The simplified argument is:
- Superintelligent AGI that can modify itself in pursuit of a goal is possible.
- If that AGI is not aligned with human goals it very likely ends in the end of humanity.
- We have no idea how to align an AGI or even really observe what it's true state/goals are. Without this capability if we stumble upon creating an AGI capable of improving itself in such a way that leads to super intelligence before we have alignment, it's game over.
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For point 1, that seems like the consensus view now (though it wasn't until recently). I think it seems obvious, but my general arguments would be humans aren't special, brains are everywhere in nature, biology is constrained in ways other systems are not (birth, energy usage, etc.)
For point 2, in pursuit of whatever its goal is, even a 'dumb' goal that happens to satisfy its reward functions, humanity will likely either try to stop it (and then be an obstacle) or at a minimum will just be in the way - like an anthill destroyed in the construction of a dam.
Point 3 is not controversial.
The dismissals from Tyler Cohen and Pinker are mostly just relying on heuristics which are often right, but even if they're right 999 out of 1000 times, if that 1 in 1000 error is the end of humanity, that's pretty bad. Most of the time a disease not a pandemic, but sometimes it is. I've read some of what Pinker has written about it, he doesn't understand EY's arguments (imo). Cohen's recent blog post could be summarized as "we'll likely see an end to peacetime and increasing global instability, might as well get AGI out of it". Just because things don't usually result in human extinction doesn't mean they can't.