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by atomicnumber3 31 days ago
Somehow one of the most fascinating aspects of LLMs is that they were able to basically both reveal corporate capitalism as primarily being about virtualized feudalism, and also casually ruin the entire world, just by their ability to generate decently grammatically correct English.

Why is it that all of these bigheaded corpo type people react to "anti-AI" sentiments with this strongman crap?

Are they surprised that people, especially young people who are going to head into the world to try to make their way, are NOT supportive of the idea they'll just be eternal slaves, or even unemployed nuisances, to feudal lords?

The whole fucking point of this system is for it to support people. "They" need to remember that or they're going to be reminded of it. Capitalism was cool as an evolutionary step but it's pretty fucking clear we're going to need another innovation here sometime soon.

2 comments

Do you have any other concrete idea than Capitalism? (Not rage-bait, genuinely interested) and how it would work in practice.
Still Capitalism, but the Nordic Model.

High taxes on the wealthy, high social spending for all, lower business regulations, lower wealth inequality, and high labor market flexibility.

https://maseconomics.com/nordic-model-economics-high-taxes-g...

Honestly there are so many levers we could pull off within Capitalism to both meaningfully improve the lives of people while keeping together all the things that are genuinely good about it (such as the central thesis of rewarding risk and innovation).

- better safety nets paid through higher taxes and closing down loopholes (such as buybacks)

- stronger regulatory enforcement to reduce the power of monopolies / monopsonies

- stricter rules around tax-payer investments / subsidies into companies (sure SpaceX gets to have billions to shore up our competitiveness but there must be a mechanism for the tax payer to have board representation)

etc. etc.

The list goes on. Honestly it doesn't take a lot (besides political will and escaping the capture of Citizens United) to move the needle so that the median income or bottom 10th percentile lifestyle meaningfully improves while we no longer have wealth horded to the level of having centibillionaires.

It does require a government that operates with much less corruption than we have, so it is more idealistic than not, but very easy to imagine.

> Capitalism was cool as an evolutionary step but it's pretty fucking clear we're going to need another innovation here sometime soon.

Well your other options are Marxism or Star Trek replicators. I'd choose the latter.

Would you vote for my "Social Democracy with Capitalism in a Sandbox" platform?
totally, let's go Norway!