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ljohnblaze t1_j9r9txn wrote

Isn’t that where this is all ultimately headed? In its turn, Ai might flip all of these arcane institutions on their heads. If laws can’t keep up, they just might become obsolete to some extent as well. Buckle up.

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flyblackbox t1_j9rn7k3 wrote

I think you would like this one: https://open.substack.com/pub/doxa/p/machine-learning-and-deflationary

Basically observes that all prices are headed towards zero.

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turnip_burrito t1_j9s74oz wrote

There's a graph in there that observes basically only electronics are heading to zero.

All the other stuff is basically break even or going up in cost.

AKA the stuff we need in order to live as basic necessities outside of electronics is getting more expensive.

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ljohnblaze t1_j9sqhcw wrote

Very interesting read, and agreed on all points. I wonder with the protected/subsidized roles and industries will give way, and what impacts solutions like UBI will play on society as a whole. Super exciting and scary - all of it. Thanks!

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