New ask Hacker News story: Ask HN: If the singularity is nigh, why be frugal?

Ask HN: If the singularity is nigh, why be frugal?
4 by lisplist | 3 comments on Hacker News.
Hypothetically speaking - if the singularity is indeed within the next few decades, why bother saving any money at all and instead live as lavishly as possible? Practical reasons to save: a) What if it isn't? i) Maybe ASI takes a lot longer or the notion of exponential intelligence gains actually doesn't happen ii) Perhaps we wipe ourselves out via climate change/nuclear war/etc (in which case money still won't matter much) b) Money might still matter in a post-scarcity economy i) Some resources will still be scarce - how do we allocate them? c) Saving money is wise regardless of what happens i) People still saved during the cold war when nuclear war destruction seemed imminent Arguments for lavish living a) A post ASI world would likely look radically different. Hopefully in a good way, but still different. Might as well experience the world as it is now. i) If life becomes much worse, then either we will be dead, which means money doesn't matter, or life is terrible, in which case we might wish we'd enjoyed the good years we had. ii) If life becomes much better, then our savings probably don't matter so much as we've figured out the scarcity problem. b) Climate change might (and already has) result in the radical transformation of ecosystems, causing many experiences to possibly not exist in the future. i) Ideally ASI would help resolve climate change? Or at least greatly mitigate it. I, myself, am a pretty frugal person. I pay debts as quickly as I can, save as much as I can for retirement, and spend as little as possible. I think ultimately my 401k savings might useless by the time I'm old, but I do it anyways. My actions certainly conflict with the premise of my question. I have no clue if I should even believe in the concept of the singularity. Perhaps, in a lot of ways, it is like a religion. We've replaced the second coming of Christ with the arrival of AI. I think, ultimately, the sanest take is to assume nothing and continue to be frugal even if it's just giving myself the illusion of control over my own life into the future.

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