<p>This paper argues that, even under hyperadvanced artificial intelligence, human beings remain irreducible co-creators of economic value in any economy that continues to serve human ends. Drawing on the Austrian conception of the productive process, we identify three functions whose scarcity originates not in any deficit of computational capacity but in the preferences, constraints, and fallibility of human agents: intertemporal waiting, the absorption of genuine uncertainty, and entrepreneurial judgment. Because their supply remains scarce relative to the economic need for them, these functions sustain three persistent forms of income—pure interest, uncertainty premium, and entrepreneurial profit—however powerful the available AI may be. Far from rendering them dispensable, AI may intensify the demand for them: by expanding the range of achievable productive processes, it endogenously generates new human wants; by widening the activities open to human agency, it multiplies opportunities for self-realization through creation. AI commoditizes intelligence, not the agency of those who wait, bear uncertainty, and ultimately judge. We conclude that a society of owners—one where ownership of productive capital, including AI-augmented capital, is sufficiently widespread—preserves human productive agency more effectively than a universal basic income or centralized planning.</p>