Linked by Eugenia Loli on Sun 9th Sep 2007 21:06 UTC
Geek stuff, sci-fi... Technologists and investors gather at the two-day Singularity Summit in San Francisco to discuss the benefits and risks of advancing artificial intelligence--and what to do in the event that machines one day out-think humans.
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A new deal
by EsoX on Mon 10th Sep 2007 06:23 UTC
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With production costs at a zero and an ever diminishing need for human labour, I see two futures and neither has much to do with popping a red or blue pill ;)

In one; capitalism like we know it lives on, because however cheap production gets there will still be a margin on which to make a profit. Trading will continue, research will continue and wealth accumulation will continue. However there will be no need for human workers and all other classes than the most privileged will be wiped out through a race to the bottom in wages and living standards. With only few mega rich left we might even see a world "democracy" born since few enough voices needs to be heard.

In the other; people outside the richest class see the threat in time, while they still hold political power, and do something about it. Instead of letting wealth accumulate in the hands of very few, a regime where the resources and means of production come under direct democratic governance is established. Thus making sure that everyone can be provided with an equal share out of the wealth created. In this future even a "useless" person who only has his manual labour to sell, can have children some day.

The choice is and has always been with us the people.

Have a good day. ;)

Edited 2007-09-10 06:24

Reply Score: 1