Even before getting into the economics of it, I'd like to know where the AI people think the money is supposed to even come from.
@DHuskytron The abundance that AI creates, OBVIOUSLY. You just don't get it.
@Rahll Right, my bad. I'm such a decel. 😞
@DHuskytron They have hard time imagining how much money is buoying their new toy or that their new toy just keeps burning that money instead of making more, and you expect them to know THAT?
@politeabox You're right, I was definitely wrong to even expect them to know. My mistake! Lol.
@DHuskytron If we have a post-scarcity economy, I want a million Ferrari's. Can I have that?
@JadeCole2112 Stop thinking so small. You can have ten trillion!
@DHuskytron I mean, technically the government/fed can just type the money into existence. But that causes inflation, so…
@TonyIllustr8s Exactly. I do doubt that the government will just give the money away, no matter how much they print though.
@drsarkchasmmd Yeah, I should have known. My bad.
@DHuskytron They aren't thinking any of this through.
@HIMMON2176 They aren't thinking period.
@DHuskytron 1) Convert world economy to crypto. 2) Promote currency that can only be "mined" by hyper-intelligent AIs. 3) Eat world economy. Oh. You thought they were going to give it to the poor???
@DHuskytron I mean they're not wrong in a sense -- yeah the economy stops working when unemployment is effectively 100% Thanks AI bros, you waving your hands saying we're somehow going to still have jobs with AGI running amok is silly. UBI is so far kind of the closest thing we have.
@DHuskytron Ai economy is just...
@DHuskytron It's so funny how guys like Elon talk about UBI, but if they have to pay any taxes they cry about it and change states.
@DHuskytron I like how this “Age of Abundance” relies on the “goodwill” of a few socially awkward thieving sociopathic Techbros to the rest of humanity…yeah, it’s not gonna work the way the AI signal boosters think.
@DHuskytron The average AI person thinks money comes from stock options when their start-up, trained on stolen data, floats for a beeeeeellion dollars, despite never making a profit.
@DHuskytron It’s funny too because they don’t know that mass unemployment is bad for the economy
@DHuskytron Well are they the same bunch that think food solely comes from the supermarket?
@DHuskytron I asked ChatGPT and it told me the solution is Money Trees. They give around 1.2k Simoleons a day
@DHuskytron Same as now (out of thin air).
@DHuskytron It's such a flawed argument.
@DHuskytron Where does money come from today This is not a sarcastic question, what *is* money, and how is it created