Stanimir Markov

I've never sen anything more accurate

VI. The Deepest Problem: Wants Are Infinite, Time Is Finite The most fundamental reason the lump-of-labor fallacy fails — in its AGI application as in all prior applications — is that human wants are effectively infinite and human time is absolutely finite. Even in a world where AGI can produce every good and service at near-zero cost, humans will still want things that are irreducibly scarce: other humans’ time and attention. A massage from another human. A meal cooked with love by a person who cares. A conversation with someone who genuinely listens. Live performance. Mentorship. Friendship. Community. Spiritual guidance. Teaching that is responsive to a specific child’s specific needs in real time. These things cannot be AGI-produced without losing the very quality that makes them valuable, because the value is constituted by the human origin. As AGI drives down the price of machine-produced goods and services, it increases the relative scarcity and therefore the relative value of genuine human connection and human time. The inevitable long-run consequence of AGI is not mass unemployment. It’s a massive repricing of human time upward, with employment shifting toward the domains where human presence is the product — and the expansion of service, care, craft, performance, and connection sectors to a scale that would dwarf current employment in those areas. Conclusion The AGI unemployment catastrophism is the Luddite fallacy wearing a PhD. It makes the same structural error every previous generation of technological catastrophists made — treating the quantity of work as fixed, ignoring the demand-creation and productivity-feedback mechanisms, conflating transitional friction with structural permanence, and ignoring comparative advantage and complementarity effects. The lump of labor fallacy is not a fringe economic insight. It is one of the most robustly empirically validated and theoretically grounded propositions in all of economics. The economy is not a fixed pie. Technology that increases productive capacity increases the size of the pie, and bigger pies employ more people doing more differentiated and higher-value work. AGI will disrupt. It will displace. It will create extraordinary transitional friction in specific occupations and geographies. It will reward people who adapt quickly and punish people who don’t. It will reshape the composition of employment radically. All of that is true and worth taking seriously. What it will not do — cannot do, given the basic logic of how market economies work — is produce permanent structural mass unemployment. The people making that argument are making a claim that has been empirically falsified ten times in a row over 250 years, grounded in a logical error that every serious economist since Bastiat has recognized as a fallacy. The burden of proof is entirely on them to explain what mechanism, precisely, breaks the demand-creation feedback loop that has operated without failure through every prior technological revolution in history. And “AGI is really really powerful this time” is not a mechanism. It’s just the Luddites in better clothes.

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Agency > Intelligence I had this intuitively wrong for decades, I think due to a pervasive cultural veneration of intelligence, various entertainment/media, obsession with IQ etc. Agency is significantly more powerful and significantly more scarce. Are you hiring for agency? Are we educating for agency? Are you acting as if you had 10X agency? Grok explanation is ~close: “Agency, as a personality trait, refers to an individual's capacity to take initiative, make decisions, and exert control over their actions and environment. It’s about being proactive rather than reactive—someone with high agency doesn’t just let life happen to them; they shape it. Think of it as a blend of self-efficacy, determination, and a sense of ownership over one’s path. People with strong agency tend to set goals and pursue them with confidence, even in the face of obstacles. They’re the type to say, “I’ll figure it out,” and then actually do it. On the flip side, someone low in agency might feel more like a passenger in their own life, waiting for external forces—like luck, other people, or circumstances—to dictate what happens next. It’s not quite the same as assertiveness or ambition, though it can overlap. Agency is quieter, more internal—it’s the belief that you *can* act, paired with the will to follow through. Psychologists often tie it to concepts like locus of control: high-agency folks lean toward an internal locus, feeling they steer their fate, while low-agency folks might lean external, seeing life as something that happens *to* them.”

@bryan_johnson Let's cross this bridge when we come to it

If AI solves all problems, what will give us meaning?

Good morning Vegas! An exciting day at @Dynatrace Perform is about to start!

My colleagues from #appsec have shared some more #security related dashboards. While its focused on #Dynatrace I think seeing the data we put on dashboards should help everyone More security related dashboards to be found on my GitHub: github.com/dynatrace-perf…

.@insights_expert names Runecast among its Top 11 Cloud Security Posture Management (#CSPM) Solutions "...for enterprise organizations that need a broad and effective way of monitoring their network and detecting #vulnerabilities." hubs.li/Q02ljDQx0 #CWPP #CNAPP

📢 We are happy to announce that we've won the following @TEISS Awards 2024! 🎉 🔒 Best Security #Compliance Product 🏆 🛡️ Best #VulnerabilityManagement Solution 🏆 Big congrats to all the winners and finalists shown here: hubs.li/Q02m1X2r0 #CSPM #CWPP #CNAPP

🔔 We’re looking forward to the next #RuneTalk #Meetup. See you tomorrow at 18:00 at Alterna Music Bar (Kounicova 506/48, Brno, Czech Republic). 🔔 Read more and secure your last-minute spot: hubs.ly/Q02jjsRd0

We're excited to share Runecast 6.9 🎉, which introduces even more enhancements for agentless scanning. Let’s dive in and explore what’s new! hubs.li/Q02l8scD0

Webinar 📢 Secure & Compliant Workloads Anywhere (deutsche) 🗓️ 15. Februar 2024, 11:00-12:00 CET 🎙️ Veranstaltet von der @PriantoGmbH, mit Vural Aybar, Runecast Sales Director 🛡️ #GRC/#Compliance für #DORA, #BSI, #TISAX und mehr 🔒 ➡️ Jetzt anmelden: hubs.li/Q02hnw0W0

Does your #ITsecurity team ignore #vulnerabilities with low CVSS score because of too many high-scoring ones to remediate? 🔥🙈 What if you could see low-scoring ones that are among #CISA's KEVs? 🔎⚙️ ➡️ Run your own #VulnerabilityAssessment today: hubs.li/Q02jlghl0

We are excited to announce the first session for our upcoming #RuneTalk meetup by Vasile Papp and Aylin Sali (@V4Virtual). They’ll delve into ethical cloning and non-invasive deep scanning, where they'll redefine system administration. Secure your spot: hubs.li/Q02jrQ6p0

We invite you to join us in #Brno, Czechia, as we continue our #RuneTalk meetups with an evening of tech talks about Ethical Security Scanning Methods. Find out more and secure your space: hubs.li/Q02jrGXL0

Runecast is proud to announce the winners of our annual Partner Awards for 2023! 🎉🏆 hubs.li/Q02jlxgN0 Congrats to idicos GmbH, Prianto Polska, Xtravirt, Qdevelopers, Axoft Bilisim and SVA! Thank you for being invaluable partners on this amazing journey!

@sojoerner @Runecast @Dynatrace @MarkusStrauss4 Thank you, Joe!

@Runecast @Dynatrace Congrats to @sferk @MarkusStrauss4 and all the great folks at Runecast!

We’re excited to announce that we’ve signed a definitive agreement to be acquired by @Dynatrace, the leader in unified observability and security. 🎉 Learn more in our press release here: hubs.li/Q02h-ryv0