Damus
Jeff Booth · 1w
If you understand that prices fall to the marginal cost of production in a free market, you also understand why there is a massively coordinated fear campaign by AI labs to drive regulation to try pro...
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One of the two main tenets of capitalism are profit motivations and owning the means of production. Your thesis, which I concur with, is the antithesis to capitalism.
I’m not exactly sure why the capitalist or capitalist supporter takes such hard offense to this, but nonetheless your thesis will end capitalism. You may want to claim “No True Scotmans Fallacy” but this does not change the facts.
Furthermore, I believe your thesis will lead to the end of money as we know it. Now, this is pure speculation but if you keep going with your own thoughts, surely you can’t deny what we don’t know exactly what this new world of abundance at little to no costs.
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