CriticalPolitical

CriticalPolitical t1_j13anwq wrote

I mean, intrinsically as long as there are non fungible items with demand I believe scarcity will exist. I have encountered this argument many times with socialists and communists and while I do believe that through advertising you can psychologically create more demand for a product simply by showing it more and making people more aware of it, I don’t think the same thinking applies to things like original stamps similar to this 1908 Benjamin Franklin stamp. Not only that, but there is only a finite amount of oceanfront property for people to live and some people insist on living in specific areas. While I do think AI will help mediate situations like this, I don’t think it will ever be able to truly abolish scarcity. Everyone has preferences, even you…and if you prefer something that many others also prefer (and are willing to pay for) there will be intrinsic value in it. Value is subjective, one person’s trash is another person’s treasure.

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CriticalPolitical t1_j131ra0 wrote

I don’t know how this might work, but perhaps each person should get 1 iRobot at birth and it start working the exact moment it comes out of the womb (or perhaps at conception?)

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CriticalPolitical t1_j131k2k wrote

I think scarcity will exist at some level for some items. The question is if we should just let AI decide on if or how the original Honus Wagner baseball cards should be distributed or anything else that is scarce should be distributed. I think most of the economic aspect of society we see right now will fall away though.

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