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we do not use money because it makes sense. money exists in the form it takes today because of human nature. we think someone has to earn their food. we think a
by temp-ora 10y ago
we do not use money because it makes sense. money exists in the form it takes today because of human nature. we think someone has to earn their food. we think a homeless person deserves a handout because they look like they are at least trying to get on their feet (or not when they dont). machine intelligence is not the only problem that our wealth distribution system is facing. we have faced massive inequality before, and are facing it right now, and no solutions have been implemented. and like all the trials of equality before it, the automation of jobs will result in the smartest and fasted humans owning the vast majority of wealth and influence while the rest of us sit in mud.
- chillwaves 10y ago> the automation of jobs will result in the smartest and fasted humans owning the vast majority of wealth and influence while the rest of us sit in mud. So you are arguing the rich are rich because they are the smartest? I would tweak your assessment. The rich are rich because wealth perpetuates the capture of wealth at a rate greater than the expansion of the economy.
- temp-ora 10y agohaving wealth is one half of the equation when it comes to self perpetuation of wealth. being very smart is the other half. look at people who win the lottery. they spend it all away, often becoming broke. and the people who get wealth in the first place are more likely to be smart. smart people end up getting a lot of money because they are smart. and they use it to stay wealthy because they are smart.