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K0balt 5 hours ago

Exactly this. General purpose intelligence and automation allow a clean break between capital and money as we understand it.

Money is used only to pay wages. It has intermediate uses, storage, leverage, etc but at the edge all you can do with money is pay wages. Nobody pays the dirt when you take out the metal, nobody pays the forest for the trees, nobody pays the chickens for the eggs or the cornfields for the crop. Ultimately it’s wages all the way down.

If you don’t have to pay wages, you don’t need money, you just need self replicating automation, energy, and access to land and resources mine or farm the raw materials you need.

If you zoom out to space, it’s essentially grey goo with maybe some humans at the top for a while at least.

Inside the gilded walls, if you want something, you don’t buy it, you build a factory to build it, even if it’s a one off.

If you need money for something because you don’t have enough reach and power yet, you just mine gold or bitcoin.

You don’t build products to sell, you don’t need customers. You just need energy, resources, and the kind of power that comes with 20 million self replicating robots to project your will. You don’t need government, and you certainly won’t be funding it. Government is a really complex system to administer a monopoly of coercive force for the common good. You have your own monopoly of force operating for your good.

The difficult part in the capital flywheel has always been humans in the sticky parts. Take them out and that baby will hummmmm.

Pesky humans outside the gilded walls will be accommodated in the same way we accommodate ants at a construction site.