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AI: It's a wonderful opportunity to rebalance the entire economy 17:59 - Sep 29 with 548 viewsNthQldITFC

Logically, efficiency and automation bring more wealth than ever into that abstract concept, 'the country'.

At various points in history, real 'wealth' has been distributed at higher or lower points on the income spectrum. I guess it could be argued that after WWII we had a welfare state that effectively pushed meaningful wealth* towards the bottom of the spectrum. Nowadays the heat map is red hot at the top, and orange for the aspirational middle classes.

It strikes me that AI is going to shake things up so much, that rather than letting the super wealthy and the very wealthy keep creaming off as much as they can (often just for the sake of it and at huge cost to the rest of humanity and the future of the biosphere), in time-honoured, soulless Thatcherite fashion, we could actually have a revolution that provides a decent level of meaningful wealth at the bottom, and allows modest increase from there on up. Constrained, of course, by an environment-limited upper end.

https://doughnuteconomics.org/

* By meaningful wealth, I mean health, happiness and a reasonable level of comfort.

Good work by Philogene...... GREAT WORK BY PHILOGENE!!!
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AI: It's a wonderful opportunity to rebalance the entire economy on 22:14 - Sep 29 with 359 viewsFBI

Unfotunately it's poised to destroy the town I live in, as anyone who watched Countryfile on Sunday will have seen.

Poll: The career progress of former town players is...

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