Earlier quoted context omitted.
I still think Jevons Paradox has a role to play here. It was not obvious at all during the industrial revolution that the middle class would end up processing information, and to the displaced middle class, their prospects must have felt exactly like the article and your statement here. If we accept that information processing and process automation are about to become ludicrously cheap compared to now, what previous…
And all of that sounds great on paper, until - again - you remember that what's being pitched and sold is not the cotton gin, or industrial automation, or robotic assembly lines, but generalized artificial intelligence . The sales pitch is the eventual replacement for all human labor in a consumption-driven society . Who is going to buy flying vehicles when there's no jobs, and said vehicles are manufactured in dark…
Re: Global Intelligence Crisis
#201The answer drops out quite naturally. Nationalise or heavily regulate/tax inference. Until then it’s a wide eyed free for all wealth transfer arbitrage for capital. Net loss for society while it’s permitted.