Things hid and barr'd from common sense
The development of artificial general intelligence (AGI), and, indeed, precursors to AGI (things that 'spark' of AGI ), could give rise to cognitive inflation . Cognitive inflation is analogous to monetary inflation. In the case of monetary inflation, the value of money (its purchasing power) goes down, oftentimes due to an oversupply of money. Central banks attempt to control monetary inflation by controlling the supply of money, which can benefit certain groups and institutions more than others. In the ca
In the remainder of this article, I will elaborate on this idea. I will first give a quick overview of monetary inflation. I will discuss what it is, why it is important, and how it can be controlled. I will then draw out the analogy between monetary inflation and cognitive inflation, again, explaining what it is, why it is important and how it can be controlled. I will conclude by addressing some objections to the proposed analogy.