Laeserin on Nostr: Irrelevant to the fact that they can continue this, indefinitely, because the machine ...
Irrelevant to the fact that they can continue this, indefinitely, because the machine will continue to rise in productivity and efficiency, and human productivity and demographics will decline in the interim period, so that they can't simply go back to having humans do it.
The machines are increasingly competing against other machines, rather than against humans. The most-efficient machines will monopolize a market, the others will give up, and then the winning machines can earn a profit.
People think Bitcoin fixes this, but it doesn't. Bitcoin just keeps humans treading water a little bit longer.
Published at
2025-05-28 05:25:54Event JSON
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"content": "Irrelevant to the fact that they can continue this, indefinitely, because the machine will continue to rise in productivity and efficiency, and human productivity and demographics will decline in the interim period, so that they can't simply go back to having humans do it.\n\nThe machines are increasingly competing against other machines, rather than against humans. The most-efficient machines will monopolize a market, the others will give up, and then the winning machines can earn a profit.\n\nPeople think Bitcoin fixes this, but it doesn't. Bitcoin just keeps humans treading water a little bit longer.",
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