Comment by WarmWash
14 hours ago
By that point money ceases to have value, because the value of money comes from the motivation it gives people to work. If AI does everything, then money is useless (unless AI like money for some reason).
14 hours ago
By that point money ceases to have value, because the value of money comes from the motivation it gives people to work. If AI does everything, then money is useless (unless AI like money for some reason).
There will still be a need to distribute and exchange ressources, goods and services.
Real estate, food, energy, mobility.
That will be done with money. Or violence. Either way, a scary future to people when labor doesn't provide any value. Elon promises abundance, but what can he do against greed?
I am genuinely worried about violence, especially if people start losing their jobs due to automation.
People are still going to be motivated to eat and have shelter.
Of course, but who (what?) is going to make the food and the shelter?
Either way, it's not going to be free, so if money ceases to have value, we are going to have a problem. That's my point.