"Society will reject capitalism once automation nears 100%."
—reddit thread on research milestones
It's easy to appreciate that in post-material society in which robots self-replicate and do all the work, there will be little use for capital markets in common material goods.
But won't there always be a market in rare goods?
As well as in research and the arts? ... at least until AI can staff the research labs and produce the entertainment for us--but at that point won't humans be obsolescent anyway?
Today in Supreme Court History: July 12, 1909
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7/12/1909: 16th Amendment is submitted to the states. The post Today in
Supreme Court History: July 12, 1909 appeared first on Reason.com.
2 hours ago



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