Thursday, September 10, 2015
distributive technologies, crypto, wealth for all, unemployment
But how is installing solar cells and batteries made in Asia going to change things so much? As these open-source creative commons technologies expand to local hydroponic gardening, waste recycling, bitcoin replacing contract law (lawyers, government, and banks), and smart-phone-organized car sharing for 20 yr olds without jobs, where and how does the money come into being and flow if there is no one needing to work for anything other than getting raw materials for their 3D printers? It's not just Chinese factory workers, checkout clerks, taxi cab drivers, utility workers, U.S. engineers, and banking/insurance jobs that are up on the chopping block this time. It's a total restructuring of society. Zillow will replace all real estate agents in less than 5 years. I rented a house out with it in 8 hours. Zerocoin, bitcoin, and ethereum are peer-to-peer cryptotechnologies that are very serious about beating each other out to be the primary one to replace everyone who works in finance, government, law, or insurance. This was the vision of the crypto-anarchists back in the 1990's who came up with these ideas. It includes anonymous payouts to anonymous recipients of assassinations. What will my neighbor do if I get him angry? Imagine if countries could use nuclear weapons anonymously. The vision of the not-too-distant future is that no one will need to work more than an hour a week unless it is for fun, or suffer the abuse of governments and banks. But how in the world are we going to organize in order to use such wealth? Can programmers really get cooperation down to a science so well that these cryptotechnologies will help us to remain peaceful?