> 2 - Dario and Dwarkesh were openly chatting about how the total addressable market (TAM) for AI is the entirety of human labor market (i.e. your wage). First is the replacement of white-collar labor, then blue-collar labor once robotics is solved. On the road to AGI, your employment, and the ability to feed your family, is a minor nuisance. The value of your mental labor will continue to plummet in the coming years.

Seems like a TAM of near-0. Who's buying any of the product of that labor anymore? 1% of today's consumer base that has enough wealth to not have to work?

The end-game of "optimize away all costs until we get to keep all the revenue" approaches "no revenue." Circulation is key.

It seems like they have the same blind spot as anyone else: AI will disrupt everything—except for them, and they get that big TAM! Same for all the "entrepreneurs will be able to spin up tons of companies to solve problems for people more directly" takes. No they wouldn't, people would just have the problems solved for themselves by the AI, and ignore your sales call.