lets say tomorrow an app appeared that anyone could use to give them perfect knowledge of any product or service they consume. (e.g. all externalities, the labor conditions of everyone who worked on it, negative/positive effects, etc) how much does this effect capitalism?
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not much to 0, people don't actually want that information and, being forcibly given, they'd ignore it. capitalism works is fueled by a few genius and a lot of gut feeling.
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empirical evidence says ur wrong https://faculty.chicagobooth.edu/austan.goolsbee/research/insure.pdf …
- Još 5 drugih odgovora
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Does the app really just remove asymmetries, or does it also tell you things nobody currently has perfect information about
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I'll say only information that has been logged in any computer connected to the internet
- Još 2 druga odgovora
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Does it give us information of how to make the product?
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I mean it flat out debunks a whole bunch of normative claims about 'deserving rich', 'undeserving poor' and other shit where a rational market is 'supposed' to calculate the worth of your labour. It removes a strut from a whole host of talking points.
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Perhaps it appears optimistic, but while I voted that it'd have a little impact, honestly I suspect that little bit would be quite miniscule. Not quite zero, but not much overall. Beyond that, I think capitalism currently still leans heavily on presenting a lack of options.
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I say presenting in that, while there may be ethical options out there, or means by which to make or do something in a more ethical fashion, the scale of modern capitalism is broad enough that these seem inconceivable. "Sure, we're bad, but what choice do you have otherwise?
Kraj razgovora
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I voted little effect. An app with this knowledge suddenly existing could cause small uproars in short term, but in the long term I can only see a return to status quo procedures This only accounts for a Deus Ex interpretation, as the labor going into it might be a dif scenerio
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I think it is a big deal.
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Čini se da učitavanje traje već neko vrijeme.
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