Taking your thoughts further this fits very nicely into the idea of a deflationary currency and the impacts on manufacturing and the economy.
AI and its applications are more efficient for specific tasks, basically being limited by processing speed and bandwidth as you already mentioned, but also data that is machine readable. At least for now more less limited to the realm of the digital. Machines will be very useful to manage large amounts of data and will help us to make the step from reducing large amounts of data to trends and qualitative insights hidden in the data.
Humans are magnificent in being able to perform a lot of things but are more error prone for repetitive tasks but magnificently versatile.
Deflationary environments help to lay off the humans and replace them with more efficient special purpose machines designed for that specific purpose. People are then freed to be placed in more productive positions.
This has quite a nice effect on the economy like reducing prices while increasing productivity but requires people to learn and grow (which is usually not preferred in democracies where people do decide their fate mostly based on their emotions)
The fiat system basically lives of keeping people in their respective jobs by locking in the current state of the economy and the production and keeping it there as long as possible. We also see this in our recent past, we do build on the shoulders of giants but we really have issues with innovating substantially, which is, in my opinion, a function of not having a sound currency.
/ Christian Kaiser
npub123…cnxlq
2024-12-31 17:59:36
in reply to nevent1q…tq9e
Author Public Key
npub1235xnp86uwmqzrhhj78nrp8930j9qmr2x9f6axqtr26vy26jvyrqfcnxlqPublished at
2024-12-31 17:59:36Event JSON
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