alt Hacker NewsUnderstandably, the frustration is also around "what happens then?"
Everyone is wondering about what happens if (when?) it finally comes true
We really have to figure out what comes next for your average person. I think the reason no one wants to talk about this is because the answers aren't great. The average person not going to be living a great life in all likelihood, once we have no access to capital anymore
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Either we achieve a post scarcity society, or we become a permanent underclass if not soylent. Those are the only outcomes I believe are possible.
If we don't have access to capital, we will abolish capital altogether.
This still backfire to the oligarchs
The average person will not have any life in all likelihood. That is the end goal of capitalism. However, shortly after everyone dies, the remaining survivors - the likes of Musk, Thiel etc - will find themselves roughly equal and needing to establish a new hierarchy.
Yup, that's the weird thing about the booster argument. "We finally achieved it, we're no longer important or the dominant species and Sam Altman and Dario Amodei run what's left of the world from their bunker!" Yay?