RE: Playing Around with Idena by lukestokes

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blockchain · @lukestokes · Jan 3 '21

Thanks for stating your opinion, but do you have a better plan for how humanity will deal with 40%-60% of all jobs going away due to automation and super intelligent AI? This won't be like the past because just about _every_ job position will be vulnerable.

Some previous writings on the topic:
* <a href="https://peakd.com/economics/@lukestokes/does-the-world-need-a-universal-basic-income-could-steem-power-it">Does the World Need a Universal Basic Income? Could Steem Power It?</a>
* <a href="https://peakd.com/artificial-intelligence/@lukestokes/the-morality-of-artificial-intelligence">The Morality of Artificial Intelligence</a>
* <a href="https://peakd.com/basicincome/@lukestokes/outside-the-tribal-meme-space-ubi-for-non-socialists">Outside the Tribal Meme Space: UBI for Non-Socialists</a>

The entire point is this _will be created_ no matter what. The key is ensuring we do it before governments using decentralized, self-sovereign blockchain solutions we control.

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@jacobtothe · Jan 3 '21

People have been proclaiming mass systemic unemployment due to technological advancement since the dawn of the industrial age. I hasn't happened. Labor is the most scarce of all factors of production, and tools multiply labor instead if replacing it. Labor is then free for new previously-unimagined ventures. There will most certainly be disruptions in the economy, but I haven't seen anything that seriously changes the trend.

If it weren't for the burdens imposed by taxation and cronyism, we would ne far wealthier than we are now. Technology isn't the threat, it is the people who promise to save us fron technology while monopolizing it for their own benefit.

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@lukestokes · Jan 4 '21

Have you read Nick Bostrom's Superintelligence?

I do believe it's different this time.

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@jacobtothe · Jan 4 '21

IF it will be different this time, and I remain skeptical on that front, the answer will still lie in decentralization, not government UBI and digital IDs.

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1 reply

@revo · Jan 4 '21 (edited)

It's definitely different this time.  It takes an incredible lack of imagination to proclaim that it's going to be like the last industrial revolution.

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