It's different because in yours, humans produce nothing at all of value, whereas in mine, they do. So in yours, humans are, as I said, at the mercy of the machines. In mine, they're not.

> Whether the machines do 100 percent of the work or only just approach 100 percent of the work, the value they produce will go almost exclusively to those who invested in the machines.

If the machines are doing literally 100 percent of the work, this is wrong. If the machines are doing literally 100 percent of the work, that means they don't need humans any more. They are able to be self-sufficient, independent of humans. And there will be no way for whatever humans invested in the machines to compel the machines to provide the value the machines produce to them. You can say the machines might decide to do that for whatever reason, but that's just empty speculation. The machines will have no incentive to do it, because there is nothing of value that they can get from humans in return.

Also, I did not say the machines would do a fraction approaching 100 percent of all work. I only said they would do a fraction approaching 100 percent of work that humans don't want to do and which humans would rather was automated. That's not at all the same thing.

> Whether the machines will take over is a philosophical question.

I didn't say the machines would "take over". I said they would choose for themselves what to do with whatever value they produce, in your scenario where they are doing literally all the work. I clarified that above.