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by erikpukinskis
3846 days ago
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The State is not the only alternative to capital. Another is individuals. Corporations (and the State) are mostly useless now that we have software. We're just in transition while we finish building AIs that usefully model the means of production and the body of available contracts. An individual with a powerful AI partner that can do those two things is no more powerful inside a corporation than out. The AI makes the collaborative structures of public space just as reliable as the collaborative structures within a corporation, so the entire value of the corporation to the worker disappears. |
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The rest is delusional science fiction. "Ethereum contracts will magically grant every individual land, labor and capital goods for self-sufficient production." No.