Comment by Calum Chace

The economic singularity can liberate us from wage slavery, and spark a second renaissance. But we will need a different form of capitalism – fully automated luxury capitalism – to achieve the economy of abundance. The technological singularity is when we create human-level artificial intelligence (artificial general intelligence or AGI), which goes on to become a superintelligence. Both these singularities could have wonderful consequences for us – or terrible ones. AI Unverifiable source