factor-substitution
1 article
- Economic AGI Is a Factor-Substitution Threshold
Economic AGI is not a singularity or an ontological state — it is a factor-substitution threshold. Frontier models have crossed expert parity on standardized professional work at a fraction of human cost, and the threshold has been crossed for low-tail functions like customer support and content production. The remaining gap is autonomy, reliability, integration, and liability — not raw reasoning.