Some dickhead in a silk suit yelling lies as the value fluctuates is the end game boss of the ‘Subjective Theory of Value.’
This kinda shit is what happens when you totally disregard the value of the labor. What’s a thing cost? Whatever that liar in the silk costume says it is, I guess. Because that’s our metric. Some shit guys like and Steve Jobs promise.
It’s all bullshit top to bottom. Just look at fucking Bitcoin. Zero embodied labor, zero real world use case, doesn’t create efficiencies, just a waste of resources and time. And one is worth as much as a tractor because reasons.
It’s extremely jokerfying to contemplate those “reasons.”
I was listening to Yanis Varoufakis talk about how the new data/cloud capital untethered from the physical “means of production” in our modern era. I don’t know if I fully agree with his take but it’s very interesting. But it’s definitely more stuff in the vein of what we’re grinding our axes over lol
I’m in the AI will be transformative camp but it’s early days and could go either way
The maddening thing with AI is there is no good outcome. Either it works and a shitload of currently employed people lose their jobs, or it’s a dud and the market collapses. There’s no winning for the worker.
Some dickhead in a silk suit yelling lies as the value fluctuates is the end game boss of the ‘Subjective Theory of Value.’
This kinda shit is what happens when you totally disregard the value of the labor. What’s a thing cost? Whatever that liar in the silk costume says it is, I guess. Because that’s our metric. Some shit guys like
and Steve Jobs promise.
It’s all bullshit top to bottom. Just look at fucking Bitcoin. Zero embodied labor, zero real world use case, doesn’t create efficiencies, just a waste of resources and time. And one is worth as much as a tractor because reasons.
It’s extremely jokerfying to contemplate those “reasons.”
I was listening to Yanis Varoufakis talk about how the new data/cloud capital untethered from the physical “means of production” in our modern era. I don’t know if I fully agree with his take but it’s very interesting. But it’s definitely more stuff in the vein of what we’re grinding our axes over lol
I’m in the AI will be transformative camp but it’s early days and could go either way
The maddening thing with AI is there is no good outcome. Either it works and a shitload of currently employed people lose their jobs, or it’s a dud and the market collapses. There’s no winning for the worker.
Ultimately no winning for the state, either. Unless they’re willing to murder 100s of millions. And well, they probably are.
They’ll just put everyone on the dole. But it will be the meagerest most miserable existence possible.
thinking about it this way it will be one of the biggest upward wealth transfers in history