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He is right, technofeudalism is the future. However, I think this will end up be being seen as a good thing, and history will ultimately look back at the transi
by samr71 3y ago
He is right, technofeudalism is the future. However, I think this will end up be being seen as a good thing, and history will ultimately look back at the transition as being as obviously good as Monarchy -> Democracy.
- polotics 3y agocare to explain your thinking on this one?
- syndacks 3y agoNot OP but my read is that at some point we just tax the fuck out of the tech gods who “win”, creating UBI for the rest
- polotics 3y agoAllright. The big problem with this approach is you've fully gotten rid of the invisible hand of the market, you're in a top-down economy, and inefficiencies are bound to explode..
- pekantdook 3y agoOver hiring and laying off tens of thousands is efficiency! Sending empty planes in the air to keep take off slots is so efficient! …Stop parroting memes of the ossified that fall apart with 10 seconds of discussion.
- kelseyfrog 3y agoI am like a lot of people, near the point of giving up. If the choice is between wealth inequality and market ineffeciencies, I'm going to threaten picking market ineffeciencies simply as bargaining leverage against wealth inequality. Like all go threats, I'd be willing to pull the trigger.
- arbitrary_name 3y agoHear, hear.
- throw310822 3y agoEven if you tax the fuck out of them, they still own the place. Feudal lords didn't only have the rents from the plebs, they were also the ones taking all the decisions.
- drewcoo 3y ago> my read is that at some point we just tax the fuck out of the tech gods who “win”, creating UBI for the rest That's a happy ending, but who exactly how do "we" purchase the governments of the world back from the "tech gods" so that they can levy those taxes? In Halloween terms, vampires have already been invited into our home.
- masswerk 3y agoHowever, the very premise of techno feudalism is that they do not pay taxes, rather, it's them, who collect the rents. (Possibly with the prospect of these rents increasingly replacing taxes, as traditional territorial hegemonies are losing legitimacy.)
- srackey 3y agoPower comes out the barrel of a gun. Forms of government have always followed military technology. In the modern era, this means highly technical, complex supply chains, and the technical know-how to manage it all. As war is increasingly fought by AI powered drone systems (an inevitably, IMO) the firms with key value-add in this process will increasingly gain sovereignty. Power will be highly fractured in this environment between different “equity lords”. To justify their legitimacy, they’ll need to keep economic growth up (also an inevitability with the rise of AI) and probably also issue some sort of UBI. Basically expect the future of America to be a sort of modern Holy Roman Empire, with Microsoft in the role of the Hapsburgs.
- liveoneggs 3y agoBecause you will own nothing and be happy