(its where the excess profits from mechinisation will be fed back to the citizens so that they don't need to work as much. That failed spectacularly.)
PG's argument is a huge amount of words to miss the point. Money is a tool that reflects power. Wealth derives from power.
> AI & robots will generate wealth at unprecedented scale. In the future, you won't have a job nor have any money,
I would gently tell you that you might want to look at the living conditions of the working class in the early 20th century. You might see planned cities like borneville or what ever the american version is. they were the 1% of working classes. The average housing was shit, horrid shit. If AI takes off and makes say 10% of the population jobless, thats what those people will get, shit.
It wasn't until those dirty socialists got into power in the UK (I don't know about other countries) did we start to see stuff like slum clearances where the dispossessed we actually re-homed. rather than yeeted to somewhere less valuable.
https://en.wikipedia.org/wiki/Social_credit
(its where the excess profits from mechinisation will be fed back to the citizens so that they don't need to work as much. That failed spectacularly.)
PG's argument is a huge amount of words to miss the point. Money is a tool that reflects power. Wealth derives from power.
> AI & robots will generate wealth at unprecedented scale. In the future, you won't have a job nor have any money,
I would gently tell you that you might want to look at the living conditions of the working class in the early 20th century. You might see planned cities like borneville or what ever the american version is. they were the 1% of working classes. The average housing was shit, horrid shit. If AI takes off and makes say 10% of the population jobless, thats what those people will get, shit.
It wasn't until those dirty socialists got into power in the UK (I don't know about other countries) did we start to see stuff like slum clearances where the dispossessed we actually re-homed. rather than yeeted to somewhere less valuable.