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5/ so in this world, where capital is ubiquitous and talent [ of a caliber worth deploying ] is rare, then capital loses almost all value, I think? so, LOL, we get a version of Ian Banks' socialist utopia "The Culture" ... except everyone is >>>https://twitter.com/ByrneHobart/status/1354095827342536707 …
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6/ either an indolent hedonist [ as Banks predicted / desired ], or is ruthlessly striving to develop human capital in a sweepstakes economy where 99% fail to be good enough / fail to be the flavor of the season.
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Financial markets are a... very Darwinian environment. You can give the public tools to trade, but you can't make it trade well. Markets move money from stupid hands into smart hands quite efficiently.
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Ultimately it's a continuation of existing trends, just up a layer of abstraction. Instead of writing data/programs I'm now writing data/program *generators*. Won't result in 1% laboring, just more getting done; frees up time now to do *other* stuff
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