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Something like this seems possible in the sense that the productivity gains, accruing to the few who master this, will be so massive that it will impoverish the
by jmfldn 4y ago
Something like this seems possible in the sense that the productivity gains, accruing to the few who master this, will be so massive that it will impoverish the rest of is. We could be talking Elysium levels of inequality.
The caveat here is that our economic setup, as unequal as it is now, will only tolerate a certain level of inequality before the system implodes. Such a massive centralisation of power would undermine capitalism itself. You'll destroy markets for a start if almost everyone becomes a penniless serf.