Kurzweil in Washington Post

Washington Post – Published: November 16

Comments On:
Ray Kurzweil on the future workforce

Agree completely – very glad to see that others are independently reaching the same conclusion.

Some things to consider:

Most of our societal governance structures are heavily influenced by the concept of money.

Money is a market based concept.

Money can be conceptualised as the product of two complex functions within every mind.

One function is the value of a thing, and every individual will have their own complex multidimensional set of sub-functions that deliver some instantaneous feeling of the worth of a “thing”.

The other function is an estimate of the scarcity of the “thing”.
Our individual assessments of this are once again a very complex set of sub-functions.

The more we want something, and the more scarce it is, the more we will pay for it.

The flip side of this is the real issue here.
Anything that is abundant has zero scarcity, and therefore zero market value (anything multiplied by zero equals zero – consider oxygen, important, abundant, and zero market value).

Thus while we are developing technology that is capable of delivering abundance, that abundance is invalidating our dominant social valuation paradigm (money and markets).

There is a flip side to this concept also, which is that there is zero market incentive to ever deliver true abundance (which reaches every person on the planet), and there is in fact massive monetary incentive to prevent such abundance ever being created.

We are developing the ability to create technologies that automate all aspects of production and services. We are at the very early phases of this process. It will only accelerate from here – exponentially so.

We are entering the age of freedom – which includes freedom from work.
That implies an age of choice, where individuals get to choose what they do, not from any sort of survival need, but simply from pure free choice.

I am actually an optimist, and like Ray and Peter, am quite confident of a secure future for all humanity, and I do not see either of those guys actually addressing the deep systemic issue that money is not compatible with real abundance for all.

We need many more people to start thinking beyond money.

I am clear that there are many classes of solution to the money problem, and those need to start entering into main-stream discussions very soon, if we are to maintain stability through transition.

Interesting times.

About Ted Howard NZ

Seems like I might be a cancer survivor. Thinking about the systemic incentives within the world we find ourselves in, and how we might adjust them to provide an environment that supports everyone (no exceptions) - see www.tedhowardnz.com/money
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