> If you had a genie that could grant your every wish, what would you need money for ?

The things that a magic AI Genie will never be able to give you no matter how far into the AGI/Singularity things get. Such as Land, Energy, Precious Metals, Political and Social Capital, etc.

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famouswaffles 2 hours ago | parent | next [-]

All of these things can be easily obtained with control of a machine far enough into 'AGI/Singularity'.

Energy, Precious Metals etc are not obtained with Money. They are obtained with human work and effort, all of which we are now saying is doable by the machine.

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unglaublich 5 hours ago | parent | prev | next [-]

Georgism is the only way forward. Tax land, energy, metals, and other constrained natural resources, not labour.

	▲	df2dd 16 minutes ago \| parent [-]
		Yep. Tax the resources that capital needs to produce the stuff. This is just a simple way to think about how we think about tax regimes etc can evolve.

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Teever 2 hours ago | parent | prev | next [-]

This is what a lot of people don't get. The magic genie that lets you wish for more wishes isn't a a rack of GPUs in a DC somewhere.

It's a domestic robot that can do full maintenance on another domestic robot.

Self replicating machines are the genie that grants you more wishes. They are the genie that can turn that land, energy, and precious metals into copies of themselves.

	▲	ryandvm an hour ago \| parent [-]
		What happens when the genies realize that the meatbags that require 3000 kilocalories a day are just a net drag on the whole system?

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lupire 5 hours ago | parent | prev [-]

'Political and Social Capital" don't belong on that list.