If it was just a backup against failing/weak institutions it would be relavively benign, but the problem is that it incentivises machiavellian types to undermin

If it was just a backup against failing/weak institutions it would be relavively benign, but the problem is that it incentivises machiavellian types to undermine society and nation states for their own personal profit - see e.g. The Sovereign Individual[0]. Combined with effective accelerationism[1] you can see why we could be heading towards somewhere a whole lot worse than The Bad Place. [0] https://en.wikipedia.org/wiki/The_Sovereign_Individual https://en.wikipedia.org/wiki/The_Sovereign_Individual [1] https://en.wikipedia.org/wiki/Effective_accelerationism https://en.wikipedia.org/wiki/Effective_accelerationism