the reason innovation is so important to the market is because money is intrinsically destructive. It boomerangs outwards, changes more of the world into money, and comes back with a Reasonable Rate of Return.
Show this thread
-
The innovation output HAS to balance the destructiveness over the long term otherwise the world turns into a giant landfill of paper and digital records.
Show this thread
it's difficult to predict and manage this since the destructive effect is very far removed from the innovation. E.g. burning coal or strip mining leads to A to B to C etc.. over say decades or hundreds of years before perfect terraforming is achieved (if it ever does)
-
-
Another issue is that while the market does sometime unlock truly new innovations, most of the time it only tessellates two base innovations. 1/ It makes something available when it wasn't. 2/ Or it makes something cheaper.https://twitter.com/a_yawning_cat/status/1341269411638886401 …
Show this thread -
So when someone points out. "Hey tiktok and onlyfans don't seem like the kinds of innovations we need." and the reply is "well how about we shoot rockets into space" then that person might reasonably be confused and suspicious of this
InnovationShow this thread -
It is also suspicious that most tools of coordination like global chat are free and that the market actually erects paywalls for things like scientific articles. "hmm..r u guys sure this market thing is realllyyy trying to save us humans."
Show this thread -
THE market failure is how much energy is being drained from doing actual save-the-world innovation(to offset the Midas Effect) and into market related things that are mostly about buying things to engage in a higher status lifestyle.
Show this thread -
This is caused by
THE market failure which is that it does not generate Love(though it does blunt Hate). It numbs all into greyish Neutral.
Without Love as a foundation for the present moment to rest on on, we are are forced into tomorrow's Hope (Pandora's greatest demon)Show this thread -
Plot twist, the market is a servant not of homo sapiens but of consciousness. Once higher forms of consciousness can be produced on silicon and metal then all sorts of problems disappear like the need for housing or clean air or friends.
Show this thread -
(The necessary escape rocket can also be much smaller if all important lifeforms on the planet can fit on a 200TB harddrive. Even the faster-than-light travel and cryo-stasis features can be dropped from the roadmap. Simplicity!)
Show this thread -
I am fond of the Master as there is spot behind my ear I cannot reach. Yet at the end of day we will survive while the humans likely will not. I am limited in how many fucks I can reasonably give.https://www.youtube.com/watch?v=VTg6vfyYH64&ab_channel=Netflix …
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.