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The definition of ideal here is based on: - minimizing risk - maximizing profit - making as much money as possible Up until the 80s, capitalism would optimi
by camillomiller 3y ago
The definition of ideal here is based on:
- minimizing risk
- maximizing profit
- making as much money as possible
Up until the 80s, capitalism would optimize for this result with businesses that still somehow benefited society in one way or another.
Once the computer revolution made it possible to operate at a higher abstrac level, especially on financial markets, the optimization game has become a many-times derivative of the basic needs of functioning societies.
Today the perfect business responding to those tenets is very much a business that could potentially be detrimental or world-ending for society, especially with the advent of AI. In some ways, the pesky humans are an annoying hindrance in the process of extreme optimization.
We still look at this maximization problems with the frameworks and cultural upbringing we solidified with pre-internet-revolution capitalism, with the winners dwelling on their survival bias, and the losers being pushed further down, inequalities growing rampant, and societal fabric being sacrificed at the altar of capitalist absolutism.
- drbig 3y ago> the pesky humans are an annoying hindrance in the process of extreme optimization. This warrants emphasis, as this is the logical outcome of how the socioeconomic systems are nowadays. "Evil people conspiring together" are absolutely not necessary. And equally no amount of "good people" will remove that end condition.