Recent comments in /f/Futurology

voreteks t1_je5r13e wrote

I wasn’t sold anything. I simply admired the retro-futuristic dreams and portrayals of great visionaries and story tellers—and believe that individuals can come together today to create an oasis of possibility amongst likeminded people.

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J_Warphead t1_je5qhxi wrote

A heavily regulated capitalism where workers are required to get a fairer share for their labor.

This idea that all the money should go to everyone involved except the people who do all the work just isn’t functional.

Working full-time should guarantee a person all the necessities for a pretty good life. It did for the boomers.

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MpVpRb t1_je5q11i wrote

"Capitalism" is a complex mix of a lot of economic, social and political ideas

Economic systems will change and adapt to the new technologies. I'm hopeful that the new AI tools will allow us to improve economic systems to make them work better for all. Some may use the old names to describe the new ideas, or maybe a new name will be invented

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brokenearth03 t1_je5pyvp wrote

What is currency but a proxy for time spent/labor? Today, different peoples labor is exchanged for different values of currency.

If we reach the era where labor isn't necessary for the majority of daily life, what value does labor/time offer anymore? Why would a seemingly very low value commodity (labor/time) be used as a value exchange medium?

There may be a new thing that is developed as a pseudo-currency, based on some other intangible-value-made-tangible, but it wouldn't be a stand in for labor/time in this entire very made up, very simplistic scenario.

Something else would carry value, assuming the entire society is into personal possessions at that point. This may evolve into a communal situation for all we know. Post-need generations would have no need to accumulate. There surely may be some experience, travel, etc that may drive some, but even that may be trivial.

There is zero reason to apply your personal beliefs about the past to future societies that don't have the same restrictions or priorities.

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BookMonkeyDude t1_je5pd0x wrote

>Companies will still sell products, bills will still have to be paid, money will still have to be exchanged (for example, for robotaxis)

Why? Further, how? You just said 'no one is working', so who is going to be buying these products? Do you feel that people will still be able to acquire new products without being paid for labor? If 'bills need to be paid', fine, paid by whom? If money exists as a means of exchange then surely that money/value must be created, how? Do you feel as though innovation would simply cease if people stopped being paid for it? The question game can go both ways and I don't see how any answers you'd be able to provide would be any less disastrous than an attempt to transition away from a growth/capitalist economic paradigm. Your failure of imagination doesn't change the underlying fatal flaws building in capitalism, namely AGI, environmental degradation, a post-fossil fuel energy economy and a globally shrinking population.

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J_Warphead t1_je5pba5 wrote

For capitalism to succeed, The government has to be an opposing force. Capitalists are encouraged to prosper while the government rides on their back and makes sure it benefits the country as a whole.

When capitalism owns the government, it goes bad.

The US was built on the idea that you could come here and get filthy rich, and you would damn sure chip in to that government that allowed you to become so rich.

Income tax for the wealthy was traditionally very high, they benefited the most, they paid the most. Rockefeller became the richest man in the world while paying more than 75% income tax.

That worked. This doesn’t.

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KurtisLloyd t1_je5otr4 wrote

Iirc, a mass roughly the size of Mars collided with the Earth. The debris that was expelled from the collision was caught in the now larger planet’s gravitational field. At one point, the earth had a ring, that slowly accumulated into one large mass becoming our moon. I took some astronomy courses years ago, and that was what we were told about the formation of the moon.

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swifchif t1_je5osgw wrote

It's not going to disappear. But we do have complications, like monopolization and automation.

AI is an interesting new facet. It will likely disrupt more and more fields as it progresses. But this isn't a problem for capitalism. AI will either eliminate fields or simply change them. The quickest people to adapt to this will come out on top.

The real problems, in my opinion, are monopolization and regulations. Huge companies aren't kept in check well enough. They play politics and game the system. They're allowed to pollute the environment and nearly monopolize industries. Capitalism works when there's competition. I think it's safer at smaller scales when companies aren't too powerful.

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sassyfras12345 t1_je5oesi wrote

I was searching for ChatGPT and AI and this Sub caught my eye so I came in for a browse.
Have you guys heard of BlockStar? (disclaimer: I am helping out on the BlockStar Team).

It is a decentralized ecosystem, offering several different content creation platforms. From social media, to video, to digital/audio. It also has business utilities like video conferencing, large file transfer and CRM. BlockStar dropped DAISI (Decentralized Artificial Intelligence Support Interface) last week. Lots more to come!

The entire ecosystem is underpinned by blockchain. User data will never be sold off. Only the users can access their own personal data and they control what, if any, they wish to share.

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Jesse0100 t1_je5nyv9 wrote

Capitalism requires a strong consumer base to buy the products produced by capitalists. As robots take over more work in more industries companies fire more employees, eroding the financial strength of the consumer base and decreasing sales. Each company will keep trying to increase its own profits this way with no regard for the economy as a whole. I don't know where this will end but there will be a lot of suffering and poverty along the way.

Under a socialist system, more robots should result in employees working less hours while receiving the same pay, maintaining their ability to contribute to the economy.

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