5
   

The future of money

 
 
Cyracuz
 
  1  
Reply Sat 21 Jan, 2012 08:53 am
@cicerone imposter,
Quote:
There are many developing countries that offer free education to their children, but what is happening is that those who earn a free professional degree immigrate to another country that pays more for their skills.


Yes, that's a problem, and we see it here too. There are always some who come to Norway and get an education, and the plan from the start is to go back to their homes to educate others and help their communities. But very often these people instead just stay in Norway, get high paid jobs and begin the process of bringing their immediate family here. That does very little to improve on conditions in their homelands.
0 Replies
 
north
 
  1  
Reply Sat 21 Jan, 2012 08:46 pm
@Cyracuz,
Cyracuz wrote:

What will happen to the economical system when humans reach the point where everything can be done by machines and robots, and humans as labor is no longer needed?


you still need maintence techs though

also instead of the companies buying these robots , the employee buys the robots and maintains them
Procrustes
 
  1  
Reply Sun 22 Jan, 2012 04:59 am
@north,
What if there was a endless chain of maintenance robots looking after each other?
0 Replies
 
space007
 
  1  
Reply Thu 28 Jun, 2012 05:12 am
@Cyracuz,
Whatever happen we need a measure, but the paper money may vanish and just digits on the computer screen instead.
0 Replies
 
Fil Albuquerque
 
  1  
Reply Thu 28 Jun, 2012 04:33 pm
Lets go straight to worst case scenario and analyse :
Imagine replicator technology in conjunction with nuclear cold fusion for instance...no need for maintenance no limits to production, what then ?
Whatever robots there might be invented, whatever capability of production might come along, as long as differentiation can exist, money, paper or not, will keep on existing...be it improvement in tech, be it improvement of services, be it development of new ideas...we will change for the capitalism of wealth of ideas over the capitalism of wealth of energy, or means...either us, humans, or whatever comes next...in fact the all concept of property can be reduced to one simple idea, which is quite meritocratic if let alone, you process, compute or possess what you can, or are capable of dealing with, that is, the optimal amount...Capitalism ensures that...and smart capitalism ensures cooperation as long as cooperation ensures better optimization which it does ! The only thing capitalism doesn't ensure is redundant systems...redundancy and incompetence are heavily penalized...does it mean extinction ? well it might, but not necessarily...normally it just means downsizing to optimal competence...that everything has a natural place or an optimal place, is its basic rule...of course those who think we all are equal tend to hate it...in fact they hate the whole of reality and its governing rules...not worth going about providing bad examples on capitalism...true capitalism governs itself very well.
Fil Albuquerque
 
  1  
Reply Thu 28 Jun, 2012 05:01 pm
@Fil Albuquerque,
...attacking capitalism for its optimization tendency is like arguing electricity is being "greedy" because it follows the shortest path in a circuit !
Its nonsense and a complete display of foolishness !
...equally the idea that money is the root of all evil is the pinnacle of mediocrity !
(Someone who does understands physics will understand Capitalism quite easily)
Fil Albuquerque
 
  1  
Reply Thu 28 Jun, 2012 05:52 pm
@Fil Albuquerque,
In fact the whole problem of mankind is not money but stupidity !

Fil Albuquerque
 
  1  
Reply Thu 28 Jun, 2012 06:04 pm
@Fil Albuquerque,
Let me just ad a final controversial note, as without it what has been said becomes a side note...Capitalism is not about constant growth, nor even sustainable growth either, there is no such thing as sustainable growth...those 2 words don't even match together...Capitalism is about optimal systems and continuous optimization, which of course imply s, growing up to maximum optimal performance, and then stop right there...maintenance is the next paradigm and the hardest to get working properly...growth or improvement will continue in terms of ideas, in another stream line, but not in terms of physical available resources...not at least till we get out...
Fil Albuquerque
 
  1  
Reply Sun 1 Jul, 2012 02:48 am
@Fil Albuquerque,
...another idea that I personally find linearly appalling is to believe that the State is a necessary natural enemy of Capitalism who limits its natural development impeding is self regulation, and while obviously the whole controversy seems to be referring to central state that is yet another matter as a mature concept of State justify s it in continuous progressive layers...thus the true State is or should be yet another expression of self regulation in a healthy Capitalist system ensuring equilibrium and preventing monopoly's once monopoly's limit diversity and reduce intellectual wealth and innovation...of course the state I am talking about goes beyond its formal definition and expression, as the state comes in rings of influence, starting from the family or group up to its national or international expression...The "State" for all purposes is just administration and its everywhere including those corporations and company's who pretend to oppose the idea...the State assumes a central form only and if a central form operates better, as nowadays for instance, the real State is the web...realizing that vertical versus horizontal forms of regulation emerge as an expression of development in the system is perhaps a better way of grasping what is happening and the intention who brought up this particular post...
0 Replies
 
 

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