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Btw, for anyone who wants to read this book (its an interesting one) - https://www.antipope.org/charlie/blog-static/fiction/accelerando/accelerando-intro.html h
by shagie 5y ago
Btw, for anyone who wants to read this book (its an interesting one) - https://www.antipope.org/charlie/blog-static/fiction/accelerando/accelerando-intro.html https://www.antipope.org/charlie/blog-static/fiction/acceler...
Economics 2.0 starts at "Welcome to decade eight, third millennium"
A bit further down:
> Collapse of the trans-Lunar economy: Deep in the hot thinking depths of the solar system, vast new intellects come up with a new theory of wealth that optimizes resource allocation better than the previously pervasive Free Market 1.0. With no local minima to hamper them, and no need to spawn and reap start-ups Darwin-style, the companies, group minds, and organizations that adopt the so-called Accelerated Salesman Infrastructure of Economics 2.0 trade optimally with each other. The phase change accelerates as more and more entities join in, leveraging network externalities to overtake the traditional ecosystem. Amber and Sadeq are late on the train, Sadeq obsessing about how to reconcile ASI with murabaha and mudaraba while the postmodern economy of the mid-twenty-first century disintegrates around them. Being late has punitive consequences – the Ring Imperium has always been a net importer of brainpower and a net exporter of gravitational potential energy. Now it's a tired backwater, the bit rate from the red-shifted relativisitic probe insufficiently delightful to obsess the daemons of industrial routing. In other words, they're poor.