What happens when cognitive tasks can be done at zero marginal costs? Co-CIO Greg Jensen explores some of the potential impacts that advancements of AI/ML technology could have on companies and the economy, including an extreme scenario that could potentially produce “explosive growth.”
“people who want $1000 a month UBI don’t seem to realize their rent will go up $1000 next month.”
Decommodification. We are post-scarcity in many areas, but are still getting charged for it because of commodity and profit-motive.
“people who want $1000 a month UBI don’t seem to realize their rent will go up $1000 next month.” Decommodification. We are post-scarcity in many areas, but are still getting charged for it because of commodity and profit-motive.