Their standard of living is directly dependent on somebody else running autocracy.
@doctorow@VladZamfir@mattereum@avalancheavax What I do not want to see emerge from the next round of progressive push is post-oligarchical societies in rich developed democracies which are 100% depended on huge enslaved populations running the factories which sustain that quality of life.
@doctorow@VladZamfir@mattereum@avalancheavax My take is that democracy died when the nuclear bomb was invented: everything after that is fundamentally the National Security Apparatus wearing the skin of democracy like the bugs from Men in Black.
There are only 15 nuke-countries. Everything else is basically a vassal state.
@doctorow@VladZamfir@mattereum@avalancheavax This is not to say that there are not better and worse illusions of democracy: I think there's a *very* good chance that the UK would have thrived under Corbyn, and the US under Bernie. But they had strong positions on matters that impacted the defense world, and did not succeed.
@doctorow@VladZamfir@mattereum@avalancheavax This may seem bleak, but I'm watching this from the perspective of an Indian. I'm not in India, my father's family mostly escaped through academia.
50C most summers in India now, in cities without running water. It comes in trucks, in plastic jugs.
Moloch is about ratchets. One person does something fucked up to win and all future winners do it too.
Moloch is simply the dark god of zero sum games, in particular iterated zero sum games.
The system as-envisaged lacks the "metaprogramming" ability to change its own rules: to ban cutting off your hand to win a race by throwing it over the finish line!
I want to talk a little about time scales. Here's what I want to know: in what year do you believe the last human will die of hunger?
How long before we can eradicate starvation?
Now, as is traditional, a brief thread. Why does the timescale matter?
Here's why: you are not going to see the Promised Land. It's not coming. What's coming is centuries of *history* IF WE ARE LUCKY.
History is filled with gross, gory things.
You see all those combat robots?
They're gonna get used. In fact they're already getting used: drone war is robot war. And you can bet there are classified ground combat robots already. There must be; the tech just needs money, and DARPA ain't poor.
The first thing is that people are having three different emotions about NFTs: a sense of betrayal, of fear, and of envy.
These three emotions are then channeled through the particularly disgusting positioning tactics which modern internet discourse has sunk to. It's awful stuff
But there are legitimate reasons for people to feel betrayed, afraid and envious. These folks aren't having these emotional reactions *for no reason*. There are legitimate problems, reasons for the complaints.
The problem is they're confusing freedom fighters for prison guards.
The younger generation *suck* at explaining the blockchain. No wonder there's so much FUD in the space right now - I'm looking at you @smdiehl
Let me explain what's going on, but this time we're going to leave the really important parts of the picture *in* the frame. A thread:
You've got to start in 2008 with the global financial collapse. Since then, interest rates have hovered around zero as government pumped cash into the global economy to keep it running.
For a long time, no inflation. The extreme medicine was working. Then covid, and 5% inflation
During that period with no inflation, and tons of money printing, there was very little economic *growth*. If there had been, inflation would have started then - the economy picks right up, credit risk goes down because lending is less risky, and prices start to rise on the cash.
What does it actually take to keep people happy? How can we do it at minimum ecological cost? What would those lives be like, and would we be happy living them if they were our lives?