of needing to compete with other employers who use robots to replace men (which will mean a catastrophic and irreparable lost of demand) and the Charybdis of having to throw away the idea of laissez faire economics and engage in a command economy, something which political elites raised on worship of the great god Market will have immense difficulty in doing.

Read more at https://livinginamadhouse.wordpress.com/2011/07/01/robotics-and-the-real-sorry-karl-you-got-it-wrong-final-crisis-of-capitalism/