Subject: Re: OT mostly: forevers
dealreaker:
How much in the end will society put up with corporations, and an inevitably endless smaller segment of the population, having all the $?

A fascinating question, and timely. Wealth has been concentrating more over time for presumably built-in technical reasons. And we are facing a disruption in human employment that will almost certainly lead to at least short term unemployment rises with AI mixing things up, and quite possibly, for the first time in history, long term unemployability of a majority of the human population!

I don't imagine we will very easily cross the divide from our current "that's YOUR problem" approach to making a living to "no problemo there's enough for everybody" approach. If we just go in the direction we've been going, only more so, I'd imagine we'd wind up with a system even more of what you need to live is free, but we still have an economy beyond that.

My own desires to own a piece by owning stocks, especially in AI (and eventually robotic) companies is: maybe society will start giving it away, but in the meantime it won't be giving it away and the returns that had been going to labor because people did the jobs will now be going to the owners of the AI and the robots.

So in the long run, perhaps it doesn't matter, everybody will do all right whether they have an income or not.

But on the way to getting there, better to own a big chunk of the machine.

R: