So all the labs that are aiming for AGI say they will have a system smarter than a human at every intellectual task in the future. Have any of them actually said what THEY are going to do with this? Are they building the capacity to trade stocks? Do pharma research? Why not?

Capturing a small proportion of the value created through charging for API calls seems kind of weak.

The reason you sell API access is so other firms with specialized knowledge & assets can figure out how to generate additional profits from the value you are giving them. But if your machine is really smarter than humans, it substitutes for many specialized assets & knowledge.

I don't think a lot of people are really considering what "a machine smarter than humans at every intellectual task" means for the organizations that have one. Human capital is largely the determinant of organizational success.

@emollick If the global government released a confirmation that an alien intelligence was on its way to Earth and would arrive in 5 years, we would descend into chaos...