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But how this transition will even happen?

Soon we will have some machines that can replace 50% of jobs, and this will happen basically overnight...

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The steam engine replaced a lot of jobs. Tractors replaced a lot of jobs. Calculators replaced a lot of jobs. Computer used to be a job description before it was a personal device. There will be new jobs.
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Isn't the point of AGI that it can basically do any job?
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It won't happen though
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Come on, Gary is compulsive liar with zero credibility and really shitty takes. He’s entertaining though.
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Good take, I think his view is a bit simplistic. Also he also have a huge ego

"I am the best economist in UK!"

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Gary is not a voice worth listening to. A narcissist, fraud and has terrible epistemics.
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