The idea of biological or cultural evolution causing a mass population explosion is a philosophical toy at best. The idea of technology making it possible is both plausible and terrifying. Now we see that “physical limits” segues very naturally into “excess resources” – the ability to create new agents very quickly means that unless everyone can coordinate to ban doing this, the people who do will outcompete the people who don’t until they have reached carrying capacity and everyone is stuck at subsistence level.
[…]
In the earlier stages of the process, capitalism becomes more and more uncoupled from its previous job as an optimizer for human values. Now most humans are totally locked out of the group whose values capitalism optimizes for. They have no value to contribute as workers – and since in the absence of a spectacular social safety net it’s unclear how they would have much money – they have no value as customers either. Capitalism has passed them by. As the segment of humans who can be outcompeted by robots increases, capitalism passes by more and more people until eventually it locks out the human race entirely, once again in the vanishingly unlikely scenario that we are still around.