Sam Patt
7.5K posts

Sam Patt
@SamuelPatt
Rational optimist | Worked on OpenBazaar | Wrote a book about Bitcoin | I love lifting / AI / Geoguessr / programming


got a framed copy to hang by the ai team

i don't get people who say "there will be new jobs with AGI" like how? if AI and robots are truly better than humans at every job we have today, how is it possible for humans to still be competitive? "but every time new tech arrives, new jobs pop up" sure, for the AIs maybe, you don't see horses being hired for transport anymore. if any job were to emerge in the post-AGI era, definitionally AGI would be able to do it better. any company that could be founded would be founded by the AGI before you got there. if it needs dexterity, a humanoid robot already has it. i do not understand how people building cars can tell you with a straight face that there will still be an economy for carriage riders.



What’s life like outside of the megaregions I feel like I’ve lived a lot of places but turns out never outside of a megaregion

Never stop saying "dozen" and "half dozen". Never stop using the word you read in an old novella. Never stop using your regional jargon. Don't succumb to an internationalized English stripped of its whimsy and romanticism in the name of streamlining global commerce.


I understand why everyone is dunking on Richard Dawkins, but fairness compels me to speak up: If you took a complex project you were working on, uploaded it to Claude, and had a 3-day conversation about it, you wouldn't be making fun of Dawkins for saying it's conscious.

Two economists just published a mathematical proof that AI will destroy the economy. Not might. Not could. Will — if nothing changes. The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled. The conclusion is one sentence. "At the limit, firms automate their way to boundless productivity and zero demand." An economy that produces everything. And sells it to nobody. Here is how you get there. A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself. Because the workers who were fired were also customers. When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation. The loop has no natural exit. The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements. Every single one failed in the model. The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger. No government has implemented this. No major economy is seriously discussing it. Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion." Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem. Rational behavior. At scale. Simultaneously. With no mechanism to stop it. Two economists built the math. The math leads to one place. Source: Falk & Tsoukalas · Wharton School + Boston University · arxiv.org/pdf/2603.20617





Everyone in the world has to take a private vote by pressing a red or blue button. If more than 50% of people press the blue button, everyone survives. If less than 50% of people press the blue button, only people who pressed the red button survive. Which button would you press?

a lot of yalls dislike of deviance is downstream of deviance correlating with mental illness. If people aren't mentally ill, you can sustainably have a lot of strange behavior in a flourishing, happy environment.





Serious question for AI optimists who believe AI will automate all work: In a society where there are no sources of income other than UBI, and thus everyone has the same income, how would positional goods be allocated?

@AlpacaAurelius "10,879 and 62,624 children born to fighter pilots and pilots of non-fighter type aircraft respectively were compared. The gender distribution of children born to both communities was similar to U.S. general population trends." Nope. sciencedirect.com/science/articl…



BREAKING: Iran has shot down a U.S. fighter jet, and a search and rescue effort is underway to locate two crew members, a source tells Axios
