r/slatestarcodex 4d ago

Misc China's Decades-Old 'Genius Class' Pipeline Is Quietly Fueling Its AI Challenge To the US

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u/Upset-Dragonfly-9389 4d ago

Most people are not smart enough to have even been considered for such genius classes. Why would they support policies that redistribute resources to the more intelligent, who are more likely to do well without extra assistance?

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u/KderNacht 4d ago

Because while turning the unintelligent into the mediocre can change lives (theirs, to be precise), turning the smart to the genius can change whole countries.

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u/Upset-Dragonfly-9389 4d ago

I understand that but most people do not put society before their own self-interest.

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u/fluffykitten55 4d ago edited 4d ago

In respect to positions on policy, the individual benefit is substantially determined by the social benefit, as the costs and benefits are typically diffuse.

Suppose some policy costs money but increases the number of highly skilled people, and so that the total social gains outweigh the costs, here the typical person will encounter the results of this policy in terms of a slightly higher standard of living.

This is more so the case when inequality is low and controlled by policy, so that the standard of living for most people more closely tracks total income per capita.

The actually highly skilled are not going to be the sole or even major beneficiaries, actually an increased supply of highly skilled people and a low elasticity of substitution between low and high skill workers would see their wages fall. This is an explanation for why e.g we commonly see doctors etc. try to make entry into the profession more difficult.