Assuming the absolutely best case scenario. The most likely outcome in a World of AI driven abundance. A certain basic level of existence becomes more or less guaranteed. Whether through Government intervention or by simple virtue of the fact everything becomes so cheap as to be achievable by anyone with two brain cells to rub together.
To the Authors point. An Economy and therefore money, whatever form it may take, would likely still exist. By simple virtue of the fact we’d start assigning a value. However arbitrary it may be to various items. Such as he so succinctly notes. Verified and certified Human created Collectibles. Possessing human created goods could also become a status symbol. In a world of mass produced IKEA bookshelves. Bookshelves made by an actual Human Carpenter could become a status symbol. General Luxury Goods or goods perceived as being luxurious would also be a major draw.
The only mistake I can see the Author making is the mistake of assuming there might be some measure of rationality or logic towards people deciding what’s valuable in this theoretical future. That isn’t necessarily a guarantee. Especially in the era of memes and general internet stupidity.
But aside from that. I don’t see a flaw in his logic that an economy and money of some sort will likely continue existing. Regardless of what AI and technology does or does not do.
I think its not AI driven Abundance, but rather Abundance driven AI.
Think about it - in a world of Abundance, who will do all the menial jobs? In the past it used to be slaves - either serfs, or colonization or slave labour etc. But in future where Abundance is for everyone, someone has to do the menial jobs.
Thats where AI becomes relevant. AI is not the master that humanity will server a many here are afraid. AI is the servant that serves humanity.
Assuming the absolutely best case scenario. The most likely outcome in a World of AI driven abundance. A certain basic level of existence becomes more or less guaranteed. Whether through Government intervention or by simple virtue of the fact everything becomes so cheap as to be achievable by anyone with two brain cells to rub together.
To the Authors point. An Economy and therefore money, whatever form it may take, would likely still exist. By simple virtue of the fact we’d start assigning a value. However arbitrary it may be to various items. Such as he so succinctly notes. Verified and certified Human created Collectibles. Possessing human created goods could also become a status symbol. In a world of mass produced IKEA bookshelves. Bookshelves made by an actual Human Carpenter could become a status symbol. General Luxury Goods or goods perceived as being luxurious would also be a major draw.
The only mistake I can see the Author making is the mistake of assuming there might be some measure of rationality or logic towards people deciding what’s valuable in this theoretical future. That isn’t necessarily a guarantee. Especially in the era of memes and general internet stupidity.
But aside from that. I don’t see a flaw in his logic that an economy and money of some sort will likely continue existing. Regardless of what AI and technology does or does not do.
I think its not AI driven Abundance, but rather Abundance driven AI.
Think about it - in a world of Abundance, who will do all the menial jobs? In the past it used to be slaves - either serfs, or colonization or slave labour etc. But in future where Abundance is for everyone, someone has to do the menial jobs.
Thats where AI becomes relevant. AI is not the master that humanity will server a many here are afraid. AI is the servant that serves humanity.