My average non-sexy idea of what AI doom looks like is AI capability reaches new heights from recursive self-improvement, it makes someone obscenely rich and powerful, they totally defer to it, and the economy warps around it until all good opportunities rely on dealing with and ceding power to it.
Certain kinds of smart people tend to have a "sexy apocalypse" problem when it comes to thinking about risk. E.g. skynet turning everyone in paperclips, while bad, is also *kind of cool and fun* at the same time. Where the reality is that most actual disasters are both stupid and disappointing.
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