@owocki @ameensol make communism great again Milady

Reaching way back into the archives, this is my top video of all time: Post-AGI Economics aka Post-Labor Economics A fundamental shift in economic paradigms is approaching as artificial intelligence and automation technologies advance at an unprecedented pace. This shift, which we might call post-labor economics, is characterized by the increasing ability of machines to perform not just manual labor but cognitive work better, faster, cheaper, and safer than humans. We're already seeing early signs of this transition, with tools like ChatGPT displacing high-skilled workers and Microsoft reporting 55% productivity increases with AI copilots. This transformation is driving massive price collapses across industries, where services that once cost thousands of dollars can now be completed for mere cents, fundamentally disrupting our traditional economic models. The implications of this shift extend far beyond simple job displacement. As aggregate consumer demand potentially decreases due to reduced employment, we'll need to fundamentally rethink our economic structures. Several industries appear poised to remain durable through this transition, including raw materials, energy, semiconductors, robotics, and experience-based services. However, other sectors like traditional healthcare, education, and financial services may undergo radical transformation or possible extinction. This economic reorganization will likely be accompanied by dramatic price collapses across many sectors, potentially reducing living costs by factors of 10 or more, which could help offset reduced consumer spending power. The transition to post-labor economics will require a new social contract between government, businesses, and citizens. This will need to include redistribution mechanisms to maintain economic stability and consumer spending power, whether through universal basic income, negative income tax, or universal basic services. Status and social value may increasingly be derived from non-economic activities like artistic expression, physical fitness, or intellectual pursuits, rather than traditional wealth accumulation and conspicuous consumption. The challenge lies not just in implementing new policies, but in fundamentally shifting our cultural narratives around work, wealth, and social value. Success in this transition will require careful balance between maintaining economic productivity and ensuring equitable distribution of resources in an increasingly automated world.

Degen communism: the only correct political ideology

@owocki @ameensol make communism great again Milady

AGI/ASI Agents will be able to replace any Advisor, Mentor, Professor, Consultant, Professional, etc.