The AI economy is not creating a new economic order but accelerating the oldest one - feudalism with computational monopoly replacing land ownership. The concentration of AI capability in a handful of corporations, combined with the historical pattern of technological revolutions being captured by existing power structures, suggests a feudal outcome unless open source AI provides a structural counterforce. The question is not whether AI creates or destroys jobs, but who owns the intelligence infrastructure that will mediate all economic activity.
This essay examines Eliezer Yudkowsky’s advice on splitting donations between AI safety organizations and argues that while optimization-focused arguments for concentration may be technically correct, they assume false precision. The case for splitting donations rests on epistemic humility, organizational capture dynamics, the role of luck in wealth accumulation, and the value of decentralization as risk management in environments of deep uncertainty.