top | item 44622108

(no title)

enknee1 | 7 months ago

The larger issue is that money is fundamentally a record of human effort (unless we're talking corporate value and then it's something a bit more).

With the automation of labor and cognitive effort, MONEY won't matter. They don't need customers. They only need the automation required to produce. Which will be broadly and cheaply available, all the way to the end because people will be competing for disappearing jobs.

There is no precedence for this kind of change; think Internet, computers, and the assembly line all packed together into a 5 year window, globally. And consider that there's no apparent end to the level of development and impact. Using historical metrics (like customer base or resource availability) is not going to help understand what's coming.

discuss

order

No comments yet.