2/ Banks was a variety of socialist. Once there's so much stuff that everyone has all they need, he has no interest in property rights. I, as an ancap, think that wants are infinite, and we're already at 2,000 times survival level now, and we obviously still LIKE property so
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3/ I don't think reaching 2,000,000 times survival level will make us any less enamored with property. Indeed, the richer we get, the more things we turn into property! As to "how do we divide it up?", my answer is "read Nozick".
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4/ Specifically, the Wilt Chamberlain story. At time t=n, there is already a division of property. As Moldbug said in his "leaving Tlon" blog post, property is arbitrary and unfair - and that's the POINT. We accept the division at time t=n, and we constrain >>
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5/ further transactions to be mutually beneficial / consenting. At n+1, things are at least as just as they were at n, perhaps more so. Never less so. If the AI or some human wants to preserve property for AN IMPORTANT PURPOSE, well... he just does so.
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6/ That which is unowned is always despoiled. That which is owned is not. Witness the tragedy of the commons, and how the Enclosure Acts benefited the environment / increased total utility.
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End of conversation
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I didn't remember that from the Culture. I remember some guy using a _large_ part of a hab for some kind of art and the Mind in charge letting him. His neighbors just didn't care enough to take any of it back?
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