This AI Prediction was made by Steve Fuller in 2003.
Predicted time for AGI / HLMI / transformative AI:
Nick Bostrom has provided a plausible scenario for how machine intelligence may match human intelligence by 2050. I do not doubt the technical efficacy of his research strategy
Opinion about the Intelligence Explosion from Steve Fuller:
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Flycer’s explanation for better understanding:
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The future of humanity with AGI / HLMI / transformative AI:
In that case, hyper-intelligent machines could have quite a powerful impact on human beings — namely, in terms of reconfiguring our labour markets. However, the force of this impact would hardly be novel. It would simply be an extension of capitalism’s general tendency toward systemic efficiency, only now applied to a very highly skilled class of workers
Flycer’s Secondary Explanation:
Hyper-intelligent machines could have a powerful impact on human labor markets. This impact would be an extension of capitalism’s tendency towards efficiency. It would be applied to a highly skilled class of workers.
About:
Steve Fuller is an American philosopher and sociologist of science. He is known for his work in the philosophy of science, social epistemology, and the sociology of knowledge. He is the Auguste Comte Professor of Social Epistemology in the Department of Sociology at the University of Warwick, UK. He is also a Visiting Professor at the University of Helsinki and a Senior Member of the Faculty of Philosophy at the University of Cambridge.
Source: https://www.academia.edu/33193552/When_history_outsmarts_computers
Keywords: Hyper-intelligent machines, Labour markets, Capitalism