| Soundwave said: Who will make the "things" that have "prices" on them, and where will the people "buying" those "things" get that "currency" from. It will likely have to be a centralized organization ... or "government". Or will some "god like" AI also run that? And what happens per chance when such an AI decides it would be better off without human beings or at least, so many of them. |
Why would production have to be centralized? You haven't supported this assumption. What we are seeing now is that there is no moat when it comes to AI technologies. Open-source models only lag about a year behind proprietary ones - at most, and there are many competitors even in the proprietary sphere. I expect that to persist into the future. Combine that with advancements in additive manufacturing and robotics, and the ability to have a class (or governmental) monopoly on productive capital reduces. So those are two productive inputs (capital, and data) that are widely available with few barriers, if we are willing to ditch the idea of intellectual property. Firm production likely will be outmoded under these conditions in way of commons based peer production.
That would mean for individuals, most things needed to live probably won't have any prices or would have trivial prices. Beyond that, you probably would still have some sort of market-exchange for specialized goods and you don't need firms or wage-labor to have money. Money is older than firms and wage-labor.
