It is all almost making richer even more richer, instead of properly hiring people for HR, AI bots. Instead of having more people at the supermarket, have the customers work as if they were employees, the only thing missing is fetching stuff from warehouse when missing on the shelves, but still pay the same or more. Instead of paying to artists, do job ads using generated AI images with code magically showing off mon…
> except they forget people also need money to buy their goods. Do they? Money is simply the accounting of debt. You do something for me, and when I can't immediately do something in return for you, you extend a loan to me so that I can make good on my side of the bargain later. If we record that I owe you something at some point in the future, we just created money! But if I don't need anything from you — because, s…
But we are far away from this utopia, this utopia will require a ton of energy to be produced just to run the AI supervision layer, so hopefully by then we'd have fusion energy or something else figures out, and to achieve this utopia there will be a transition period.
I am actually worried about the transition period in your fictional world. Some people will be replaced long before the deprecation of money. It's a lot of people that is going to suffer from extreme poverty if we don't think this right, which I believe is what the OP comment was about.