Every time it happens it's a bit different, and it was a different generation. We will figure it out. It will be fine in the end, even if things aren't fine along the way.
I'm starting to come around to the idea that electricity was the most fundamental force that drove WW1 and WW2. We point to many other more political, social and economic reasonings, but whenever I do a kind of 5-whys on those reasons I keep coming back to electricity.
AI is kind of like electricity.
Were also at the end of a big economic/money cycle (Petro dollar, gold standard, off gold standard, maxing out leverage).
The other side will probably involve a new foundation for money. It might involve blockchain, but maybe not, I have no idea.
We don't need post-scarcity so much as we just need to rebalance everything and an upgraded system that maintains that balance for another cycle. I don't know what that system is or needs, but I suspect it will become more clear over the next 10-20 years. While many things will reach abundance (many already have) some won't, and we will need some way to deal with that. Ignoring it won't help.
I'm starting to come around to the idea that electricity was the most fundamental force that drove WW1 and WW2. We point to many other more political, social and economic reasonings, but whenever I do a kind of 5-whys on those reasons I keep coming back to electricity.
AI is kind of like electricity.
Were also at the end of a big economic/money cycle (Petro dollar, gold standard, off gold standard, maxing out leverage).
The other side will probably involve a new foundation for money. It might involve blockchain, but maybe not, I have no idea.
We don't need post-scarcity so much as we just need to rebalance everything and an upgraded system that maintains that balance for another cycle. I don't know what that system is or needs, but I suspect it will become more clear over the next 10-20 years. While many things will reach abundance (many already have) some won't, and we will need some way to deal with that. Ignoring it won't help.