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by wyldfire 43 days ago
Physics, or ... capital.

Look at the cryptocurrency and Bitcoin economies for an example. Instead of being a democratic mining economy where spare cycles are used, only companies which invest capital to find semiconductors from the latest process node combined with facilities and inexpensive electricity benefit from mining.

Only the next Standard Oil / Amazon / Google will benefit from the people-free economy.
1 comments
stephc_int13 43 days ago
No, you don’t feed machines with bitcoins or any kind of currency, you feed them with Joules, Iron, Copper, rare earths etc.
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blks 43 days ago
Machines don’t exist by themselves, someone owns them.
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athrowaway3z 43 days ago
There are quite a few machines connected to the internet right now with no owner. Boxes forgotten over time and power consumption not enough to matter.

If we keep on the trajectory of energy usage and computation, in 50y you might have the same with smarter models. Also, a virus could have its own bitcoins to rent compute and work for more.

Ownership is as much a social construct as Money or The Economy. Do with that what you want.

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HappMacDonald 41 days ago
> There are quite a few machines connected to the internet right now with no owner. Boxes forgotten over time and power consumption not enough to matter.

They are on somebody's land, and unless they run completely off of solar or turbine then they are still drawing someone's electricity. Their access to the internet also must be mediated through a SIM card or a wire to someone's network. With no dispute from other possible owners, the owner of the related land, electricity, and network access (far and away these will all be the same party) is the owner of the internet-connected device.

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flextheruler 42 days ago
Sure it's a social construct, but billions have killed or been killed for money, land, and ownership of assets. Social constructions at their extreme are just abstractions of power which determines life and death. Something being a social construct does not make it invalid or ignorable. All of life is a series of intrapersonal relationships built atop social constructions. I'm sorry but I find pointing out something being a social construct only serves a somewhat naive/juvenile purpose as an easy way to make a statement look nonsensical.
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